The breathless excitement that has surrounded several VTOL original equipment manufacturers or OEMs in recent years is beginning to cool, as stratospheric growth predictions and fizzy product announcements are tempered by more sober funding rounds, regulatory clarifications and even the inevitable test accidents. Chris Brown of our Strategy team takes a look at the future of Advanced Air Mobility below.
Whilst still a market of great promise, Advanced Air Mobility (AAM) is necessarily moving into a new phase, as the initial hype cycle of startup and investor activity comes to a close and the hard work of certification, delivery, and driving the many new concepts and models to full commercialization has to happen.
Some OEMs are more advanced than others down this commercialization runway, and inevitably the coming years will see a winnowing of the many young companies that have sprung up. The same can be said for burgeoning vertiport and AAM operator companies, although expect them to enter the limelight once several OEM models are fully certified.
