Advanced Air Mobility

TransFuture Aviation saw the first public demo flight of its Honghu Mark1 engineering prototype, and Blue Space Aviation flew its Yunfan-2 eVTOL demonstrator.

Royal NLR plans to convert its Velis Electro battery-powered research aircraft for crewed flight testing of fuel-cell propulsion using liquid hydrogen.

The Liaoning General Aviation Academy's electric RX4E has received Chinese type certification to the equivalent of the FAA’s Part 23 airworthiness regulations.

Archer finished 2024 at $9.75, up 59% from its 2023 result of $6.14, boosted by a better than 200% share price surge that began in November.

The partnership aims to revolutionize air travel in India by introducing seven-seat electric flying taxis.

The group of investors seeking to take over electric aircraft manufacturer Lilium plans to invest more than €200 million into the insolvent company.

EHang, meanwhile, continues to expand on its leading position on China’s emerging low-altitude economy.

Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.

NZAAS operates from six bases providing service across the North and South Island and in the South Pacific.

German startup Vaeridion has raised €14 million ($14.6 million) in a Series A round led by European climate investor World Fund.

Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.

The investment comes as part of a transaction that will raise up to $180 million for Vertical.

Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.

Archer has announced that construction of its high-rate manufacturing facility in Covington, Georgia, has been completed.

Europe’s air taxi startups have fallen behind their U.S. rivals, and the gap appears to be growing.

Advanced air mobility startups in China are advancing quickly as Beijing drives to establish a low-altitude economy.

SkyDrive and Osaka Metro Co. have announced four planned vertiport locations for the SD-05 eVTOL aircraft within the greater Osaka area.

Guangzhou-based GAC unveiled the single-seat drive/fly Gove in January 2023.

Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.

Clean Aviation is studying different approaches to hybridizing regional aircraft to reduce fuel burn and emissions.

KRW40 billion ($27.8 million) was invested in the facility and the designing of the center in 2022.

Quantum computing challenge winners; Electric aircraft familiarization; Large cargo eVTOL; Zero-emission test arena.

FAA Administrator Michael Whitaker has announced his intention to depart the agency at the end of President Joe Biden’s term.

AFWERX does not have any specific requirements, a program of record, or impending contracts for hybrid eVTOLs.

The AAM Reality Index evaluates companies’ likelihood of success in bringing an advanced air mobility aircraft to market.