Advanced Air Mobility

Financial analysis firm Jefferies is the first to recommend a “buy” rating on an advanced air mobility stock, citing a $7.30 price target for Eve Holding versus its current price, $6.75.

As Farnborough bursts back onto the global events scene, advanced air mobility—a market that has gained in prominence over the pandemic—is high on the agenda.

The UK has announced a series of investment package to further its green aviation agenda.

In 2011, a team led by L-3 Communications demonstrated electric taxiing at Frankfurt Airport with a Lufthansa Airbus A320.

Changes in the funding environment for advanced air mobility startups come at a time when the companies are entering the most expensive phase of their existence.

Vertical Aerospace and Babcock International are exploring application of the VX4 electric vertical takeoff and landing air taxi to emergency medical services and cargo transportation.

The Raytheon companies are developing a hybrid-electric technology demonstrator program.

The application will allow Joby’s U.S.-based certification to be concurrently validated by the UK’s Civil Aviation Authority, accelerating access to the British market.

Test flights using Vertical's VX4 are planned for spring 2024.

Eve has unveiled a mock-up of the proposed cabin and shared a revised external configuration.

Jeffrey DeCarlo, administrator of the Aeronautics Division of the Massachusetts Department of Transportation (MassDOT), has been appointed inaugural chair of the Advanced and Urban Aerial Mobility Cities and Regions Coalition of the World Economic Forum.

The World Economic Forum has launched the Advanced and Urban Aerial Mobility Cities and Regions Coalition.

Conferences and events for professionals in the advanced air mobile community.

Does the luxury lifestyle market have a role to play in advanced air mobility? Perhaps, based on two new agreements, although the companies involved are far from leaders in the nascent industry.

German start-up carrier Evia Aero has signed a letter of intent with Cranfield Aerospace Solutions (CAeS) to buy 10 conversion kits that will enable nine-seat Britten Norman Islander aircraft to fly regional routes in northern Europe on hydrogen.

The airline has committed to pre-delivery payments for its first 50 Vertical Aerospace VX4 air taxis.

A UAS operations veteran sees the health care industry as an early opportunity for AAM.

High-definition 3D maps could pave way for soldier-robot teams.

Lockheed Martin’s rapid prototyping division defines new concept for collaboration between crewed and uncrewed combat aircraft.

Boston-based autonomous flight startup Merlin Labs has completed a $105 million Series B round, bringing the total funding raised so far to $130 million.

The UK, with orders for 650 advanced air mobility vehicles, leads the emerging AAM market in Europe in terms of aircraft ordered.

Global commercial helicopter operator Bristow Group has signed a letter of intent with Elroy Air to order up to 100 Chaparral hybrid-electric vertical takeoff and landing uncrewed cargo aircraft for logistics, health care and energy markets.

Germany’s Elektra Solar has begun flight testing its two-seat electric ultralight Elektra Trainer.

Israeli startup AIR has conducted the first hover tests with a full-scale prototype of its AIR One personal electric vertical takeoff and landing vehicle.

French hybrid-electric aircraft startup VoltAero has called for increased coordination among European airworthiness authorities on recognition for experimental aircraft to facilitate the demonstration of electric aircraft across borders.