A white paper outlining the benefits of advanced air mobility, created by a group of UK stakeholders, lays out an ambitious road map of actions required by 2025 if the country is to become a leader in the emerging market.
Singapore-headquartered H3 Dynamics has closed a $26 million funding round to develop hydrogen-powered unmanned aircraft for longer-range parcel and cargo delivery.
Embraer delivered 21 business jets and nine commercial aircraft during the third quarter of 2021, bringing its number of deliveries so far the year to 54 business jets and 32 commercial aircraft, the company said Oct. 21.
DHL Express plans to demonstrate the use of delivery drones for port logistics in a joint initiative with Malaysian aviation services company Pen Aviation and local cargo operator Raya Airways.
The European Space Agency and UK air navigation service provider NATS are exploring whether 5G cellular communications technology could help to provide a resilient positioning capability for uncrewed air systems.
Aircraft finance and asset management company Amedeo has entered a strategic partnership with Aura Aero that includes a letter of intent to purchase 200 of the French startup’s planned 19-seat ERA hybrid-electric regional aircraft.
Backed by Chinese electric car maker XPeng, startup HT Aero has reached agreement to raise more than $500 million to develop an integrated flying and driving vehicle.
A central tenet of Uber’s Elevate vision for urban aerial ride sharing was that this is commercial air transport—aircraft owned by airlines and flown by professional pilots plying between vertiports.
Used business aircraft prices have increased 20% to 30% due to historically low inventory and a backlog of new aircraft orders, an International Aircraft Dealers Association survey of its dealers shows.
With investors including Alaska Air Group, UP.Partners has closed a $230 million early stage venture capital fund dedicated to supporting companies enabling future mobility.
Germany’s Volocopter has partnered with Austrian commercial vehicle manufacturer Schwarzmuller to develop a mobile takeoff and landing platform for the VoloDrone electric unmanned cargo aircraft.
Reliable Robotics has raised an additional $100 million in funding to continue development of its remotely operated aircraft system for cargo and passenger aircraft.
Fuel-cell developer and green-hydrogen producer Plug Power has announced partnerships with both Airbus and startup Airflow to bring zero-emission hydrogen propulsion to aviation.
Leidos is offering the Bombardier Challenger 650 as a fleet replacement or contractor-operator service for the U.S. Army’s RC-12X Guardrail Common Sensor.
