Of the five electric air taxi developers that have been involved in going-public mergers with blank-check companies, only two are following the tried-and-tested aerospace business model of manufacturing, selling and supporting their aircraft.
Investment in advanced air mobility OEMs should cross over the $6 billion mark upon completion of Eve UAM’s merger with special purpose acquisition company Zanite Acquisition.
Joby Aviation has begun building the first production prototype for certification flight testing of its S4 electric vertical takeoff and landing air taxi.
A UK consortium led by Embraer company Eve UAM has completed a concept of operations for urban air mobility in London that identifies the near-term challenges and actions required to enable electric air taxi service.
Japanese commercial UAV company Terra Drone has raised $70 million in Series B venture capital from local investors and will apply the funds toward a drone air traffic management service.
Volocopter has taken another step toward its goal of operating a commercial electric air taxi service during the 2024 Paris Olympics by conducting a series of test flights in France to measure its aircraft’s acoustic signature.
Japanese automaker Suzuki Motor is looking at adding electric air taxis to its lineup of compact cars and motorcycles and targeting markets such as India through a partnership with Tokyo-based startup SkyDrive.
No one has made a piloted flight of a full-scale, type-design-conforming electric aircraft that has included a vertical takeoff and landing and demonstrated the design payload and range.
With the goal of being able to develop tourism sustainably, Air Greenland has partnered with lessor Avolon to explore the potential for zero-emission domestic air travel using Vertical Aerospace’s VX4 electric air taxi.
Rome airport operator Aeroporti di Roma (ADR) and Italian high-speed rail operator FS Italiane are to build a vertiport at Roma Termini, Rome’s biggest train station, and identify locations for future network expansion.
With Eve UAM planning to go public in the second quarter through a merger with blank check company Zanite Acquisitions, the Embraer spinoff has secured its first post-merger investor.
Eve Urban Air Mobility Solutions continues to lead the emerging orderbook for advanced air mobility, with agreements for 1,785 aircraft of a total 9,277 for the industry.
New Jersey authorities are seeking proposals from companies interested in developing a 400-acre parcel at Atlantic City International Airport for aviation facilities.
Archer Aviation has conducted wind tunnel tests of the propulsion units for its electric vertical takeoff and landing air taxi as it progresses toward the preliminary design review for its production aircraft.
