VTOL

Funds that would have kept the company afloat ‘have not materialized in time’ despite a previous ‘breakthrough’ in its search for an investor.

UP.Summit features outlandish designs alongside traditional aircraft.

Fresh capital will help fund a hybrid vertical takeoff and landing (VTOL) model the company is developing.

With the acquisition of Ferrovial Vertiports, the FBO network will add takeoff and landing infrastructure to complement electrified terminals.

Electric chargers are designed to accommodate any variety of electric aircraft, as well as electric ground vehicles.

Manufacturer has raised an estimated $750 million in private capital from backers including Mercedes-Benz, Honeywell, and Blackrock.

Manufacturer, which is developing a short-range, electric VTOL air taxi for up to four passengers, begins for-credit structural testing with the agency.

Air taxi manufacturer and autonomous systems developer partner to develop a hybrid-powered vertical takeoff and landing (VTOL) aircraft.

State’s department of transportation creates a coalition of research universities to study a fast-approaching new generation of aircraft.

Agreement sets expectations for Archer’s regional partners, including operators, maintenance providers, and state-backed entities, to launch service as soon as next year.