Unmanned cargo-aircraft startup Elroy Air has partnered with humanitarian transport operator AYR Logistics to develop an autonomous aerial-delivery service.
Archer, Joby and Lilium together spent almost $132 million in the third quarter on development of their electric vertical takeoff and landing air taxis.
According to Aviation Week Network's recently released 2022 Military Aviation Fleet & MRO Forecast, there will be 14,254 new build military aircraft worth $768 billion delivered over the next 10 years with MRO demand set to exceed $1.1 trillion over the same period. With the global fleet of military aircraft set to continue to grow over the decade, gain insight into the key market dynamics and discover where the main opportunities are in the global market with a sample of the 2022 data and commentary by Aviation Week Network’s trusted editors and analysts.
Deliveries are expected to have started by the end of 2023 following first flight, while Aeroter hopes to achieve EASA certification for the type in 2024.
The new unit is independent from the OEM, which was deemed necessary to give Airbus Urban Mobility the nimbleness to react in the dynamic advanced air mobility market.
Satellite servicing startup Astroscale has unveiled a docking plate it hopes will become standard on all future low Earth orbit satellites to enable their capture and removal from orbit.
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.