Volocopter has received a first tranche of $170 million in Series E financing, with additional investment in the pipeline as the German electric vertical takeoff and landing startup works toward launching urban air taxi service in 2024.
U.S. startup CoFlow Jet has struck an agreement with NASA to commercialize deflected-slipstream technology that would enable an electric vertical/short takeoff and landing (eV/STOL) aircraft to transition to efficient cruise without requiring tilting mechanisms or separate lift rotors.
South Korean startup Plana has unveiled plans to develop a hybrid-electric vertical takeoff and landing air taxi with the range to enable intercity flights and service entry planned for 2028.
The Workhorse Group may have sold off its SureFly electric vertical takeoff and landing air taxi program to Moog, but the U.S. electric delivery truck maker is continuing to develop its Horsefly unmanned aircraft.
Electrifying short-range aviation in the Netherlands will be feasible by 2026, concludes a report by airport consultants NACO and national aerospace research agency Royal NLR.
Europe’s AiRMOUR research project to produce a tool kit for the introduction of urban air mobility has developed a geographical tool to help city planners “to think in three dimensions.”
Hyundai’s urban air mobility company, Supernal, is to work with Miami officials to develop policies for advanced air mobility that are designed to enable the city to serve as a model for other metropolitan areas.
As much of the aerospace and defense industry recoils from the Russian invasion of Ukraine, advanced air mobility remained a strong investment bet based not only on AAM but also on the probable uses of AAM aircraft in a military action.
Lilium is modifying the design of its electric air taxi, building a third demonstrator to accelerate flight testing and partnering with NetJets to offer the vertical takeoff Lilium Jet for private and business aviation.
Arkansas has joined the growing number of states seeking a position in advanced air mobility, forming the Arkansas Council on Future Mobility and relying heavily on mega-retailer Walmart to attract future AAM and ground mobility OEMs and businesses in their supply chains.
Indian multinational engineering services provider Tech Mahindra is collaborating with Aska on the design of the U.S. startup’s drive/fly electric vertical takeoff and landing commuter vehicle.
Beginning deployment of U-space airspace for drone operations with a few pilot regions in urban areas is a key recommendation presented by German air navigation service provider DFS and its unmanned traffic management subsidiary Droniq.
Beginning deployment of U-space airspace for drone operations with a few pilot regions in urban areas is a key recommendation presented by German air navigation service provider DFS and its unmanned traffic management subsidiary Droniq.
Airworthiness regulations with which EHang must comply to type certify its EH216 autonomous air taxi have been published by the Civil Aviation Authority of China, taking the startup a step closer to launching urban air mobility services with its self-flying vehicle.
Singapore-based private aviation charter company Yugo has signed a letter of intent with Ascendance Flight Technologies for 18 of the French startup’s planned Atea five-seat, hybrid-electric vertical takeoff and landing aircraft.
By Joe Anselmo, Graham Warwick, Richard Aboulafia, Michael Dyment
Will the AAM market grow to $50 billion a year? Listen in as Richard Aboulafia and Mike Dyment debate the merits, and Aviation Week’s Graham Warwick weighs in with his thoughts.
