Advanced Air Mobility

The company expects the first use cases to be aerial work.

Uncrewed helicopter manufacturer and aerial intelligence company SwissDrones has secured $10 million in Series B funding.

The AAM Stock Composite dropped 2.7% last week, compared to a 1.9% increase in the S&P 500.

The company is now “cleaning up” the study so that it can be peer reviewed and released publicly by the Energy Department.

The fly-off is intended to lead to a follow-on engineering and manufacturing development phase and initial production.

Archer Aviation CEO Adam Goldstein recently made a bold prediction about the potential for urban air mobility (UAM) in India.

Lilium is in advanced discussions with the French government for subsidies and loan guarantees.

Archer expects to make the first transition of its full-scale Midnight prototype in the coming months, marking a key milestone in development of its air taxi.

Brazilian helicopter operator Helisul has acquired Chilean counterpart Ecocopter to form one of the largest rotary-wing operators in Latin America.

Infrastructure startup Urban-Air Port believes use of its Vertical Airfield concept could help unlock new efficiency for the advanced air mobility industry.

Archer Aviation has finished building its battery pack manufacturing line in San Jose, California.

Joby continues to advance toward type certification, submitting test plans for its S4 air taxi, while continuing with certification tests of components.

Volare, the sales, management, maintenance and charter provider to be the launch customer for the Lilium Jet, expects to receive 10 aircraft by mid-2026.

Embraer spinoff Eve Air Mobility says it is on track to complete assembly of its first full-scale prototype before the end of the second quarter.

Lilium plans to sell 20 Lilium Jets to startup airline UrbanLink for use in regional air mobility services across South Florida.

Chevron Pipe Line and American Aerospace Technologies won a waiver from the FAA to conduct Beyond Visual Line of Sight flights of a drone to inspect pipelines.

The CEO of Lilium says the company may have to leave Germany if it cannot secure government funding for development and certification of its Lilium Jet.

A consortium led by H2Fly has received German government funding to develop a 350-kW hydrogen fuel cell system designed for commercial aircraft applications.

Skyports Infrastructure and the government of Ras Al Khaimah have agreed to develop a vertiport network to facilitate air-taxi services beginning in 2027.

The following items contain news of various AAM companies and organizations.

Wichita State University’s National Institute for Aviation Research is adding a facility to enable tethered flight testing of eVTOL aircraft.

A subscale flight demonstrator of distributed electric propulsion for large passenger aircraft has made its remotely piloted first flight.

The AAM Stock Composite was little changed during the week ended May 3, declining by around 1%, while the S&P 500 ticked up 0.5%.

U.S. electric seaglider startup Regent has partnered with sustainable- and maritime-aircraft lessor Monte to offer leasing options for the Viceroy seaglider.

Australian vertiport startup boss Skyportz has been working to assemble the elements needed to enable an advanced air mobility (AAM) ecosystem in its home country.