Joby Says It’s Making Progress Toward Certification
With Q3 net losses totaling nearly $79M, air taxi-maker promises certification, manufacturing, and commercial operations.
With Q3 net losses totaling nearly $79M, air taxi-maker promises certification, manufacturing, and commercial operations.
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 […]
ermany-based Volocopter announced Thursday the “first ever crewed, public test flight of a fully electric vertical take-off and landing (eVTOL) air taxi in South Korea.”
Switzerland’s Dufour Aerospace has unveiled its first commercial, electric, vertical takeoff and landing (eVTOL) aircraft—a tilt-wing design called Aero2.
The amount of capital that is pouring into the aerospace industry from venture capitalists will have a profound impact on the future of aviation.
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 […]
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 […]
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 […]
Jetson Aerospace, namesake of the 1960s-era Hanna-Barbera cartoon, has unveiled its personal eVTOL aircraft, the Jetson One. The Jetson One, revealed to the public last week, is a recreational ultralight eVTOL aircraft that doesn’t require a pilot certificate to fly. Pre-orders have already begun and it will only set you back $92,000, with some assembly […]
Vertical Aerospace and Heathrow Airport have announced a collaboration to pioneer zero-emission electric vertical takeoff and landing (eVTOL) transportation from the U.K.’s busiest airport. The agreement between the two will serve as a huge step for Britain’s zero-emissions aviation industry, where findings will help determine how exactly eVTOLs will fit into the current aviation infrastructure, […]