“While there has been much excitement in the Advanced Air Mobility (AAM) market in the last couple of years, the UAS Traffic Management (UTM) segment is still underinvested and going through a period of challenges. This can be detrimental to the AAM industry since UTM is critical for the industry to scale to a commercially viable level. Therefore, Regulators, Industry and Investors must work collaboratively to ensure that the UTM segment gets the right level of investment for research & development and commercialisation to support the AAM industry.”
Our CEO Ryan Lee spoke and expressed his frank view on the challenges faced by the UTM industry at the inaugural EU-Asia UAS/UAM Symposium yesterday. We look forward to working with like-minded partners in governments, businesses, and academia to achieve Singapore’s vision of being the AAM hub in the region.