Volato Plans to Go Public on the New York Stock Exchange via SPAC Merger
Once the SPAC merger is completed, Volato is expected to have an enterprise value of $261 million.
Once the SPAC merger is completed, Volato is expected to have an enterprise value of $261 million.
Ahead of its anticipated public debut on the stock market, U.K.-based Vertical Aerospace late last week publicly debuted a full-scale model of its electric vertical takeoff and landing (eVTOL) aircraft.
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 […]