A U.S. startup that plans to use airships to transport green hydrogen and air cargo has been selected for a business accelerator program run by Dassault Systemes.
Eaton, a mid-tier aerospace and defense supplier, has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
After playing out through most of 2020 and 2021 for the electric vertical takeoff and landing industry, the process of assembling memorandums of understanding, letters of intent and other expressions of interest to bolster fundraising drives is underway in other parts of the evolving advanced air mobility market.
Embraer’s Eve Urban Air Mobility finished out 2021 with two major announcements—plans to go public and plans to study potential military missions for the Eve eVTOL aircraft.
In the first such move by a leader in the advanced air mobility market, Joby Aviation has acquired Austrian radar designer Inras to prepare for more complex, and eventually autonomous, operations of its electric urban air taxi.
UK startup Electric Aircraft Group and the University of Nottingham plan to establish a joint venture to develop megawatt-class electric propulsion systems.
Although Brazilian airlines Azul and GOL are fierce competitors, both believe there are vast opportunities for urban mobility in Brazil and are each working to create a new mode of transport in the country.
When Tavistock Development completed the master plan for its Lake Nona development in Florida, part of the vision was connectivity for the people living there—a multimodal transportation strategy that includes autonomous ground vehicles and a bicycle network within the community.
BAE Systems and Embraer are teaming up to study potential military missions for the Brazilian OEM’s Eve electric vertical takeoff and landing aircraft.
The merger values the electric air taxi developer at $2.4 billion, a price backed up by the largest conditional orderbook in the advanced air mobility market.
Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility industry to more than $5 billion.
Bristow's partnership with California-based Overair covers the potential purchase of 20-50 of the startup’s Butterfly quad-tiltrotor platforms and collaboration on commercialization of the platform.
New York-based seaplane airline Tailwind Air has partnered with Airflow.aero to develop an amphibious, float-equipped version of the startup’s planned electric short takeoff and landing aircraft.
German regional air-mobility startup Flyv has partnered with U.S. aircraft developer Electra.aero to enable an on-demand service flying between underserved markets in Europe using electric aircraft.
Zero-emissions propulsion startup ZeroAvia has signed an MOU with De Havilland Canada (DHC) to offer its hydrogen-electric powertrain for retrofit or production-line installation in the Dash 8-400 regional turboprop.
The U.S. Air Force’s AFWerx innovation unit has narrowed the competition down to 11 companies for its challenge to identify potential high-speed vertical takeoff and landing concepts for special operation missions.
