eVTOL

Archer Says It’s on Track To Fly in December

Archer Aviation (NYSE:ACHR) on Thursday delivered its first quarterly earnings report since going public two months ago, reporting a $177 million net loss, but saying it remains on track to fly its innovative new aircraft prototype by next month. The company attributed the loss to operating expenses, plus interest payments, which included the cost of […]

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Congress Votes to Support Advanced Air Mobility

The U.S. House of Representatives has overwhelmingly passed bipartisan legislation aimed at supporting the emerging advanced air mobility (AAM) industry, including electric vertical takeoff and landing aircraft. The move by Congress is yet another sign that the industry is moving quickly from concept to reality. Passed Thursday, the bipartisan bill directs the Department of Transportation […]

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Vertical Aerospace Secures $205 Million Toward eVTOL Development

Vertical Aerospace says it has received an additional $205 million in funding to support the development and certification of its VA-X4 electric vertical takeoff and landing (eVTOL) aircraft. The news comes as Vertical awaits a merger with special purpose acquisition company (SPAC) Broadstone Acquisition Corp., which would make it the fourth eVTOL company to go […]

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Virtual Event: eVTOL, Promise or Pipedream?

This fireside chat recap is from FLYING’s “What’s Next in General Aviation” Virtual Event on Wednesday. FIRESIDE CHAT TOPIC: Advanced air mobility (AAM) and eVTOL are creating significant new market opportunities in avionics and sensors. Aspen Avionics sees this as a chance to reignite innovation and push the market forward. DETAILS: FLYING CEO Craig Fuller […]

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Pilot in aircraft
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