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Rapidly Developing Technologies in the
Future of Elevated Mobility
Sponsored By Deloitte June
06, 2023
Credit: Deloitte
Authors:
John Coykendall, Matt Metcalfe, Aijaz Hussain, and Tarun Dronamraju
Introduction
After years
of false starts and pilots, advanced air mobility (AAM) is finally emerging as
a viable mode of transportation to carry people and goods in new,
community-friendly, and cost-effective ways. 2021 was a milestone year for the
AAM market as electric vertical takeoff and landing (eVTOL) aircraft companies
witnessed $5.8 billion in investments.1 In contrast, eVTOL companies
registered $4.5 billion in investments between 2010 and 2020.2 Furthermore,
Joby Aviation3 was the first company to go public, followed
by Archer,4 Lilium,5 and
Vertical Aerospace.6
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