A new study from the international consulting group Deloitte finds that advanced air mobility (AAM) could provide New Jersey with a significant opportunity to grow its research and development capabilities. According to the study, the AAM sector is projected to create more than 25,000 jobs and generate $152 million in state tax revenue for New Jersey during the next 15 years.
Deloitte’s study, titled “A 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. The NARTP works to spur innovation in the aviation and aerospace industries by fostering partnerships between the commercial, academic, and government sectors.
“AAM gives us a once-in-a-generation economic development opportunity with statewide benefits that starts here in Atlantic County,” said NARTP president and CEO Howard Kyle. “It will create technology-based jobs and will help to attract aviation-related companies.”
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