The AAM Stock Composite declined by more than 10% last week, its second straight double-digit weekly loss, falling to its lowest level since early January.
Joby’s S4 electric-vertical-takeoff-and-landing aircraft are scheduled to begin rolling off the final assembly line at Dayton International Airport in 2025.
Safran’s electric propulsion division has teamed with Cuberg to jointly develop aircraft energy storage systems based on the company’s high-energy lithium-metal batteries.
The U.S. Air Force’s AFWERX innovation unit plans to sign a memorandum of understanding in October with the FAA to gather flight-testing data for the regulator.
Volocopter and the Bristow Group have partnered to launch aerial mobility services with a firm order for two VoloCity air taxis and options for up to 78 more.
Extensive survey results from across the AAM industry reveal deep skepticism about the prospects for near-term passenger services and urban air mobility.
Beta's surge boosted by production readiness, strong balance sheet and clear path to market for Alia CX-300 electric conventional-takeoff-and-landing aircraft.
