AAM_Business

Fleet management and air transport startup EVFLY has signed an accord with AutoFlight to buy 205 Prosperity I and Prosperity Cargo eVTOL aircraft.

Manufacturers of electric vertial-takeoff-and-landing vehicles have done a great job in capturing the hearts and minds of investors and the general public.

A clearer path to certification and operation of a fixed-wing electric aircraft is another reason given for the move.

Airbus has teamed with the Norwegian Air Ambulance Foundation to study how the OEM’s CityAirbus eVTOL aircraft could handle future medical missions.

Many developers of eVTOL and AAM platforms envision a future in which their aircraft operate autonomously.

Archer Aviation has announced that assembly of the first nonconforming prototype of its Midnight electric air taxi is nearly complete.

The agreement, outlined in a letter of intent (LoI), includes a conditional order for 10 of Electron’s battery-electric, fixed-wing aircraft.

Archer Aviation has closed a deal for a local government incentives package.

Lufthansa Aviation Training has declared its intent to be the European launch customer for Diamond Aircraft’s eDA40 electric training aircraft.

Australia’s fledging advanced air mobility industry was promoted at the biennial Avalon Airshow at Geelong in Victoria.

Founded by two former Embraer engineers, Moya is a spinoff from aerospace engineering services company ACS Aviation.

Merging with blank-check company Kernel Group Holdings will generate funds for development of the Jaunt Journey eVTOL air taxi.

Regional mobility booking platform KinectAir has announced a partnership with Electra.aero that could see it deploy up to 31 hybrid eSTOL aircraft.

A judge has denied Wisk Aero’s motion to sanction Archer Aviation for alleged intentional destruction of evidence related to a lawsuit.

Archer Aviation says it will enter another round of mediation with rival Wisk Aero at the end of March.

Chinese startup Vertaxi has raised $21.6 million to support development of its Matrix 1 eVTOL air taxi.

SMG Consulting and Saudi Excellence Co. have signed a memorandum of understanding to jointly promote and explore potential use cases for AAM in Saudi Arabia.

Rob Scholl is Textron eAviation's CEO.

EHang completed a demonstration flight of its two-seater EH216 eVTOL vehicle in Japan.

While the list shares some of the top names in common with comparable rankings from SMG Consulting and Aviation Week, there are also some notable differences.

London-based UAV startup Dronamics has raised $40 million in a capital round.

Archer CEO Adam Goldstein discusses the company’s aircraft development progress and production strategy.

Beta Technologies and Blade Air Mobility announced the successful completion of a test flight at Westchester County Airport in White Plains, New York.

Part 135 cargo carrier Ameriflight has signed a letter of intent to purchase 35 Rhaegal-A drones from startup Sabrewing Aircraft.

Several airlines have placed orders for electric and hybrid-electric aircraft, but how will they be integrated? Early clues are beginning to emerge.