Electric Aircraft

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.

In a move that the FAA says will not “add delay” to completing type certification, the agency says it is “modifying its regulatory approach” to certificating electric vertical takeoff and landing (eVTOL) aircraft.

Following in the footsteps of several air taxi competitors, Brazil’s Embraer (NYSE: ERJ) announced Monday it has spun off its Eve Urban Air Mobility electric vertical takeoff and landing arm through a merger with a special purpose acquisition corporation (SPAC).

UK-based electric vertical takeoff and landing (eVTOL) aircraft developer Vertical Aerospace plans to begin a flight testing program for its VX4 full-scale prototype air taxi this summer.

An electric debut from Diamond and Safran advances the sustainability game, if it meets the timeline proposed.

CEO and founder of Vermont-based Beta Technologies reveals how a unique, team-based culture is helping the startup develop an electric vertical takeoff and landing (eVTOL) aircraft.

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.

Vermont-based electric vertical takeoff and landing (eVTOL) aircraft developer Beta Technologies announced Wednesday it has raised $375 million in Series B funding, bringing its total investments to nearly $800 million.

The electric airplane OEM will benefit from new parent’s support network.

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.