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5 British urban air mobility startups taking to the skies

Urban Air Mobility startups
Image credit: Shutterstock / Dmitry Kalinovsky

From flying taxis whizzing passengers across cities to autonomous drones zooming medical supplies to patients, the urban air mobility sector is full of promise.

According to Morgan Stanley, that potential market could be worth $1tn by 2040. Across Europe, urban air mobility startups have been scooping up investor cash in the hope of capitalising on this market opportunity once it takes off.

With that, valuations have been rising. Dealroom estimates the value of European urban air mobility startups currently stands at $7.9bn.

In the UK, there has been growing momentum for urban air mobility, or UAM, from drone delivery trials to industry partnerships. Earlier this month, the government unveiled £273m in funding for the UK’s aerospace sector, with plans including a drone “super highway”....