The overall AAM Stock Composite stopped the declines of the past three weeks, finishing with a right at 1% increase for the five-day period ending July 11 compared to the week prior.
Universal Hydrogen has inaugurated its European engineering design center and headquarters at Toulouse-Blagnac Airport and displayed the ATR 72-500 regional tur
Miami-based startup Doroni Aerospace has launched a second crowdfunding campaign on StartEngine, aiming to add $2 million to just more than $1 million raised in April.
German startup Nex Aero has taken the wraps off plans to develop a longer range electric vertical takeoff and landing air taxi powered by gaseous hydrogen and fuel cells.
Australia’s aviation regulator has outlined a long-term vision for the integration of drones and air taxis into the country’s aviation system, envisioning highly automated advanced air mobility by the mid-2030s.
Iris Automation and Sagetech Avionics have partnered to bring cooperative and noncooperative traffic detection and collision avoidance capabilities to drones operating beyond visual line of sight.
Overair is using prepreg carbon fiber from Toray Composite Materials to build the full-scale prototype of its Butterfly tilt-rotor electric vertical takeoff and landing air taxi.
The AeroDelft student team from Delft Technical University, the Netherlands, has flown a subscale prototype under its Project Phoenix to convert a light general aviation aircraft to liquid-hydrogen propulsion.
Vertical Aerospace has partnered with Taiwan’s E-One Moli Energy to supply lithium-ion battery cells for its VX4 electric vertical takeoff and landing air taxi.
Midway through 2022, the priority for advanced air mobility companies is on certifying aircraft, but just as important is sizing the future market and where the vehicles will be located.
It was another tough week for the Advanced Air Mobility Stock Composite, with the index falling to $40 for the week ending July 1, down from $43.08 a week ago.
The partners in a project to convert the Cessna Caravan to electric propulsion have formed a new company to develop and offer battery-electric and hydrogen-electric powertrain retrofits for a range of turboprop commuter aircraft.
UK electric propulsion startup Evolito has acquired battery developer Electroflight, expanding its business to encompass motors, controllers and energy storage systems.
Researchers at Embry-Riddle Aeronautical University have received a $371,000 grant from the FAA for a study to inform the development of standards and requirements for the accuracy of detect-and-avoid systems for uncrewed aircraft systems.
Electric short takeoff and landing aircraft developer Electra believes a 500-600 kW turbogenerator will allow its in-development nine-passenger aircraft to fly 30% more fuel efficiently that a similar-sized aircraft.
More details of the architecture of the Lilium Jet electric regional air taxi have emerged as the German startup has named Astronics to develop the power distribution system.
