Advanced Air Mobility

NZAAS operates from six bases providing service across the North and South Island and in the South Pacific.

German startup Vaeridion has raised €14 million ($14.6 million) in a Series A round led by European climate investor World Fund.

Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.

The investment comes as part of a transaction that will raise up to $180 million for Vertical.

Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.

Archer has announced that construction of its high-rate manufacturing facility in Covington, Georgia, has been completed.

SkyDrive and Osaka Metro Co. have announced four planned vertiport locations for the SD-05 eVTOL aircraft within the greater Osaka area.

Guangzhou-based GAC unveiled the single-seat drive/fly Gove in January 2023.

Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.

Clean Aviation is studying different approaches to hybridizing regional aircraft to reduce fuel burn and emissions.

KRW40 billion ($27.8 million) was invested in the facility and the designing of the center in 2022.

AFWERX does not have any specific requirements, a program of record, or impending contracts for hybrid eVTOLs.

The AAM Reality Index evaluates companies’ likelihood of success in bringing an advanced air mobility aircraft to market.

Joby has completed its first series of flight tests as part of South Korea’s K-UAM Grand Challenge.

While air taxi frontrunners Joby and Archer plan to operate their own airlines in the U.S., a small handful of operators are eager to get in on the action as soon as possible.

Spain’s Crisalion continues to make slow but steady progress toward development of its Integrity multiprop eVTOL.

Germany aims to establish itself as a leading location for development and operation of drones and e-taxis. Australia also has issued an AAM strategy.

FAA Administrator Michael Whitaker has informed the agency’s workforce that he will step down from his position four years early on Jan. 20, 2025.

Archer Aviation and Anduril Industries have signed a “strategic partnership” to develop “next-generation aircraft” for defense applications.

Electric aircraft developer Beta Technologies and Bristow Group’s Norwegian subsidiary have signed a letter of intent to conduct trial cargo flights in 2025.

California startup Traverse Aero has launched a fundraising round to build and fly a full-scale demonstrator of its hybrid-electric VTOL Orca.

Signature Aviation and Eve Air Mobility have signed an agreement to jointly study requirements for advanced air mobility ground operations.

The latest news of products and services in the Advanced Air Mobility industry.

Air New Zealand is to lease an electric CX300 Alia CTOL aircraft from Beta Technologies next year for in-country familiarization ahead of all-cargo operation.

Chinese startup Zero Gravity Aircraft Industry has raised more than ¥100 million ($13.8 million) in a Series A+ financing round.