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.
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.
Europe’s Sesar 3 Joint Undertaking public-private partnership for air traffic management research has awarded grants for two projects for operational demonstrations that support the Digital European Sky vision to modernize the region’s aviation infrastructure.
Europe’s aviation safety agency on June 30 issued a proposed regulatory framework for operations of new vertical takeoff and landing-capable aircraft over cities.
Guardian Agriculture, a U.S. startup developing an autonomous crop protection aircraft, has secured a multimillion-dollar partnership with Wilbur-Ellis, a manufacturer of agriculture products and chemicals.
Australian regional airline Skytrans has partnered with local startup Stralis Aircraft to convert a 19-seat Beech 1900D turboprop to hydrogen-electric propulsion for flight trials in 2025.
China’s Duofo Group has acquired Italian ultralight helicopter manufacturer Fama Helicopters with the goal of expanding into uncrewed aircraft and electric vertical takeoff and landing vehicles.
After disruptions and delays caused by the COVID-19 pandemic, Bye Aerospace and the FAA are finalizing certification plans for the eFlyer 2 electric trainer, keeping the company on course to have the first electric aircraft certified under Part 23 Amendment 64 airworthiness regulations.
The pros and cons of the different fuel-cell types should be considered carefully for hydrogen-powered aircraft, as well as liquid-hydrogen production sites, says Bauhaus Luftfahrt, a Munich-based aviation science and technology think-tank.
Europe is extending its lead in building the regulatory foundations for advanced air mobility with the expected release this week by the European Union Aviation Safety Agency of its draft operating and licensing rules for electric vertical takeoff and landing aircraft and their pilots.
Advanced air mobility publicly held companies are staying the course for a startup industry—a roller coaster that saw the average price increase by 15.8% a week ago and then fall by 19.8% this week.
The European Commission (EC) has launched the Alliance for Zero Emission Aviation to prepare the aviation ecosystem for the entry into service of electric- and hydrogen-powered aircraft that will contribute to Europe’s goal to be climate neutral by 2050.
Paving the way for certification of its 100-kW electric propulsion system for general-aviation aircraft, Swiss startup H55 has received its design organization approval from the European Union Aviation Safety Agency.
Archer has restarted flight-testing of its Maker technology demonstrator, but has significant ground to cover to catch up with its closest rivals in the electric vertical-takeoff-and-landing industry.
Spanish unmanned-aircraft manufacturer Umiles has unveiled a concept prototype of an electric air-taxi and its design for a piloted two-passenger production aircraft, the Integrity3. A single-seat design, but remotely piloted, the prototype is planned to fly mid-year.
Rolls-Royce has revealed it is developing an all-new turbogenerator for use in advanced-air-mobility applications including primary propulsion for electric short-takeoff-and landing aircraft and extending the range of electric vertical-takeoff-and-landing vehicles.
