Disruptive innovation by startups could play a key role in enabling a sustainable future for aviation, but the sector is barely being considered by investors, the Hamburg-based Sustainable Aero Lab says.
Overair, Inc. joins the list of companies the Advanced Air Mobile Report includes in company profiles and vehicle specifications with its Butterfly tiltrotor.
As it prepares to launch its third and final phase, the UK’s Future Flight Challenge has unveiled its vision for air travel in 2030 and ambitious targets for real-world demonstrations to be completed in 2024.
Embraer has begun flight testing an electric propulsion demonstrator as it targets the introduction of its first all-electric aircraft, the Eve urban air taxi, in 2026.
It was a week of ups and downs for the urban air mobility (UAM) industry, illustrating the turbulence roiling the nascent market as companies jockey for leading positions.
Infrastructure investment manager Foresight Group LPP will place £4.75 million ($6.6 million) in aviation research and development firm Callen-Lenz Associates Ltd.
Opener’s BlackFly might start its life as a toy for the affluent early adopter, as did the Ski-Doo and the Sea-Doo, but its designer believes the single-seat electric vertical-takeoff vehicle will ultimately find multiple practical uses.
With an autonomous electric aircraft already in production and operation, U.S. startup Pyka has unveiled plans to develop a larger aircraft for the regional cargo and passenger markets.
Africa has emerged as a proving ground for drone delivery, headlined by Zipline’s large-scale on-demand medical delivery networks in Rwanda, Ghana and now Nigeria. Now the continent is turning its attention to urban air mobility.
Joby Aviation has begun trading on the New York Stock Exchange, a milestone on its 15-year journey to launch commercial aerial ridesharing services in the U.S. in 2024.
Over the course of the last five years, the world of advanced air mobility has marched from seeming fiction into reality, with at least one of the original pioneers shifting off center stage into the wings to focus on core competencies.
With analysts projecting that express logistics will be an early and potential large market for electric aircraft, U.S. autonomous cargo aircraft developer Elroy Air has completed a $40 million Series A funding round.
The Japanese startup that won the Pratt & Whitney Disruptor Award at the 2020 GoFly Prize event has unveiled its first product, a single-seat electric vertical-takeoff-and-landing vehicle it plans to offer as a kit-built experimental aircraft beginning in 2022.
Air medical helicopter operator Air Methods has announced a collaboration with German drone manufacturer Wingcopter to develop a drone delivery network for medical supplies.
