Aviation Week’s Advanced Air Mobility Report to date has covered the projects and companies that are staking ground in a market that they, themselves, are creating.
Israel’s Urban Aeronautics has secured an initial $10 million of the at least $100 million it needs to raise through a Series A funding round to support development of the CityHawk vertical-takeoff air taxi.
Beta Technologies has selected Canada’s CAE to develop the pilot and maintenance training program for the Alia electric vertical-takeoff-and-landing aircraft.
Shareholders in Atlas Crest Investment approved the blank-check company’s reverse merger with urban air mobility startup Archer Aviation in a Sept. 14 vote.
The grant supports an A$8 million program that will run to December 2023 which involves development and optimization of a quiet, efficient and lightweight propulsion system that increases the range and reduces the noise and cost of the Vertiia.