Advanced Air Mobility

The German electric air-taxi startup is working to bolster its balance sheet and control costs.

The first tethered hover of the VTOL comes more than two years after the initial prototype was rolled out.

The news comes days after SkyDrive unveiled renderings of its two-seater SD-05 eVTOL aircraft.

Electra.aero conducted the first flight of its Dawn One solar-battery hybrid-electric research aircraft at its new development facility at Manassas Regional Airport in Virginia on Sept. 9.

Industry veterans agree the regional sector will serve as a proving ground for new aircraft concepts—but they do not agree on the specifics.

MintAir, a startup that plans to become an advanced air mobility operator in South Korea, has signed a letter of intent with Electra.aero to acquire 50 electric short takeoff and landing aircraft for passenger and cargo regional air mobility services.

First flight of the all-electric commuter and cargo aircraft prototype is a major milestone on the road toward the fielding of a new generation of sustainable air vehicles.

Embraer spinoff Eve Holding has signed an agreement with on-demand helicopter service provider Blade India that covers electric air taxis and urban air traffic management software.

The Federal Reserve’s meeting on Sept. 22 lived up to expectations, with the Fed increasing interest rates by three-quarters of a point, the third consecutive increase and fifth hike in 2022.

The FAA has released vertiport design standards to support the introduction of new advanced air mobility aircraft into the U.S. airspace system.

Vertical Aerospace has conducted the first tethered hover flight of the full-scale demonstrator for its VX4 electric air taxi, the startup staking the claim to be the first British company in 20 years to begin flight tests of a new aircraft.

Flights under the CORUS-XUAM project demonstrated collaborative interaction between aircraft in potential emergency situations.

Most of the attention being paid to aviation’s attempts at reducing its carbon footprint focuses on airplanes, engines and fuels.

Ferrovial Vertiports, which is working with Lilium to develop a network of vertiports in Florida for operation of Lilium Jets, is extending its partnership with infrastructure consulting firm AECOM.

Aspiring advanced air mobility (AAM) vehicle developers gathered for an event near the U.S. Capitol described their progress toward entering commercial service on a day that saw the AAM ranks thinned by one company.

Newfoundland-based startup Duxion Motors is preparing to run a subscale version of its eJet electric jet engine.

The U.S. Air Force AFWerX Agility Prime initiative has added Mayman Aerospace to the list of companies receiving support to develop new-generation vertical takeoff and landing aircraft.

Advanced air mobility startup Kittyhawk has ceased operations.

European regulators are showing support and using a new approach to rulemaking as they prepare for the emergence of urban air mobility.

Airbus and Ecocopter of Chile sign memorandum of understanding to explore and define launch scenarios for air mobility operations.

Universal Hydrogen CEO and co-founder Paul Eremenko has another project lined up toward meeting his long-held goal of transforming regional air transportation

Mako Aerospace is a Scottish startup developing an electric jet engine for small regional airliners.

Wisk envisions one “multivehicle supervisor” managing three air taxis at once from a remote location by 2030.

Embraer will acquire a minority shareholding in XMobots, Latin America’s largest drone company.

The advanced air mobility industry’s publicly traded companies in the AAM Composite showed a 7% increase in average price for the five days beginning Sept. 13 and ending Sept. 19 over the previous five-day period.