Embraer’s Eve Cuts New eVTOL Deals in Australia
Embraer’s Eve Urban Air Mobility Solutions on Monday announced an order from Australian tourist airline Sydney Seaplanes to buy 50 electric vertical takeoff and landing (eVTOL) air taxis.
Embraer’s Eve Urban Air Mobility Solutions on Monday announced an order from Australian tourist airline Sydney Seaplanes to buy 50 electric vertical takeoff and landing (eVTOL) air taxis.
Approval would make it the fourth eVTOL company to go public this year.
The FAA has inspected Archer Aviation’s prototype electric air taxi program, authorizing a special airworthiness certificate, clearing the way for its first hover test flight.
The German-based electric aircraft manufacturer is partnering with Saudi Arabia on a planned, eco-friendly region called Neom.
eVTOL developer told investors that it was an “extremely unfavorable” time for SPAC transactions.
French automobile manufacturer Renault has unveiled its own single-person electric vertical takeoff and landing (eVTOL) aircraft, the Air 4.
They’ll develop primary and secondary flight control computers for Airbus’ electric vertical takeoff and landing aircraft.
Pilot academies are in the works at major electric, vertical takeoff and landing companies.
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 […]