Report Predicts $2.3 Billion Market for Air Taxis by 2027
A new report predicts that the global market for air taxis will grow at a CAGR of 19.6 percent over the next five years, reaching an estimated value of just over $2.3 billion by 2027.
On The Radar
Deloitte Offers Strategic Roadmap for AAM Industry in New Jersey
According to a Deloitte study, the AAM sector is projected to create more than 25,000 jobs and generate $152 million in state tax revenue for New Jersey over the next 15 years.
Fixed-wing VTOL UAV Market Expected To Grow to $4.5 Billion by 2030
The global market for fixed-wing VTOL drones, or uncrewed aerial vehicles (UAVs), is expected to grow from $750 million in 2021 to nearly $4.5 billion by 2030, according to a market research report.
Researchers Devise New Method to Extend the Lifespan of Lithium-Ion Batteries
A new South Korean study could pave the way for electric aircraft to make longer flights and require less frequent battery replacements.
ASTM International Publishes First Standards for Vertiport Design
The U.S.-based industry standards group has taken five years to develop specific guidance about how to design vertiports and vertistops for new VTOL aircraft.
Future of Air Mobility Accelerator Program Aims to Support SME Innovators
The UK's Connected Places Catapult is looking to involve up to 12 small- and medium-sized enterprises in the 2022 Future of Air Mobility Accelerator program, whose backers include Supernal, GKN, Heathrow Airport, and the UK CAA.
Hydrogen May Well Be the Answer for Green Aviation, But Many Questions Need Addressing
Alton Aviation Consultancy is helping governments and industry to prepare for a future in which aircraft are powered by hydrogen.
How a 50-Seat Skybus eVTOL Could Spark a Transportation Revolution in London
A white paper published by the UK’s Connected Places Catapult consortium takes a closer look at research into how a large-scale eVTOL aircraft could be a cost-effective commuter platform.
British Public Have Their Say on Whether They Will Accept Advanced Air Mobility and on What Terms
New research commissioned by the UK Research and Innovation agency is seeking to fully understand social attitudes regarding the benefits and risks of new modes of air transportation, such as eVTOL air taxi services.
McKinsey Report Probes Decline in Future Air Mobility Investments
Shocks to the global economy partly explain the "stark" decline in declared backing for eVTOL start-up companies but investment for sustainability technology is still flowing.