Eve Holdings, the Embraer startup, and Joby posted positive price per share for the last two weeks, as the remainder of the Advanced Air Mobility Composite Index declined.
Interest in advanced air mobility in Asia continues to strengthen, with vehicle manufacturer EHang and vertiport developer Skyports announcing new agreements in the region.
Lilium has selected Spanish aerostructures supplier Aernnova to produce the key propulsion mounting system for its Lilium Jet electric vertical takeoff and landing air taxi.
French startup VoltAero has been selected to conduct demonstration flights in the Netherlands and Germany with its Cassio 1 hybrid-electric propulsion testbed.
U.S. startup Natilus is conducting wind tunnel tests of the initial regional feeder member of its planned family of blended wing body uncrewed cargo aircraft.
Airports Council International World has released a policy brief on advanced air mobility, advocating for a seamless integration of these new entrants into airports, alongside a knowledge center on drone risk mitigation to promote safe and secure operations at airports.
Joby Aviation has received its FAA Part 135 air carrier certificate, allowing it to begin aircraft operations ahead of the planned 2024 launch of commercial air taxi service with its S4 electric vertical-takeoff-and-landing (eVTOL) vehicle.
The pressure on the nascent advanced air mobility industry to move forward on certification is growing, including the industry’s focus on attracting regulatory experts as new hires.
U.S. Sens. Alex Padilla (D-Calif.) and Jerry Moran (R-Kan.) on May 23 introduced bipartisan legislation to help communities prepare for the eventual integration of advanced air mobility (AAM) technologies.
BAE Systems has taken delivery of and is preparing flight tests for a Pipistrel Electro Velis electric-powered light aircraft as part of an arrangement with the Slovenian manufacturer. The UK defense company announced in March that it was working with Pipistrel to examine military training applications for electric aircraft. The work is continuing after Textron’s acquisition of the light aircraft manufacturer.
Volocopter has signed a memorandum of understanding with fixed-based operator Jetex to deploy and operate vertiport infrastructure and services for urban air mobility.
As Lilium wraps up the preliminary design review for its Lilium Jet, the Germany startup has released a new concept image showing the latest configuration of its electric vertical takeoff and landing regional air taxi.
Slovenian aircraft manufacturer Pipistrel, now under Textron ownership, plans to grow its workforce and accelerate development of new products, including the Nuuva hybrid-electric uncrewed cargo aircraft.
German eVTOL manufacturer Lilium has signed a formal partnership with its avionics provider Honeywell and Japanese automotive specialist DENSO to co-develop and manufacture electric motors for the Lilium Jet.
