Joby Extends U.S. Air Force Contract, Bringing Total to $131 Million
Under the agreement, the eVTOL manufacturer will supply USAF with nine Joby electric air taxis.
Under the agreement, the eVTOL manufacturer will supply USAF with nine Joby electric air taxis.
In a decision central to success for its electric vertical takeoff and landing air taxi, Germany-based Lilium has selected Astronics to design, develop, and manufacture the electrical power distribution system for the Lilium Jet.
Electric vertical takeoff and landing (eVTOL) air taxi developer Archer Aviation announced Tuesday it is expanding its flight testing program—using for the first time a tilt propeller system during hover.
A new partnership between Eve Air Mobility and Porsche is just the latest example of the strengthening alliance between eVTOL and the auto industry.
Uber-backed electric air taxi developer Joby Aviation told investors Thursday it expects no delays as a result of the FAA’s modified regulatory approach to type certification. In the company’s quarterly earnings conference call, Joby reported a $62.3 million net loss in Q1 2022, an increased loss of $20.8 million compared to the same period last year.
California-based Archer Aviation and United Airlines is creating a joint advisory committee aimed at supporting Archer’s goals to operate an airline fleet of electric vertical takeoff and landing (eVTOL) air taxis.
Brazil’s Eve Air Mobility has announced a strategic partnership with France-based aviation giant Thales to help develop avionics, flight control, navigation, communication, and connectivity systems for Eve’s proposed new electric vertical takeoff and landing (eVTOL) air taxi.
American Airlines-backed electric air taxi developer Vertical Aerospace has been approved for concurrent type certification by European and UK aviation regulators.
In a surprise announcement, Brett Adcock, public face and co-founder of Archer Aviation, one of the world’s leading developers in electric vertical takeoff and landing (eVTOL) aircraft, is stepping down as co-CEO.
Influential financial heavyweight Deutsche Bank (NYSE; DB) says the eVTOL industry is ripe for disruption, singling out Archer Aviation (NYSE: ACHR) as a stock to buy.