How will advanced aerial mobility technology shape the future of aviation industry?  

Highlights 

  • The Advanced Aerial Mobility (AAM) technology is the latest addition in the Australian aviation sector.
  • The technology holds the potential to significantly shift the operating dynamic of the aviation industry, ensuring regional Australians are better connected to major cities.
  • The Australian federal government and the Victorian state government have inked a memorandum of understanding to develop a sustainable and safe AAM industry.

 

In the initial days, most popular Australian aviators, such as Nancy-Bird Walton and Charles Kingsford Smith played consequential roles in connecting Australia with the rest of the world. With every passing day, Australia is progressing forward with great aviation technologies and winging its way across the airspace. The innovation in the aviation industry is gradually overpowering the challenge of connecting people in remote areas.

Now, it’s time to achieve another milestone. The safe and sustainable Advanced Aerial Mobility (AAM) industry is all set to begin its journey to the skies soon.

During mid-December 2021, a memorandum of understanding was signed between the Australian federal government and the Victorian state government to develop a sustainable and safe AAM industry. With this development, aerial electric vehicles (EVs) and advanced freight drones are expected to begin their aerial journey.

How would AAM technology fix major challenges in the aviation industry?

Aviation industry growing with emerging technologies

Image source: © Fintastique | Megapixl.com

For advanced aerial mobility, revolutionary new aircraft are used to transport goods and people across locations, which are otherwise devoid of quality aerial services by conventional aviation modes.

There is scope that AAM may include automated electric air taxis that will cause a decline in traffic congestion in urban areas. It will also enable better connections for regional communities and drones to pull off time-critical updates successfully during emergencies.

Much-awaited MoU to trigger growth in the aviation industry

The MoU between the Federal Government of Australia and the Victorian government to work together will stimulate the long-term growth of a safe and sustainable Advanced Aerial Mobility (AAM) industry in Australia.   

The memorandum of understanding will support opportunities for the industry to bring innovative technologies to Australia, build regional connectivity via high-speed emergency response services, increase regional connectivity, and generate new jobs.

 Electric air taxi

Image source: © Haiyin | Megapixl.com

A flourishing path ahead for the AAM industry

Presently, AAM technology is making a major contribution to the national economy. The future prospects also suggest that the AAM industry will add AU$14.5 billion benefits to the Gross Domestic Product (GDP) of the country. It will generate around 5,500 jobs annually in the coming two decades, as per the Department of Infrastructure, Transport, Regional Development and Communications.

Besides developments in this new-fangled technology, the AAM industry has booming times ahead in Australia, on the back of government support. The federal government has expressed its commitment for a well-coordinated and cooperative approach to nurture and elevate the sector. There are numerous initiatives and programs in pipeline that will provide the AAM industry with the needed thrust for its expansion in the country.

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