The advanced air mobility (AAM) market is expanding rapidly, with 100 per cent of fund managers interviewed in a recent survey agreeing that AAM is looking increasingly attractive for investment.

This finding comes from global research commissioned by Horizon Aircraft, a Canada-based aerospace engineering company focused on eVTOL aircraft.

The study, conducted by market research firm PureProfile and including responses from fund managers across the US, Canada, Europe, the Middle East and Asia managing $82.4 billion in assets, found that 39 per cent plan to invest in AAM for the first time or increase current investments. Almost 47 per cent intend to maintain their existing investment levels, especially as technological advancements emerge in eVTOL and battery technologies. Joby Aviation is a good example of the sector’s appeal, having recently raised $202 million in equity and securing a $500 million investment from Toyota.

Brandon Robinson, CEO of Horizon Aircraft, says: “It is clear that fund managers recognise the potential that can be realised from investing in the advanced air mobility sector. The market is poised for substantial growth, which is being driven by technological advancements, an increasingly clear regulatory path and the clear need to overcome environmental and sustainability challenges presented by growing urbanisation and traffic congestion.”