Advanced Air Mobility (AAM) refers to a new era of aviation that aims to revolutionize the way people and goods are transported through the air. It involves the development and deployment of electric vertical takeoff and landing (eVTOL) aircraft, also known as urban air mobility (UAM) vehicles, as well as other innovative aerial systems.

AAM encompasses a range of concepts, including:

1. Electric and hybrid-electric propulsion: Replacing traditional fossil-fuel-powered engines with electric or hybrid-electric propulsion systems to reduce noise, emissions, and operating costs.
2. Vertical takeoff and landing (VTOL) capabilities: Enabling aircraft to take off and land vertically, like helicopters, but with the ability to transition to horizontal flight for more efficient cruise.
3. Autonomous and semi-autonomous systems: Implementing advanced autonomy and artificial intelligence to enhance safety, efficiency, and passenger experience.
4. On-demand air transportation: Providing flexible, point-to-point transportation services, similar to ride-hailing or taxi services, but with the added benefit of speed and convenience.
5. Urban and regional air mobility: Focusing on short- to medium-range flights, often within urban areas or between nearby cities, to alleviate traffic congestion and improve connectivity.

The goals of Advanced Air Mobility include:

• Reducing congestion and emissions in urban areas
• Increasing mobility and accessibility for people and goods
• Enhancing safety and efficiency through autonomous systems
• Creating new business models and opportunities for the aviation industry
• Providing sustainable and environmentally friendly transportation solutions

AAM is being developed and promoted by a range of stakeholders, including:

• Aerospace companies (e.g., Boeing, Airbus, Bell)
• Technology startups (e.g., Joby Aviation, Lilium, Volocopter)
• Governments and regulatory agencies (e.g., NASA, FAA, EASA)
• Investors and venture capital firms

As AAM continues to evolve, it is expected to transform the aviation industry and have a significant impact on the way people live, work, and travel.