There's A Lot Of Outside Funding Coming Into The Space...
By Brian Foley
Urban Air Mobility (UAM) is suggested by some industry participants and investors to be the next big disruptor in air transportation. It's envisioned that Jetson-like, small flying pods, often battery powered, will whisk passengers on short intra-city or regional hops starting with the press of an app, all while leaving an ecologically friendly footprint at relatively economical air travel fares. Known as eVTOLs for Electric Vertical Takeoff and Landing, these vehicles and support ecosystem are argued by some to be the most significant civil air transportation development since the jet age. They have spawned hundreds of individual air vehicle designs,