AUSTIN, Texas - What is UAM/AAM? It stands for Urban or Advanced Air Mobility. This transportation sector is projected to grow from $5 billion in 2023 to over $23 billion globally by 2028, according to industry reports. Several factors are expected to drive this growth. These include a rise in demand for short-range routes, advances in batteries and electric propulsion systems and the sustained efforts to reduce aviation’s carbon footprint and operational costs, Chris Summers writes for International Airport Review. Continue reading original article.
The Military & Aerospace Electronics take:
26 October 2023 -Â Summers, in his piece for International Airport Review, goes into what the current landscape of urban/advanced air mobility (UAM/AAM) as the technology looks to take off in earnest next year.
"We want first of all to bring advanced air mobility and a sustainable network to everyone," said Dirk Hoke, CEO at Germany-based Volocopter at an industry event this May. Hoke pointed out that commercial operations for its battery-powered eVTOL are expected to begin next summer, when the company plans to offer commercial passenger flights during the 2024 Paris Olympics. "And we will not do it only for the Olympics, we will be there then for the years to come in Paris."
This year, UAM pioneers have announced airlines and other companies who have been early purchasers of their aircraft, and regulators have announced roadmaps to flying these craft in urban environments in preparation for widespread use in the coming years.
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Jamie Whitney, Senior Editor
Military + Aerospace Electronics
