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.
Advanced Air Mobility AAM
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 (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.
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 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
- Airbus trials electric engines to power the future of flight
- Trajectory-Based Operations (TBO) Role in Air Traffic Management for AAM/UAM
- Joby Aviation's ElevateOS Receives FAA Approval: A Game-Changer for Urban Air Mobility