Detroit startup Airspace Experience Technologies has completed the first hover flight of its proof-of-concept Sigma Six, a tiltwing electric vertical takeoff and landing vehicle with interchangeable plug-and-play payloads for defense, emergency response, cargo and passenger transport missions.
A team led by Hanwha Systems plans to launch South Korea’s first commercial urban air mobility service in 2025 linking tourist destinations on Jeju Island using Joby Aviation electric vertical-takeoff-and-landing (eVTOL) air taxis.
Swedish startup Jetson is closing a $10 million seed round to fund production of its single-seat ultralight electric vertical takeoff and landing vehicle.
Oklahoma and Arkansas are making a bid to be a hub for research, development and production for advanced mobility, including drones, air taxis and technologies such as batteries and autonomy.
Eve Holding helped push the AAM Stock Composite up by 2% for the five market trading days ending Sept. 12 when compared to the previous five-day period.
Finland has opened the LIFT Future Aerospace Center, which aims to strengthen aviation research, development and innovation in the country through public and private cooperation.
“Much of the focus in advanced air mobility today has been on the vehicle,” says David Stepanek, the Bristow Group’s chief transformation officer. “There hasn’t been a lot of focus, or any focus at all, on what happens after production."
Luxury hoverbike developer Aerwins Technologies has announced plans to go public through a deal with Hawaii-based special-purpose acquisition company Pono Capital.
While China may dominate the Asian market in terms of orders, it certainly is not alone in the Asia-Pacific region in joining the advanced-air-mobility (AAM) industry.
South Korean startup MintAir plans to build an advanced air mobility service using electric rotorcraft and has agreed to order up to 40 aircraft from Jaunt Air Mobility, in addition to a previous commitment for 100 aircraft from Skyworks Aeronautics.
UK and New Zealand companies have joined forces to develop facilities to enable aerospace companies to test liquid hydrogen fuel systems for flight certification and support the shift to sustainable aviation.
DARPA is launching a program to demonstrate a long-endurance uncrewed aircraft able to operate from warship flight decks and small austere locations in adverse weather.
The primary story on funding in the advanced air mobility industry this month is on cash burn related to research and development, to include certification efforts.
