AAM_Business

Skyports Drone Services has announced the successful completion of a four-week drone delivery trial.

Startup Transcend Air has redesigned its turbine-powered tiltwing VTOL aircraft and is working to raise the funds required to build a proof-of-concept vehicle.

Nikhil Goel helped establish the vision of urban air mobility (UAM) that has since captured the imaginations of entrepreneurs and investors around the world.

Britain’s Orkney Islands are set to become the first region of the UK to have an uncrewed aircraft system mail delivery service.

The award is similar to one received by Joby Aviation in April to deliver and operate up to nine of its S4 eVTOL aircraft for the U.S. Air Force.

Aerofugia is a subsidiary of Chinese carmaker Geely.

U.S. startup Electra.aero has secured an investment from Statkraft Ventures, a fund that specializes in energy transition and clean technology.

Colorado-based vertical-takeoff-and-landing (VTOL) startup XTI Aircraft has announced a reverse merger with real-time location services provider Inpixon.

United says it is exploring options to move its Aviate pilot training academy to electric-powered aircraft and away from internal combustion.

Japanese air taxi startup SkyDrive has announced a pair of new orders from customers in Vietnam and the U.S.

Eve Air Mobility and its parent company Embraer have announced the selection of the first air taxi manufacturing plant in Brazil, located in the city of Taubate in Sao Paulo state.

Having received U.S. FAA approval for their continuous autopilot system certification plan, Reliable Robotics says it will now shift to testing and validation.

Co-Lektiv was formed as a single customer-facing organization in November 2021 by Aria Group, KTM Technologies and Pankl.

Plana will deliver 10 of its CP-01 aircraft to Hi-Air beginning in 2031.

That new funding was widely expected.

The partnership will see EHang launch air taxi tourism and sightseeing services with the autonomous, two-passenger EH216-S multicopter.

Lilium CEO Klaus Roewe spoke with the AAM Report on the sidelines of the 2023 Paris Airshow to talk about Lilium's recent string of positive developments.

Tier 1 aerostructures supplier GKN Aerospace is leaning into the advanced air mobility industry.

Gross proceeds from the private placement will be used by the Guangzhou-based startup for working capital and general corporate purposes.

Norwegian drone logistics startup Aviant has launched its Kyte home delivery service in Norway.

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.

VoltAero has selected Avidyne’s Quantum open flight deck avionics system for its hybrid-electric Cassio.

Joby Aviation and Lilium have both marked new progress toward meeting key goals on their paths to type certification and commercialization.

Cranfield Aerospace Solutions and Britten-Norman outline a multiphase plan to develop clean-sheet aircraft with up to 100 seats using fuel-cell propulsion.

Swiss startup Jekta has announced an order for up to 50 PHA-ZE 100 electric seaplanes from Indian operator Mehair.