FOR IMMEDIATE RELEASE
Marina, CA | December 19, 2023 – Monterey Bay DART is thrilled to announce a partnership with Advanced Aviation Alignment (A3) to unlock the secrets behind successful public-private investments in Advanced Air Mobility (AAM) and drone technology. This research will delve into how targeted investments in infrastructure, testing sites, and enablement areas can ignite economic growth, create quality career pathways, and strengthen regional resilience.
Across the US, communities are embracing AAM and sophisticated drone operations as game-changers for transportation, sustainability, and economic development. This study will analyze how strategic public investments in these sectors have led to the creation of exportable products, boosted local economies, and fostered inclusive job opportunities.
Key Research Focus:
Public-Private Investment Dynamics: The research will dissect the intricate relationship between public investments and private sector engagement in the AAM ecosystem. By studying successful initiatives across the country, the team aims to identify best practices for attracting private investment and fostering robust AAM ecosystems.
Sustainable Growth and Resilience: The study will explore how AAM investments can contribute to sustainable and resilient regional economies. This includes analyzing the potential for job creation, environmental benefits, and diversification of local economies.
Equitable Workforce Development: A crucial focus will be on understanding how AAM investments can create equitable pathways for community members to access quality jobs in the industry. The research will identify best practices for ensuring inclusive participation in this burgeoning field.
Driving Innovation in California: Monterey Bay DART, a leader in convening stakeholders and fostering innovative future-relevant markets, sees this partnership as a vital step forward. By understanding the impact of strategic investments, they aim to attract further private capital, inform policy decisions, and create an environment conducive to AAM development in Central California.
Josh Metz, Executive Director of Monterey Bay DART: “California has a rich aviation history, and we’re committed to keeping the innovation engine running. This research will help us leverage AAM’s potential for all Californians, creating jobs, boosting economies, and positioning our region as a leader in this revolutionary field.”
Matt Beatty, Founder and Principal Consultant of A3: “A3 is excited to join forces with MB DART, building on their impressive work with partners like Joby. By learning from other successful initiatives, we can develop a roadmap for California to stay ahead of the curve in the AAM revolution.”
Report and Timeline:
The research is expected to be completed in fall 2024 and will culminate in a comprehensive report with actionable recommendations for public and private stakeholders. The findings will be presented to the Monterey Bay DART Board of Directors and made available to the public.
Contact: For more information, please contact Monterey Bay DART at (831) 264-8299.
About Monterey Bay DART:
The Monterey Bay Drone, Automation, and Robotics Technology (DART) initiative is a non-profit dedicated to advancing future-relevant workforce and economic development solutions. Learn more: https://Montereybaydart.org
About Advanced Aviation Alignment Consulting:
A3 guides state, local, and industry stakeholders through the evolving aviation landscape, focusing on AAM. Learn more: https://advancedaviationalignment.com/