Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.
Aionics is seeking to replicate the AI approach for developing new and custom battery cell chemistries targeted at specific uses, including EVs and aviation.
French startup Ascendance Flight Technologies says it is on track to make a first flight with a piloted, prototype of its Atea eVTOL aircraft in mid-2025.
Overair Chief Commercial Officer Valerie Manning spoke to the AAM Report about her new role and shared some thoughts about the advanced air mobility sector.
The German startup’s chief executive discusses a pivot to private aviation, the need for additional funding and the company’s planned service-entry date.
Jeffrey DeCarlo, administrator of the Aeronautics Division of the Massachusetts Department of Transportation (MassDOT), has been appointed inaugural chair of the Advanced and Urban Aerial Mobility Cities and Regions Coalition of the World Economic Forum.
Advanced air mobility companies have a critical advantage over legacy aerospace business as they transition into manufacturing, according to the leader of Deloitte’s U.S. aerospace and defense consultancy.
Training systems provider CAE has added another advanced-air-mobility startup to its customer ranks with an agreement to develop the flight-simulation training devices for Joby Aviation’s electric vertical-takeoff-and-landing (eVTOL) air taxi.
Lilium has hired Andrew Strachan as its first aircraft test pilot. Strachan has 30 years of experience as a test pilot, including in the UK Royal Air Force, and he recently flew the AW101 helicopter in the James Bond film “Skyfall.”