Throughout the year, a wave of new electric vertical takeoff and landing (eVTOL) aircraft companies have emerged alongside more recognized, established names like AutoFlight, EHang and XPeng AeroHT. Some are newcomers, leveraging their expertise from aerospace giants, such as...

In the midst of China’s reforms to promote low-altitude economic development and accelerate technological progress, tiltrotor technology has remained a relatively minor element of the local civilian aerospace sector, primarily focused on uncrewed aircraft systems (UAS) and electric vertical...

China’s Zhejiang Wanfeng Auto Wheel Co. has agreed to acquire German eVTOL aircraft manufacturer Volocopter, which is currently involved in an insolvency process. In a stock exchange statement reported on March 10 by China Evtol News, the automotive group said that...

Urban Air Mobility (UAM) promises to transform urban transportation with air taxis and aerial vehicles, aiming to “revolutionize how we navigate congested cities. Significant challenges include meeting “stringent safety standards,” overcoming regulatory barriers and integrating advanced air traffic management systems. UAM...

Advanced air mobility companies likely need to scale to realize value. But achieving sustainable scale and profitability may require balancing three key dynamics–team, technology, and capital. Why scaling is an economic necessity As Henry Ford’s automobiles made driving a reality for...