South Korean automaker Hyundai has revealed new details of its broad-based advanced air mobility development strategy after unveiling a full-scale cabin mockup of its electric vertical takeoff and landing air taxi concept and signing a propulsion collaboration deal with Rolls-Royce.
Blade Air Mobility, one of 10 publicly traded advanced air mobility companies, beat analyst expectations with its second quarter 2022 financial performance.
United Airlines has made a $10 million predelivery payment on 100 of the 200 electric air taxis it agreed to purchase from Archer Aviation in February 2021.
Global helicopter operator Bristow Group has further widened its range of bets on the emerging advanced air mobility market, placing a firm order for five Beta Technologies Alia-250 electric vertical takeoff and landing aircraft.
Vertical Aerospace has secured a $100 million funding line to bolster its finances as the UK startup ramps up spending on development of its VX4 electric vertical takeoff and landing air taxi.
Swiss autonomous flight startup Daedalean has established a U.S. presence as its first artificial intelligence-based avionics system moves toward FAA certification.
Embraer’s urban air mobility spinoff Eve Holding saw cash burn accelerate in the first half of 2022 as it increased research and development (R&D) spending on its electric vertical takeoff and landing air taxi and urban air traffic management program.
Zipline has signed a Space Act Agreement with NASA to help implement “m:N operations” in which a small number of humans manage many autonomous drones or air taxis in U.S. airspace.
American Airlines has invested in zero-emission propulsion developer ZeroAvia and signed a memorandum of understanding covering a possible order for 100 hydrogen-electric engines to retrofit CRJ regional jets.
Automotive giant Volkswagen has joined the race to develop electric vertical-takeoff-and-landing aircraft, unveiling its passenger prototype July 29 with Volkswagen Group China.
Operators and manufacturers of advanced-air-mobility (AAM) solutions have several significant hurdles to overcome if they wish to win public acceptance, according to a study published late last month by the UK’s Future Flight Challenge program.
Hybrid Air Vehicles has begun marketing a larger cousin of its in-development low-carbon Airlander 10 airship, and has set up a partner program with potential customers to help inform design and specification.
Zero-carbon flight-technology development often appears to be the preserve of two kinds of companies: large OEMs eyeing replacements for their fossil-fueled products and startups bringing in new ideas and funding.
Honeywell Aerospace’s plans to supply flight-control actuation and thermal-management technologies to Archer Aviation for its electric vertical-takeoff-and-landing aircraft.
Piper Aircraft has announced a partnership with CAE, the Canadian flight training and technology company, to develop a conversion kit for in-service Piper Archer aircraft (PA-28-21) to become electric variants of the popular training aircraft.
As has been the case for decades, an international airshow tends to bolster the aerospace industry, bringing to fore the deal-making and discussions that provide a bump for investors and a view into the future.
Advanced air mobility developer Beta Technologies has secured a 75-year lease at Burlington International Airport in Vermont to build a 355,000-ft.² electric aircraft production facility.
Customer interest in advanced air mobility continued to expand at the Farnborough Airshow, both by mission and geography, diversifying the orderbook beyond its early focus on airlines and lessors.
Advanced air mobility developer Beta Technologies has secured a 75-year lease at Burlington International Airport (BTV) in Vermont to build a 355,000-ft.² electric aircraft production facility.
