Autonomous electric aircraft developer Pyka has closed a $37 million Series A funding round to support production of its Pelican uncrewed crop sprayer and develop a cargo version of the aircraft.
When Aviation Week’s Advanced Air Mobility Report began following the composite performance of AAM’s publicly traded stocks, it was a given that the composite would show the typical results of a startup company–in this case a group of companies.
Chinese startup TCab Tech has conducted transition flight tests with a 50%-scale demonstrator of its planned E20 electric vertical takeoff and landing air taxi.
So far, Beta Technologies and Volocopter are showing it is possible to build a billion-dollar business in advanced air mobility without the distraction of going public.
BAE Systems plans to provide energy-management components, including the battery and cabling, for the megawatt-class hybrid electric propulsion system being developed by GE Aviation under the recently awarded NASA Electrified Powertrain Flight Demonstration project.
New Zealand’s Ocean Flyer, a new company formed by the owner of small charter operator Air Napier, has placed firm deposits with U.S. startup Regent for 25 sea-skimming electric seagliders for harbor-to-harbor overwater regional transportation.
Management changes are not unusual as companies go through their different phases of growth, but Archer Aviation’s April 19 announcement that co-founder and co-CEO Adam Goldstein had been named the startup’s sole CEO came as a surprise to many.
A potential order for five electric vertical takeoff and landing aircraft by the U.S. Air Force in fiscal 2023 may not register on lists of the largest customers for the flying taxi industry, but could still have a major impact on the experimental technology.
As manufacturers progress toward type certification of their electric air taxis, preparations for production are gathering pace. And the industry leaders are taking different approaches.
As Dana Jensen, senior industrial policy analyst, keeps watch over the development of advanced air mobility vehicles and their supply chains through the lens of the U.S. Air Force Agility Prime initiative, he has a recurring thought.
Advanced air mobility’s OEMs held their positions for the April listing of the AAM Reality Index, developed by SMG Consulting in partnership with Aviation Week.
Formalizing a relationship first announced at the Paris Air Show in 2019, U.S. regional airline Cape air has signed a letter of intent (LOI) with Eviation Aircraft for the purchase of 72 Alice electric aircraft.
Zanite Acquisition has beefed up the committed funding that is backing its planned going-public merger with Eve, Embraer’s urban air mobility spinoff, as it heads into a May 6 shareholder vote on the deal.
In August 2019 I wrote in Aviation Week & Space Technology about how the electronic vertical takeoff and landing sector was a hot topic in the industry.
German energy company EnBW and aerospace research agency DLR have launched a three-year project to explore the use of cargo and passenger drones to support the maintenance of offshore wind farms.
Benefiting perhaps from steadily improving relations between China and Indonesia, EHang has secured its largest commitment to date from an Asian customer with preorders for 100 EH216 autonomous air taxis from Prestige Aviation, an Indonesian aircraft sales and management company.
The FBO division of Europe’s Luxaviation Group plans to develop ground infrastructure for future advanced air mobility (AAM) vehicles as it pursues a growth strategy based on building and acquiring new facilities.
Lift Aircraft has been awarded a Phase 3 contract by the U.S. Air Force’s Agility Prime program to continue experimentation and flight tests of its single-seat HEXA electric vertical takeoff and landing aircraft.
Hexcel has signed a letter of intent with Archer Aviation to provide high-performance carbon fiber materials for the electric vertical takeoff and landing startup’s production air taxi.
