Advanced Air Mobility

Founded in 2020 and headquartered in Ottobrun near Munich, ERC Systems is seeking to launch services later this decade.

Pyka and Brazil’s SLC Agricola have signed a commercial agreement for the delivery of Pyka’s Pelican Spray autonomous aerial application aircraft.

The UK regulator also struck an agreement with the European Union Aviation Safety Agency to closely cooperate on type certification.

Located on a barge in the River Seine near the Paris-Austerlitz train station, the floating platform is to be used for takeoffs and landings.

Leonardo Helicopters has tested the performance of Daedalean’s visual awareness system in flights using two helicopters.

Japanese nonprofit MASC has launched a project to commercialize advanced air mobility (AAM) in Japan’s Setouchi region.

Boundary.AI has raised almost 100 million yuan ($14 million) in pre-Series A funding.

Airbus has added more partners and a new region to its hydrogen infrastructure studies.

Developed by the Klimov division of UEC, the hybrid powerplant is based on the VK-650K.

The AAM Stock Composite rose 4% during the week ending July 5, lifted by gains in Archer and EHang.

Vertical Aerospace has dropped plans to perform flight demonstrations at the Farnborough Airshow, citing a need to prioritize its flight test program.

The same forces that led to the demise of Universal will also threaten ZeroAvia, as well as the other lesser-capitalized startups in the hydrogen space.

Hydrogen has an unusual characteristic that could be a key to its cost-effective deployment as a zero-emission fuel for aviation.

Spain’s Sener has supplied the first servo actuators to Lilium for certification testing.

The AAM Stock Composite dropped 3% during the week ending June 28.

David Stepanek is the executive VP and Chief Transformation Officer at Bristow Group.

American Airlines has signed a conditional purchase agreement with ZeroAvia for 100 hydrogen-electric engines to power regional jets.

Embraer spinoff Eve Air Mobility has secured a further $94 million in equity financing from multiple investors.

Volocopter returned to the top slot in the June edition of the AAM Reality Index with a score of 8.6/10.

Start-up zero-emissions propulsion developer Universal Hydrogen has been forced into liquidation after failing to raise additional funding.

Archer Aviation and Joby Aviation both aim to start electric air taxi services in 2025.

Our roundup of the main aerospace and defense stories making the news this week.

Timothy Eyre, Monte’s COO, discussed the company’s vision for AAM leasing and shined some light on how Monte is approaching this new business line.

The investment from MOU Switch, for an undisclosed sum, is Regent’s third major investment from a Japanese entity.

The UK’s potential market for urban air mobility and regional air mobility is huge, according to a new analysis.