As financial results for the publicly traded advanced air mobility companies were shared with Wall Street analysts and shareholders, the overall AAM Stock Composite stayed steady, registering a less than 1% gain over the two weeks ending Aug. 15.
The U.S. Space Council, in coordination with a variety of regulatory agencies, plans to start meeting with private space companies to discuss reforming space regulation to accommodate new technologies.
Joby Aviation has signed a revised certification basis for its tiltprop S4 after the FAA changed direction of certifying electric vertical takeoff and landing aircraft, and says it is still on track to launch air taxi operations in 2024.
Archer Aviation’s production electric air taxi, called the Midnight, is being designed to fly 45 back-to-back 20-mi. missions a day with a pilot and four passengers and a 10-min. recharge between flights, at prices comparable to ground ride-sharing, the startup has revealed.
Capella Space’s third generation of synthetic aperture radar satellites, named Acadia, will feature inter-satellite laser communications systems, faster downlinks and higher resolution images.
Cranfield Aerospace Solutions has announced two new investors as it continues to work toward flying a hydrogen fuel cell-powered nine-seat demonstrator.
