The FAA says it is “modifying its regulatory approach” to certificating electric vertical takeoff and landing (eVTOL) aircraft, a move that the agency says will not add delays to completing type certification.
Until now, major U.S. eVTOL developers such as Joby Aviation (NYSE: JOBY), Beta Technologies, and Archer Aviation (NYSE: ACHR) have been moving toward type certification under Part 23 regulations for light aircraft.
