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.
The Advanced Air Mobility Stock Composite remained in positive territory for the 10-day period ending Aug. 8, with Archer, Joby, Markforged and Workhorse recording improvements in their per-share pricing for the 10-day period.
Pursuing higher speed and longer range for regional air mobility, Canadian startup Horizon Aircraft is preparing to fly a 50%-scale model of its planned Cavorite X5 hybrid-electric vertical takeoff and landing (eVTOL) aircraft.
The potential economic and environmental benefits of new aircraft types risk being “stifled” by restrictions on airspace integration, a UK government-funded working group has warned.
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.
Hydrogen fuel cell propulsion for aviation is getting its start using automotive technology, but meeting the performance requirements of future commercial aircraft will require technology improvements across a broad range of components.
As the U.S. prepares to renew its counter-drone legislation—designed so that government agencies can protect against drones—startup Shield Counter UAS of the UK is working with vertiport and airport planners to design counter-uncrewed aircraft systems capabilities for the public sector.
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.
