China will likely be the first geographic region to embrace urban air mobility and will dominate the market through 2035 when the U.S. is projected to take over market leadership.
Diehl Aerospace and Thales are to work with Airbus to develop the flight control system for Airbus’ electric vertical takeoff and landing advanced air mobility platform.
When Scott Kirby, 54, took over the CEO position at United Airlines in May 2020 after four years as its president, the airline industry was in its worst-ever crisis.
Talon 1 Acquisition Corp. began trading on the Nasdaq stock exchange Nov. 4 in anticipation of a merger with an aerospace, aviation or related services company.
Two satellite giants are joining forces to further strengthen their position in airline connectivity, but also to exploit space augmentation of terrestrial 5G and communications for unmanned aerial vehicles, air taxis and delivery drones.
The ability to deliver whole blood by unmanned aircraft over long distances to medics treating traumatic injuries in the field has been demonstrated by L3Harris and Near Earth Autonomy.
Xtend, an Israeli-linked UAV operator system startup that aims to use artificial intelligence to help extend the use and range of unmanned vehicles, has raised $20 million in Series A funding, the company announced Nov. 16.
As urban air mobility leaders target congested cities such as Los Angeles as launch markets for air taxi services, efforts to secure convenient vertiport locations are accelerating.
Los Angeles-based Inversion, a space startup focusing on the return-to-Earth side of operations, has closed its $10 million seed round, the company announced Nov. 16.
When there are space-related accidents on Earth, which there will be as the space economy grows, the U.S. National Transportation Safety Board wants to be ready with codified procedures for investigating, according to a new announcement from officials.