Advanced air mobility companies have a critical advantage over legacy aerospace business as they transition into manufacturing, according to the leader of Deloitte’s U.S. aerospace and defense consultancy.
Lilium has completed the preliminary design review for its seven-seat electric air taxi, finalizing changes intended to extend the range that can be extracted from the Lilium Jet’s battery system.
As it prepares to launch its Airspeeder racing series, Australia’s Alauda Aeronautics says it plans to develop a supercar-style high-performance eVTOL vehicle for private owners.
Delivery drone operator Zipline has developed an acoustic detect-and-avoid system to enable autonomous long-range flights in complex as well as uncontrolled airspace.
Mangata Networks, a satellite-based connectivity, plans to showcase its initial network in early 2023, potentially launch eight highly elliptical-orbit satellites that year and then inaugurate service in 2024 for the Northern Hemisphere.
Shield AI, an artificial intelligence startup targeting the aerospace and defense market, announced on June 9 it had garnered $90 million in private-equity issuance and $75 million in new debt as part of a Series E fund-raising round.
Tier 1 Engineering has begun flying its electric Robinson R44 helicopter with the 350-kW MagniX magni350 electric propulsion unit planned for the production conversion.
Chinese startup AutoFlight has continued its rapid progress toward developing the Prosperity 1 electric vertical-takeoff-and-landing air taxi, flying a second full-scale proof-of-concept aircraft that incorporates design refinements.
