The aviation industry is witnessing notable advancements in electric and hydrogen propulsion systems. Wright is gearing up to expand its electric propulsion system tests with the manufacturing and installation of a thrust test stand in New York. Diamond Aircraft is at the forefront of a hydrogen-electric hybrid propulsion project and has integrated with Volocopter, a leading eVTOL aircraft developer. Milestones are being achieved with StandardAero celebrating its 1,500th HTF7000 engine for heavy maintenance, MagniX reaching key milestones with its electric aircraft engines, and Kawasaki aiming for piston engine certification by 2030. Additionally, H2Fly co-founder has stated that the first hydrogen-powered aircraft is expected to be in service by 2030, highlighting the necessity of renewable energy sources for hydrogen fuel production. The industry is witnessing collaborations, technological innovations, and a positive outlook towards the future of aviation propulsion systems.