AAM_Business

Opening of the facility is a public sign of the progress being made by electric-aircraft startup Beta Technologies

GKN Aerospace will provide the electrical wiring system for the hybrid-electric flight demonstrator under development by Pratt & Whitney Canada.

H55 has secured almost $50 million from investors including RTX Ventures for infrastructure at plants in Switzerland and Montreal and a subsidiary in Toulouse.

When Daniel Schubeler began working on electric ducted fans in 1997, the technology was in a nascent stage.

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.

SkyDrive and JAXA have signed a joint research agreement devoted to improving noise-estimation technology for electric vertical-takeoff-and-landing aircraft

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.

Walmart expects to add Wing to its growing drone delivery network, with plans to launch service at two stores in the Dallas-Fort Worth area.

The FAA has authorized UPS Flight Forward to operate drones beyond visual light of sight for small package delivery.

Bristow Group has secured early delivery slots for five of U.S. startup Elroy Air’s Chaparral hybrid-electric VTOL cargo aircraft.

News of current developments within the field of Advanced Air Mobility.

The AAM Stock Composite followed equity markets higher during the week ending Sept. 1, rallying 6.5% compared to a 1.8% rise in the S&P 500.

Zero Gravity Aircraft Industry has raised almost $14 million to fund development and flight testing of its ZG-T6 six-seat tiltrotor eVTOL aircraft

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.

The two companies’ eVTOL lawsuits have been dropped before they went to trial.

Shortt joined Textron Aviation 27 years ago.

The report from Ark–an existing shareholder in both Archer and Joby Aviation–comes amid ongoing industry debate.

Canadian startup Horizon Aircraft plans to list publicly through a merger with a Hawaii-based blank-check company.

The designers behind the SoloTrek, a backpack-style personal air vehicle first flown in 2001, have entered the eVTOL market.

The advanced air mobility market is at a critical juncture—and the hard work is just beginning.

The advanced air mobility market is at a critical juncture—and the hard work is just beginning.

Five of the six publicly traded electric-vertical-takeoff-and-landing (eVTOL) startups have reported their financial results for the 2023 second quarter (Q2).

Swiss startup Dufour Aerospace is planning to deliver a prototype Aero2 tiltwing uncrewed aircraft to launch customer Spright.

Another eVTOL technology demonstrator crashes during flight testing. Should the industry be worried?