AAM_Business

By Ben Goldstein
Swedish aircraft lessor and investment company Rockton has firmed up a letter of intent (LoI) for 40 hybrid-electric ES-30 aircraft from Heart Aerospace.
Advanced Air Mobility

By Graham Warwick, Ben Goldstein
Joby, Lilium and Archer have secured additional funding from existing investors.
Advanced Air Mobility

By Ben Goldstein
Archer Aviation has announced the establishment of a new Government Services Advisory Board, staffed by a cadre of retired military officers.
Advanced Air Mobility

By Ben Goldstein
Swiss electric seaplane startup Jekta has signed a memorandum of understanding (MOU) with Honeywell.
Advanced Air Mobility

By Ben Goldstein
The memorandum of understanding signed by the two companies establishes a cooperative framework in a number of areas.
Advanced Air Mobility

By Ben Goldstein
The hybrid CP-01 is capable of carrying six passengers or 600 kg (1,500 lb.) of cargo up to 500 km (310.6 mi.) at a cruise speed of 300 km/hr. (186.4 mph).
Advanced Air Mobility

By Graham Warwick
A relative newcomer to electric-vertical-takeoff-and-landing, the UK’s MGI Engineering is not exactly a startup.
Advanced Air Mobility

By Ben Goldstein
Joby Aviation has announced that existing shareholder Baillee Gifford will purchase an additional $180 million in newly issued shares.
Advanced Air Mobility

By Graham Warwick
Japanese drone manufacturer ACSL has entered the U.S. market.
Advanced Air Mobility

By Chen Chuanren
ST Engineering says the Veloce 60 (V60) vertical-takeoff-and-landing (VTOL) drone is in its final stage of development and nearing production.
Aircraft & Propulsion

By Ben Goldstein
German air taxi startup Lilium has announced a plan to raise up to $250 million in fresh capital.
Advanced Air Mobility

By Graham Warwick
The United Arab Emirates plans to establish a manufacturing facility for electric passenger and cargo aircraft and drones.
Advanced Air Mobility

By Graham Warwick
Brazilian helicopter operator Helisul Aviation has expanded its interest in electric-vertical-takeoff-and-landing aircraft.
Advanced Air Mobility

By Garrett Reim
Joby Aviation plans to buy “key powertrain and actuation components” from the Toyota Motor Company for its electric-vertical-takeoff-and-landing aircraft.
Advanced Air Mobility

By Steve Trimble
Taipei-based GEOSAT Aerospace and Technology Inc. and Sainte-Menehould, France-based Cavok UAS signed the agreement on April 23.
Advanced Air Mobility

By Garrett Reim
The first two Joby aircraft are expected to be delivered to Edwards AFB, California, by early 2024.
Aircraft & Propulsion

By Graham Warwick
Startup Guardian Agriculture has received FAA approval to operate its autonomous, eVTOL aerial application aircraft across the U.S.
Advanced Air Mobility

By Graham Warwick
Britten-Norman and Cranfield Aerospace Solutions have agreed to merge to create an integrated producer of zero-emission aircraft.
Aircraft & Propulsion

By Graham Warwick
MTU Aero Engines has acquired German electric motor developer eMoSys to expand its activity in electric powertrains.
Aircraft & Propulsion

By Ben Goldstein
The burgeoning regional air mobility (RAM) movement could revitalize point-to-point travel to underused airports.
Aircraft & Propulsion

By Graham Warwick
One of the premises of advanced air mobility is that it can bring improved connectivity and economic development to disadvantaged regions.
Advanced Air Mobility

By Graham Warwick
A premise of advanced air mobility is that it can bring improved connectivity and economic development to disadvantaged regions.
Advanced Air Mobility

By Ben Goldstein
The Rhode-Island-based startup also announced plans to build out a 600,000 ft.² production facility to fulfill an estimated $8 billion in customer orders.
Advanced Air Mobility

By Garrett Reim
SkyDrive has started preselling its SD-05 electric-vertical-takeoff-and-landing aircraft to private individuals.
Advanced Air Mobility

By Ben Goldstein
New Wisk CEO Brian Yutko is doubling down on his company’s bet that it can safely certify an autonomous, passenger-carrying electric air taxi this decade.
Aircraft & Propulsion