Volocopter

Austrian general aviation aircraft manufacturer Diamond Aircraft is set to take over insolvent electric aircraft maker Volocopter, according to industry sources.

Talks with investors continue, but the chances of rescuing Europe’s eVTOL leaders are diminishing.

The Advanced Air Mobility Institute has named Jim Ives as new executive vice president of its board of directors.

Excluding China, the 60 largest eVTOL startups have raked in a combined total of $13 billion since their inception.

German electric aircraft startup Lilium has suspended operations and may be forced to file for insolvency again shortly.

As updates continue to fly out from advanced air mobility startups, Aviation Week editors are joined by consultant Sergio Cecutta to cut through the noise and assess where the fledgling market is at.

Airbus Helicopters CEO Bruno Even said Jan. 27 that development of the CityAirbus NextGen urban air taxi will be paused at the end of the year.

Manufacturers including Archer and Joby have pushed back against the report’s conclusions.

The sector seems more real than ever as eVTOL-makers ramp up production of full-scale aircraft.

The FAA plans to conduct additional flight testing with eVTOL OEMs as it works to develop unified performance-based design rules for vertiports and heliports.

The introduction of the downwash caution area (DCA) was the result of flight surveys of multiple prototype eVTOL aircraft for the FAA.

The divergence between the prospects of eVTOL startups in Europe and the U.S. is growing starker by the week.

Our roundup of the main aerospace and defense stories making the news this week.

Vertical said on Jan. 8 that it has completed an initial series of piloted, low-speed thrust-borne flight maneuvers.

Air taxi startups in Europe are in big trouble, calling into question the region’s future position in the growing advanced air mobility industry.

Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.

Europe’s air taxi startups have fallen behind their U.S. rivals, and the gap appears to be growing.

Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.

The AAM Reality Index evaluates companies’ likelihood of success in bringing an advanced air mobility aircraft to market.

Joby has completed its first series of flight tests as part of South Korea’s K-UAM Grand Challenge.

Germany aims to establish itself as a leading location for development and operation of drones and e-taxis. Australia also has issued an AAM strategy.

Electric vertical-takeoff-and-landing (eVTOL) air taxis have been hailed as a major breakthrough in electric aviation and urban mobility.

Multiple private and public entities across the region have aligned behind the drive to be a leader in advanced air mobility.

Texas-based Lift will license its branded fixed-location recreational eVTOL facilities to Japanese trading giant Marubeni.

Volocopter retained the top slot in the latest edition of the AAM Reality Index.