AAM startup Ascendance gets $22.6 million for its ATEA VTOL

Ascendance VTOL AAM

French advanced air mobility (AAM) startup Ascendance Flight Technology says it is revving up its push to finalize the prototype of its ATEA hybrid vertical takeoff and landing (VTOL) plane, thanks to  new investment of €21 million ($22.6 million).  Toulouse-based Ascendance said it had raised the new financing from existing backers and several new investors including Bpifrance, a public-private fund that supports France’s most…

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AIRTAXI World Congress to gather AAM sector in San Francisco

UK-based Global Travel Investments Limited has announced the program for its fourth AIRTAXI World Congress, which this year will be bringing together the main players in advanced air mobility (AAM) craft, infrastructure, tech, and investment activity in San Francisco – home to several leading next-generation electric aircraft developers.

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White House tables priorities for AAM services, like enterprise drones and eVTOL air taxis

The Biden White House has released a policy report on its priorities for developing new aviation technologies, like electric vertical takeoff and landing planes (eVTOL), autonomous drone services, air taxis, and other forms of advanced air mobility (AAM) to preserve what it says is US leadership in the aeronautical sector, “made possible by American ingenuity and bolstered by the federal government.”

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NASA AAM team prepares flight tech using Joby’s air taxi simulator

Aviation experts at NASA are preparing the tools that will be needed for safe and easy navigation of future air taxis and drone services, and to facilitate that work they’ve teamed up with advanced air mobility (AAM) aircraft developer Joby.

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Brussels Airport buys stake in DronePort UAV and AAM ecosystem

The operator of Belgium’s Brussels airport is taking another step in its involvement in and support of UAV and next generation aircraft development by acquiring a 30% stake in DronePort, a project seeking to create a full ecosystem for advanced air mobility activity (AAM).

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Volatus Infrastructure, Plana to sync vertiport construction with AAM aircraft development

US developer of vertiports Volatus Infrastructure is teaming up with South Korean advanced air mobility (AAM) plane developer Plana in an effort to close what appears to be a significant gap in preparing for next-generation aircraft services: having necessary ground assets set up and operating by the time air taxis are ready to begin transporting passengers.

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