Advanced Air Mobility

The 1% weekly gain in the AAM Stock Composite came during a week when the S&P 500 traded flat.

Power-dense motors; controls from high flyers; rechargeable thermal battery; in-space refueling port.

The startup also announced a new $175 million equity raise.

The U.S. Energy Department’s research arm is studying whether it can launch a program to modify a regional jet into a flying testbed for the propulsion systems.

Joby’s first production prototype was rolled out in late June from its low-rate manufacturing facility in Marina, California.

Archer Aviation has released new details about its planned air taxi network in Los Angeles, one of the startup’s key launch cities, which it says can become operational as soon as 2026.

The flight was planned to coincide with Paris' hosting of the 2024 Summer Olympics.

The EL-2 Goldfinch is a two-seat technology demonstrator that combines hybrid-electric propulsion with a blown-lift architecture.

Constructed at Embraer’s Gavião Peixoto site in Brazil, the first Eve prototype was rolled out at a company event in July.

Beta Technologies has received FAA approval to commence dual-seat pilot training in its all-electric Alia vertical-takeoff-and-landing (VTOL) aircraft.

Aevex manufactures loitering munitions and uncrewed surface vessels in Tampa, Florida.

Archer says it is on track to complete construction of its high rate manufacturing facility in Covington, Georgia, by year’s end.

The design builds on experience from the Air One vertiport operational demonstration in Coventry, England, in April 2022.

UrbanLink Air Mobility has agreed to purchase 20 EF-12 Escape electric hydrofoil vessels from Belfast, Northern Ireland-based Artemis Technologies.

Ampaire is preparing to conduct flight tests of its Eco Caravan, a modified Cessna Grand Caravan retrofitted with a hybrid-electric powertrain, on 100% SAF.

MagniX is preparing to begin modifying a De Havilland Canada Dash 7 into a hybrid-electric propulsion testbed.

It may prove difficult to square commercial expectations with safety requirements.

The latest Jetson One V2 Mk5 frame features design tweaks to accommodate the final battery design.

A subsidiary of Chinese electric vehicle maker XPeng, AeroHT raised more than $500 million in Series A funding in October 2021.

The AAM Stock Composite collapsed 13% during the week ending Aug. 2, finishing at its lowest level of the year.

China’s battery giant CATL has agreed to invest “hundreds of millions of dollars” in AutoFlight, the Shanghai-based eVTOL aircraft developer.

Lift Aircraft has introduced the Hexa 2, the first major upgrade of its Hexa personal eVTOL since production of the single-person multicopter began in 2021.

Two startups join short list of companies that have unveiled full-scale prototype electric vertical-takeoff-and-landing vehicles.

Retaining Moya's same tiltbody electric vertical-takeoff-and-landing (eVTOL) airframe, the hybrid version increases range capability to 185 mi. while maintaining the 440-lb. payload capability.

CAeS says it is close to securing funding to support flight-testing of a hydrogen fuel cell propulsion system on a modified Britten-Norman BN-2 Islander.