The startup has decided it wants to start flying people as soon as possible and so will certify the autonomous single-seat Heaviside H2 now in flight testing as its entry into the market.
Helicopter operator Bristow Group has announced a partnership with Vertical Aerospace to explore electric vertical-takeoff aircraft while Avolon is partnering with Brazilian airline GOL and transportation provider Grupo Comporte to commercialize an eVTOL ride-sharing platform in Brazil.
Aviation Week’s Advanced Air Mobility Report to date has covered the projects and companies that are staking ground in a market that they, themselves, are creating.
Israel’s Urban Aeronautics has secured an initial $10 million of the at least $100 million it needs to raise through a Series A funding round to support development of the CityHawk vertical-takeoff air taxi.
Shareholders in Atlas Crest Investment approved the blank-check company’s reverse merger with urban air mobility startup Archer Aviation in a Sept. 14 vote.
Iris Automation continues its string of dealmaking, signing on as a partner with Australia’s Swoop Aero to offer beyond-visual-line-of-sight systems on the global advanced air mobility market.
High-profile electric air taxi startup Lilium will become a publicly traded company Sept. 15 when its Class A ordinary shares and redeemable warrants will be listed on the Nasdaq stock exchange under the ticker symbols “LILM” and “LILMW” respectively.
Archer is heading into a shareholder vote on its going-public merger armed with FAA approval of the certification basis for its electric aircraft, but facing a court battle against its air taxi rival Wisk.
U.S. startup Electra.aero has formed a strategic partnership with Melbourne-based infrastructure company Skyportz to develop urban and regional passenger and cargo transport in Australia using hybrid-electric ultra-short-takeoff-and-landing aircraft.
As a result of the COVID-19 pandemic, air carriers are chasing a smaller pool of travelers, putting small-community air service at risk just as it was in the years following 9/11.
Alphabet drone delivery company Wing is close to passing the milestone of 100,000 commercial deliveries, more than half of them in the last eight months in Logan, a city of 300,000 people south of Brisbane in Queensland, Australia.
EHang is accelerating its initiative to identify urban air mobility routes as the Chinese startup transitions to being an operator of its electric vertical-takeoff-and-landing autonomous air taxis.
