Eaton, a mid-tier aerospace and defense supplier, has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Michigan and Ontario officials have unveiled a cross-border research study of commercial drones to explore whether small unmanned aircraft can be flown beyond line of sight and used for just-in-time delivery, medical transport or other small-scale deployments.
After playing out through most of 2020 and 2021 for the electric vertical takeoff and landing industry, the process of assembling memorandums of understanding, letters of intent and other expressions of interest to bolster fundraising drives is underway in other parts of the evolving advanced air mobility market.
New Zealand startup Kea Aerospace has conducted a 14 hr. 3 min. test flight of a subscale prototype as it continues development of a large, solar-powered unmanned aircraft capable of remaining aloft in the stratosphere for months.
In the first such move by a leader in the advanced air mobility market, Joby Aviation has acquired Austrian radar designer Inras to prepare for more complex, and eventually autonomous, operations of its electric urban air taxi.
Telecommunications giants AT&T and Verizon have refused a high-level U.S. government appeal to delay activating new 5G wireless networks on Jan. 5 as scheduled, offering instead to draw temporary exclusion zones around certain airports to protect against the possibility of interference with aircraft radio altimeters.
When Tavistock Development completed the master plan for its Lake Nona development in Florida, part of the vision was connectivity for the people living there—a multimodal transportation strategy that includes autonomous ground vehicles and a bicycle network within the community.
BAE Systems and Embraer are teaming up to study potential military missions for the Brazilian OEM’s Eve electric vertical takeoff and landing aircraft.
The merger values the electric air taxi developer at $2.4 billion, a price backed up by the largest conditional orderbook in the advanced air mobility market.
Archer has flown its Maker technology demonstrator, joining other leaders in the electric vertical takeoff and landing industry in flying a vehicle similar in scale to its planned urban air taxi.
The six-year-old startup, which said it reached profitability in 2020, is one of many targeting the burgeoning counter-UAS product and services market.
Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility industry to more than $5 billion.
