Urban-Air Port Ltd and Hyundai Air Mobility have entered into the partnership in a bid to explore and develop cost-effective, sustainable and rapidly deployable urban air mobility (UAM) infrastructure.
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The recent extension of the current funding round brings the total investment to date to more than $375 million.
The development of the E-port aims to accelerate the commercialisation of autonomous aerial vehicles (AAV) in the travel and tourism industries.
The funding round was led by Tencent, with participation from other existing investors including Atomico, Freigeist and LGT.
The pilot will be carried out by EHang, a Chinese autonomous aerial vehicle (AAV) technology platform company.
This is said to be the first operational flight permit for long term testing flight of Ehang's air taxi - EHang 216 - in Europe, which aims to lay foundation for the future of urban air mobility (UAM) operations in other EU countries.
The NASA-led Grand Challenge series will bring together companies intending to develop and/or operate air vehicles or airspace management services within the larger urban air mobility (UAM) ecosystem.
To date, Volocopter, which aims to produce the world’s first sustainable and scalable urban air mobility service, has raised total funding of €122 million.
Ascent offers helicopter flights to users, with the aim to skip congestion. The business model is said to not only open up access to urban air mobility, but encourage a more sustainable form of aviation.
The feasibility study will look into the most suitable cities and routes to deploy air taxis in Southeast Asian cities, evaluate the best use cases for air taxis, and explore the possibility of joint flight tests, among other things.
The collaboration aims to bring urban air mobility services and platforms to reality in Singapore’s urban environment, with the target to enhance industry productivity and improve the country’s regional connectivity.
Based in the San Francisco Bay Area and New Zealand, Wisk is an urban air mobility company backed by The Boeing Company and Kitty Hawk Corporation.