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Joby Aviation's acquisition of Blade Air Mobility's passenger business for up to $125 million represents a key moment in the evolution of Advanced Air Mobility (AAM) and the broader low-altitude economy. This strategic transaction brings together Joby's cutting-edge electric vertical takeoff and landing (eVTOL) technology with Blade's established urban air mobility operations, creating immediate market access and accelerating the path to commercial viability.
AutoFlight has achieved a groundbreaking milestone in the Low Altitude Economy by completing the world's first offshore oil platform cargo transport mission using a 2-ton electric vertical takeoff and landing (eVTOL) aircraft. The operation demonstrates the commercial viability of heavy-lift electric aviation in challenging maritime environments and marks a significant advancement for offshore energy logistics.
China’s low-altitude economy is experiencing a moment, as homegrown manufacturers like ZeroG Aircraft Industry challenge established global players in the electric vertical takeoff and landing (eVTOL) market. With Beijing designating six pilot cities for eVTOL operations and the industry valued at nearly RMB 1 trillion in 2024, ZeroG’s three-aircraft strategy positions the Hefei-based startup at the forefront of China’s national low-altitude economy initiative.
The Federal Aviation Administration has unveiled sweeping changes to commercial drone operations that could reshape how businesses deliver packages, inspect infrastructure, and conduct aerial operations across the United States.
Hong Kong has taken a major step toward establishing itself as a leading hub for the low-altitude economy (LAE) by introducing new regulations that allow drones to carry significantly heavier payloads. The Small Unmanned Aircraft (Amendment) Order 2025, which took effect on July 18, 2025, extends the regulatory framework to cover drones weighing up to 150 kilograms, a six-fold increase from the previous 25-kilogram limit.
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