Negotiations are underway with consortia and companies bidding to participate in South Korea’s K-UAM Grand Challenge program, which is intended to evaluate the safety and capability of urban air mobility.
GKN Aerospace has delivered a ground-based demonstrator of a LH2 fuel system under a UK-funded research project to investigate the feasibility of using the cryogenic fuel to extend the flight endurance of a search-and-rescue UAS.
Display of the Optionally Piloted Personal Air Vehicle (OPPAV), by airframe designer and manufacturer Vessel Aerospace, was a centerpiece of the K-UAM Confex organized by Incheon International Airport.
Hans Airways has successfully completed a new round of financing which will enable it to progress plans to commence scheduled air services between Birmingham and Amritsar in India.
The move comes as Reaction continues its push in the U.S. and elsewhere to develop its pre-cooler technology for high-Mach aircraft and missiles, as well as space access vehicles.
As third-quarter financial results for advanced air mobility’s publicly held companies began rolling out, the primary message is they are on track in spending for research and development.
Delays in suppliers providing engines, avionics and interiors continue to hamper Embraer, forcing the Brazilian aerospace and defense leader to miss delivering dozens of aircraft so far in 2022.
The Blade Air Mobility technology-powered air-mobility platform posted third-quarter revenues up 125%, to $45.7 million, versus $20.3 million for the year-ago period.
Embraer posted revenue of $271.7 million in its executive aviation division, up 6% from a year ago, and reaffirmed its projection to deliver 100-110 executive jets during 2022.
DHL Express has signed an MoU with Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), during the Bahrain International Airshow 2022.