The Advanced Air Mobility Stock Composite remained in positive territory for the 10-day period ending Aug. 8, with Archer, Joby, Markforged and Workhorse recording improvements in their per-share pricing for the 10-day period.
Pursuing higher speed and longer range for regional air mobility, Canadian startup Horizon Aircraft is preparing to fly a 50%-scale model of its planned Cavorite X5 hybrid-electric vertical takeoff and landing (eVTOL) aircraft.
The potential economic and environmental benefits of new aircraft types risk being “stifled” by restrictions on airspace integration, a UK government-funded working group has warned.
Vertical Aerospace has secured a $100 million funding line to bolster its finances as the UK startup ramps up spending on development of its VX4 electric vertical takeoff and landing air taxi.
Swiss autonomous flight startup Daedalean has established a U.S. presence as its first artificial intelligence-based avionics system moves toward FAA certification.
Hydrogen fuel cell propulsion for aviation is getting its start using automotive technology, but meeting the performance requirements of future commercial aircraft will require technology improvements across a broad range of components.
As the U.S. prepares to renew its counter-drone legislation—designed so that government agencies can protect against drones—startup Shield Counter UAS of the UK is working with vertiport and airport planners to design counter-uncrewed aircraft systems capabilities for the public sector.
Embraer’s urban air mobility spinoff Eve Holding saw cash burn accelerate in the first half of 2022 as it increased research and development (R&D) spending on its electric vertical takeoff and landing air taxi and urban air traffic management program.
Zipline has signed a Space Act Agreement with NASA to help implement “m:N operations” in which a small number of humans manage many autonomous drones or air taxis in U.S. airspace.
Since advanced air mobility initiatives took shape with the first Uber Elevate Summit, among the distinctions has been pressure for fast-paced development and certification, with promises of air taxis transporting Summer Olympics attendees as early as 2024 in Paris.
Proposed new federal legislation would renew the legal authorities already granted to U.S. agencies to protect critical infrastructure and events against rogue drones and empower the Transportation Security Administration (TSA) to “proactively” prevent drone incursions at airports.
The EU’s push for advanced air mobility has given rise to AiRMOUR, a project designed to develop tools that will help urban planners, cities, first responders, airports and ground services, and AAM vehicle operators establish emergency medical services.
For now, urban air mobility is focused on small two-four-passenger air taxis. But a UK study suggests that larger, 30-50-seat electric vertical takeoff and landing aircraft could be competitive with existing modes of public transportation while reducing emissions and congestion.
Massachusetts-based Sensata Technologies has provided prototypes of a passive fly-by-wire inceptor for eVTOL aircraft to several AAM manufacturers. Versions with 1, 2 and 3 control axes are available.
Infrastructure developer Skyports Infrastructure and AirAsia’s Advanced Air Mobility, a unit of AirAsia Aviation Group Limited, have signed a one-year letter of intent to study air taxi infrastructure development in Malaysia.
Automotive giant Volkswagen has joined the race to develop electric vertical-takeoff-and-landing aircraft, unveiling its passenger prototype July 29 with Volkswagen Group China.
Operators and manufacturers of advanced-air-mobility (AAM) solutions have several significant hurdles to overcome if they wish to win public acceptance, according to a study published late last month by the UK’s Future Flight Challenge program.
