Advanced air mobility (AAM) could offer New Jersey a significant opportunity to grow its research and development capabilities, according to new research from international consulting group Deloitte. According to the study, the AAM sector is projected to create more than 25,000 jobs over the next 15 years and generate $152 million in state tax revenue for New Jersey.
The Deloitte study, entitled “Strategic Roadmap for the Development of Advanced Air Mobility,” was commissioned by the National Aerospace Research and Technology Park (NARTP) in Egg Harbor Township, New Jersey. NAARTP works to foster innovation in the aviation and aerospace industries by fostering partnerships between commercial, academic, and government departments.
Howard Kyle, President and CEO of NARTP, said: “It will create tech-based jobs and help attract aviation companies.”
According to the study, New Jersey’s proximity to New York City and Philadelphia makes it an ideal candidate for early adoption of AAM services such as air taxis and short-haul cargo delivery flights using electric and hybrid-electric aircraft. It is In addition to its convenient geographic location, Deloitte research found that New Jersey is home to a “unique combination of aviation assets and accelerators,” helping position the region as a leader in her AAM market in the country. increase.
“We have long known that Atlantic County’s aviation sector is ripe for investment, growth and innovation and is a key factor in the diversification of Southern New Jersey’s economy. , to gain more leverage, tools, and direction to implement a multi-step approach to enabling AAM in New Jersey.”