Advances in energy storage, motor efficiency, and flight control systems have us on the potential cusp of a revolution in air mobility. This comes at a time when many traditional transportation infrastructures are saturated and new modes of mobility are desperately needed. The presentation will provide an overview of recent developments in urban- and extended-air-mobility and discuss the hurdles that must be overcome, not only technical obstacles but also challenges in regulations, societal acceptance, and business. It will provide context with an overview of our own technical challenges and successes, from the imminent Transition® to the aspirational TF-X.