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EHang post positive Q2 2024 financial result

EHang post positive Q2 2024 financial result

EHang's Q2 2024 financial results showcase impressive growth and progress in the emerging urban air mobility (UAM) market, positioning the company as a frontrunner in the eVTOL industry. The company's performance and strategic developments paint a promising picture for its future.
Jumpstart your AAM  career: The Ultimate Guide to Vertiport Design and Operations Training 2024

AAM Advanced Air mobility training: Advanced Air mobility and Vertiport Design and Operations educational programs 2024

The rapid development of the advanced air mobility (AAM) industry is fueling a growing need for specialized training in vertiport design and operations. As electric vertical takeoff and landing (eVTOL) aircraft move closer to commercial reality, the supporting ground infrastructure must be carefully planned and built to enable safe, efficient passenger services. This has led several universities, companies, and organizations to establish new educational programs to prepare professionals to master the unique challenges of vertiport development.
China Forms Low Altitude Economic Alliance.

China Forms Low Altitude Economic Alliance.

In a significant development for China's rapidly growing low-altitude economy, over 100 Chinese companies and research institutions have joined forces to form the China Low Altitude Economic Alliance. Officially established in Beijing in August 2024, the alliance aims to promote developing and implementing the low-altitude economy across cities in mainland China. The Chinese government, both at the central and local levels, is heavily promoting the development of the low-altitude economy.

Archer Aviation's Electric eVTOL Air Taxi Network to Transform Los Angeles Transportation.

Archer Aviation's Electric eVTOL Air Taxi Network to Transform Los Angeles Transportation.

As Los Angeles gears up to host a series of major sporting events, including the 2026 World Cup, the 2027 Super Bowl, and the 2028 Summer Olympics, Archer Aviation is preparing to launch a groundbreaking urban air mobility network that promises to redefine transportation in one of the world's most congested cities.
Lyte LA-44 SkyBus: Next-Generation Regional Aviation aircraft with Hydrogen-Electric VTOL Technology

Lyte LA-44 SkyBus: Next-Generation Regional Aviation aircraft with Hydrogen-Electric VTOL Technology

A groundbreaking aircraft is poised to remake regional transportation in the rapidly evolving aviation landscape. The Lyte Aviation LA-44 SkyBus, a 40-seat electric Vertical Take-Off and Landing (eVTOL) aircraft, represents a bold step towards sustainable, efficient, and flexible air travel. By combining innovative design with cutting-edge hydrogen-electric propulsion, the LA-44 aims to bridge the gap between traditional commuter aircraft and the emerging world of urban air mobility.
Minnesota Approves Jetsons Law. Legislation regulating flying cars

Minnesota Approves Jetsons Law. Legislation regulating flying cars

Minnesota has become the second state in the U.S. to enact legislation regulating flying cars, following New Hampshire's lead with the passage of its "Jetsons Law," which will take effect on August 1, 2024. This new law establishes a framework for registering and operating "roadable aircraft," paving the way for a potential future where vehicles can transition seamlessly between road and sky.
EHang Delivers First Batch of EH216-S eVTOL Aircraft and Completes Debut Passenger-Carrying Flights in Taiyuan

EHang Delivers First Batch of EH216-S eVTOL Aircraft and Completes Debut Passenger-Carrying Flights in Taiyuan

GUANGZHOU, China, July 29, 2024 – EHang Holdings Limited (Nasdaq: EH), a leader in urban air mobility (UAM) technology, announced the delivery of the first batch of 10 EH216-S pilotless electric vertical takeoff and landing (eVTOL) aircraft to Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (Xishan Tourism). The delivery was completed, and the debut passenger-carrying flights took place in Taiyuan, Shanxi, on July 28, 2024.
Advanced Air Mobility: Billion dollar Market Potential

Advanced Air Mobility: Billion dollar Market Potential

 
Advanced Air Mobility (AAM) represents a major shift in air transportation, leveraging cutting-edge technologies to revolutionize how we move people and goods. The Advanced Air Mobility (AAM) industry is poised for remarkable growth, with market projections suggesting substantial valuations. Numerous business segments within the AAM sector offer exciting and potentially lucrative investment opportunities for forward-thinking entrepreneurs and investors.
https://businessaviation.aero/evtol-news-and-electric-aircraft-news/advanced-air-mobility/the-low-altitude-economy-explained-the-dramatic-transformation-of-urban-air-space

Advanced Air Mobility (AAM) Announcements at the 2024 Farnborough Air Show

FARNBOROUGH, U.K., July 23, 2024 – The ongoing 2024 Farnborough Air Show highlights significant advancements in eVTOL technology and strategic commitments to developing the necessary infrastructure and market for these innovative aircraft. The overall order flow for eVTOLs at the Farnborough Air Show was described as tepid. The emphasis was more on showcasing new technologies and forming strategic partnerships rather than announcing large-scale orders.
The Low-Altitude Economy Explained: The dramatic Transformation of urban air space

The Low-Altitude Economy Explained: The dramatic Transformation of urban air space

The term "low-altitude economy" originated in China and refers to the economic activities and industries centered around civil manned and unmanned aerial vehicles operating at low altitudes, typically below 1000 meters. This emerging sector encompasses various activities utilizing UAVs (Unmanned Aerial Vehicles), eVTOLs (electric Vertical Take-Off and Landing aircraft), and other low-altitude flying vehicles for various applications.
Advanced Air Mobility (AAM) Careers Guide: Opportunities in the Future of Flight

Advanced Air Mobility (AAM) Careers Guide: Opportunities in the Future of Flight

The Advanced Air Mobility (AAM) industry is revolutionizing urban transportation with electric vertical takeoff and landing (eVTOL) aircraft. As companies like Joby Aviation, Archer, Lilium, and Volocopter work towards launching commercial air taxi services, the demand for skilled professionals across various disciplines is rapidly growing. This guide explores the most promising career opportunities in the AAM sector.

The Moller SkyCare: A Visionary idea That Inspired the eVTOL Revolution

The Moller SkyCare: A Visionary idea That Inspired the eVTOL Revolution

The Moller Skycar, the brainchild of Canadian inventor Paul Moller, is a testament to the enduring dream of personal flight. It represents one of the earliest and most ambitious attempts to create a personal flying vehicle with vertical takeoff and landing (VTOL) capabilities. Conceived in the 1960s, the Skycar's journey is a fascinating tale of innovation, perseverance, and the relentless pursuit of a dream that paved the way for modern electric VTOL (eVTOL) aircraft despite its ultimate commercial failure.
Zero-Emission Flight  Joby Aviation's Hydrogen eVTOL and the Future of Urban Air Mobility

Zero-Emission Flight:  Joby Aviation's Hydrogen eVTOL and the Future of Urban Air Mobility

Joby Aviation has achieved a significant milestone in the eVTOL aircraft market by flying its hydrogen-electric air taxi demonstrator, the S4, for 523 miles. This feat showcases the potential of hydrogen propulsion to extend the range and capabilities of urban air mobility solutions into regional travel. This breakthrough, supported by the U.S. Air Force's Agility Prime program, underscores the growing trend towards hydrogen-electric systems, which promise zero-emission, long-range flight options and could revolutionize the aviation industry.
Airbus trials electric engines to power the future of flight

Airbus trials electric engines to power the future of flight

Airbus is leading aviation innovation with its pioneering HyPower and ZEROe initiatives. These programs aim to revolutionize aircraft efficiency and sustainability by developing hydrogen-powered and hybrid-electric propulsion systems. These ambitious initiatives focus on replacing traditional auxiliary power units (APUs) with cutting-edge hydrogen fuel cells, advancing hybrid-electric propulsion technology, and overcoming the challenges associated with hydrogen storage and infrastructure.