It was a brutal week for the Advanced Air Mobility Stock Composite, which was down close to 40% from the average price of $51 overall on Aug. 22 to $31.15 overall for the five days ending Aug. 29.
Electric propulsion pioneer MagniX is to evaluate high energy-density lithium-sulfur and lithium metal cells from Australian advanced battery startup Li-S Energy.
UK and New Zealand companies have joined forces to develop facilities to enable aerospace companies to test liquid hydrogen fuel systems for flight certification and support the shift to sustainable aviation.
DARPA is launching a program to demonstrate a long-endurance uncrewed aircraft able to operate from warship flight decks and small austere locations in adverse weather.
U.S. startup Jetoptera plans to test a blended wing body model with integrated fluidic propulsion and upper-surface blowing as it bids to win a U.S. Air Force contract to build a prototype high-speed vertical/short takeoff and landing aircraft.
With wildfires raging across Europe, German aerospace center DLR has announced the winners of a university challenge to design an optimized fleet of firefighting aircraft, with first place going to a team from the University of Stuttgart and its hybrid-electric vertical takeoff and landing design.
Ottawa and Berlin have committed to a Canada-Germany Hydrogen Alliance to boost investment, production and transatlantic trade in hydrogen, with a goal to export clean hydrogen from Canada to Germany as soon as 2025.
The AAM Stock Composite (AAMC) fell 3.8% in the past week after staying mostly flat when some Advanced Air Mobility companies were announcing financial results.
You can imagine the frustration of Airbus’ engineers. Just hours before the company’s Zephyr high-altitude pseudo-satellite looked set to break a 60-year-old flight-duration record, the solar-powered uncrewed aircraft system was lost.
The primary story on funding in the advanced air mobility industry this month is on cash burn related to research and development, to include certification efforts.
Groupe ADP of France, Beta Technologies, UrbanV and Volatus Infrastructure join the AAM Infrastructure Index this month, bringing to nine the companies included in the index.
China’s EHang is banking on a post-pandemic recovery in tourism to fuel demand for its autonomous air vehicles and services and is talking to local governments about setting up operating centers in different regions once its EH216S electric air taxi has been certified.
Eve Holding climbed from No. 15 to No. 4 in the AAM Reality Index this month, improving its score on the 10-point scale from 7.0 in June to 7.7 in August.
As it prepares for the Atlantic hurricane season, utility Florida Power & Light has introduced a first-of-its-kind large uncrewed aircraft that will be able to survey the electric grid across the state to detect storm damage and speed repairs.
Skyports is challenging misconceptions about the development and operation of vertiports as the UK company closes a $26.1 million Series B funding round intended to consolidate its position as a leader in the advanced air mobility infrastructure market.
Textron has restarted work on the Nexus electric vertical takeoff and landing air taxi but moved the program from Bell to a new unit within its eAviation business segment focused on sustainable flight.
