electric vertical-takeoff-and-landing (eVTOL)

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

FEAM’s new partnership with UrbanLink Air Mobility follows similar partnerships established with other advanced air mobility companies in 2024.

Dubbed the Dubai International Vertiport (DVX), the facility is to be the first of a planned network of four vertiports that Skyports will build and operate.

The licensing initiative comes after ARC announced late last year that it plans to sell off the C600 program.

The Daegu-based company has released video showing an uncrewed tethered hover test of a full-scale prototype of the two-seat HAM-III-2 in December.

A subsidiary of Chinese automaker XPeng, Aero HT’s Land Aircraft Carrier features a six-propeller electric multicopter.

The companies will also work together to develop large-area displays for next-generation cockpits with thinner, higher resolution screens.

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.

Perhaps the biggest elephant in the room: airspace integration of large numbers of AAM aircraft.

Inflync launched a pre-Series A round to fund construction of a full-scale prototype of its planned L600 Pioneer ducted-fan tiltwing hybrid-electric air taxi.

TransFuture Aviation saw the first public demo flight of its Honghu Mark1 engineering prototype, and Blue Space Aviation flew its Yunfan-2 eVTOL demonstrator.

Archer finished 2024 at $9.75, up 59% from its 2023 result of $6.14, boosted by a better than 200% share price surge that began in November.

EHang, meanwhile, continues to expand on its leading position on China’s emerging low-altitude economy.

NZAAS operates from six bases providing service across the North and South Island and in the South Pacific.

German startup Vaeridion has raised €14 million ($14.6 million) in a Series A round led by European climate investor World Fund.

Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.

The investment comes as part of a transaction that will raise up to $180 million for Vertical.

Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.

Archer has announced that construction of its high-rate manufacturing facility in Covington, Georgia, has been completed.

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

Advanced air mobility startups in China are advancing quickly as Beijing drives to establish a low-altitude economy.

Major events in aerospace and defense during 2024.

Guangzhou-based GAC unveiled the single-seat drive/fly Gove in January 2023.

KRW40 billion ($27.8 million) was invested in the facility and the designing of the center in 2022.