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January 10, 2023We Have Lift Off for Advanced Air Mobility in Commercial Aviation: All Eyes on Regulatory Changes, Sustainability Benefits and Societal Change

Rob Mather, Vice President, Aerospace and Defense Industries at IFS, explains how the use of Advanced Air Vehicles (AAVs) in the commercial sector might just be in the start-up stages compared to the defense sector, but in the past year alone it has seen vast amounts of investments with $7 billion in new investments being made in 2021. This more than doubles the investments across the previous ten years, and in the U.S. alone, the industry is expected to be worth $115 billion by 2035 and employ over 280,000 people.
Read the full article from IFS here.