Chinese AAM Leader Demonstrates Confidence with New UAM Facility in Hefei and Continued Progress Toward Mass Production of Passenger Drones by DRONELIFE Staff Writer Ian J. McNabb Guangzhou-based advanced air mobility company EHang recently announced that their board of directors had pproved a Share Repurchase Program, pursuant to which the Company may repurchase up to … [Read more...] about EHang Announces $30 Million Share Repurchase Program Amid Major Advancements in Urban Air Mobility
Urban Air Mobility
Lilium Embarks on Restructuring and New Investment Efforts
KPMG to Lead M&A Process; Insolvency Filings Approved for German Subsidiaries Lilium N.V.,(Nasdaq: LILM) a developer of electric aircraft for Regional Air Mobility (RAM), recently announced it has engaged KPMG to oversee a structured and open M&A process. The Local Court of Weilheim approved insolvency filings for Lilium's German subsidiaries, granting the company’s … [Read more...] about Lilium Embarks on Restructuring and New Investment Efforts
LIFT Japan Set to Launch eVTOL Flight Experiences at Expo 2025
Marubeni Aerospace Partners with LIFT Aircraft to Bring HEXA eVTOL to Japan LIFT Aircraft, in partnership with Marubeni Aerospace, plans to launch its unique pay-per-flight eVTOL service in Japan during World Expo 2025. Following successful demonstrations in Osaka and an exhibition at SusHi Tech 2024 in Tokyo, the collaboration marks Japan as the first market outside of the … [Read more...] about LIFT Japan Set to Launch eVTOL Flight Experiences at Expo 2025
Building the Backbone for Advanced Aviation: Industry Experts Discuss Infrastructure Needs
Key Stakeholders Outline the Path Forward for UAS and AAM Networks At the AUVSI New England UAS and AAM Summit held today in Cambridge, MA, industry leaders gathered to address a pressing question: “If We Build It, Will They Come?” The panel discussion, titled “Infrastructure Supporting Advanced Aviation Operations,” brought together experts to explore the essential … [Read more...] about Building the Backbone for Advanced Aviation: Industry Experts Discuss Infrastructure Needs
Who’s Investing in Advanced Air Mobility?
Mixed Signals from Public and Private Sectors at AUVSI New England Summit The Advanced Air Mobility (AAM) industry faces a funding shift as venture investment declines but public interest rises. At the AUVSI New England UAS and AAM Summit in Cambridge, Massachusetts, experts gathered to discuss the state of AAM funding. With a conference theme of "If We Build It, Will They … [Read more...] about Who’s Investing in Advanced Air Mobility?
