When Dubai hosted demonstrations of both EHang and Volocopter prototypes in 2017, the largest city in the United Arab Emirates looked to be a front-runner for the introduction of urban air mobility using electric air taxis.
The U.S. Energy Department has launched its $2.6 million Hydrogen Shot Incubator Prize, a program which is aimed at finding technologies to reduce the cost of producing clean hydrogen.
Legacy aerospace consultancy Deloitte has released a white paper, “Disrupting the Future of Mobility,” that underscores the need for emerging advanced air mobility (AAM) OEMs and operators to fine-tune business models that fully outline advantages to early adopters.
The past week found U.S. stock markets on the rebound, with the Standard & Poors 500 Index and the Aviation Week AAM Stock Composite both posting gains.