AAM_Business

Hanwha, the major investor in air taxi startup Overair, will work with LG Energy Solutions on special-purpose batteries for urban air mobility.

Airbus takes next step in development of autonomous flight capabilities for commercial aviation.

Based out of Oxnard, California, Sabrewing Aircraft Company is a startup seeking to develop and certify a family of autonomous, hybrid-electric cargo drones.

This is Dublin-headquartered LCI’s second agreement to acquire electric vertical takeoff and landing aircraft.

The agreement will see ASX begin deliveries in 2025.

The Caxias do Sul-based company gained attention after announcing a letter of intent in December to purchase 40 aircraft from Eve Air Mobility.

Propulsion pioneer MagniX prepares to test the final design iteration of its electric engines.

The Amsterdam-based company will also help Archer manufacture its Midnight four-passenger air taxi.

UAV President Mike Leskinen details the airline’s vision for integrating new technologies into its existing fleet and network.

As Samad, the Cranfield, England-based startup was founded to develop the e-Starling ducted-fan eVTOL luxury jet.

Qingdao West Coast Area’s investment arm has committed to investing an initial $10 million in the Chinese eVTOL startup.

Maeve Aerospace plans to develop a 44-seat electric regional airliner with a design range of 300 nm.

Spirit AeroSystems is the market leader, according to the consultancy’s December report.

Eve Air Mobility has secured two lines of credit worth a combined $92.5 million from Brazil’s National Development Bank.

A United Airlines senior executive praised the decision by Heart Aerospace to increase its electric airliner from 19 to 30 seats.

Site approvals and first-article tests will be completed by the end of February 2023.

After a heady 2021, a layer of reality has settled over the advanced air mobility industry in the past year.

Proposed certification requirements for Archer Aviation’s M001 Midnight air taxi have been released by the FAA.

The increase was pushed higher by several large fundraising rounds at major AAM startups in recent weeks.

Eve Co-CEO Andre Stein offered an update on the status of Eve’s namesake eVTOL.

India has the potential to be a major market for advanced air mobility.

Since 2018, the share of active legacy players in AAM has grown 10% each year.

Reliable Robotics has entered a partnership with ASL Aviation Holdings aimed at integrating autonomous technologies into air cargo services.

The 390 potential AAM routes in the UK are spread among 32 smaller and regional airports.

Joby Aviation said it has completed the second of four FAA system reviews for its S4 air taxi.