As air taxi developers burn through dollars

As air taxi developers burn through dollars, having a corporate ...

And there is Supernal, an affiliate owned by Hyundai Motor Group in South Korea, owner of the Genesis, Hyundai and Kia car brands. There is also ...

Cash positions increasingly critical for US electric air taxi developers

It burned $361 million during the first nine months of 2024. “We remain on track with our full-year 2024 cash spending outlook of $440-$470 ...

Lilium faces insolvency as air taxi firm struggles to raise cash - CNBC

Višević suggested it was unfair that U.S. electric car manufacturer Tesla — which burned through billions of dollars before making a profit — ...

Flying Taxi Startup Lilium Faces Bankruptcy After Raising $1 Billion

Flying Taxi Startup Lilium Burned Through $1 Billion. Now It's ... The company has deals to establish flight networks in the Lombardy ...

Aerospace America on X: "Among the electric air taxi makers ...

As air taxi developers burn through dollars, having a corporate owner could be helpful — but within... From aerospaceamerica.aiaa.org · 3:00 ...

Europe's flying taxi dreams falter as cash runs short - BBC

“We are definitely burning through cash," he told the BBC. “But this is a good sign, because it means we are producing the aircraft. We're going ...

A Billion Dollar Crash - Failory

The company aimed to create a new category of “air taxi” by ... Burned over $1B developing and testing its technology, with costs ...

Among the electric air taxi makers... - Aerospace America | Facebook

As air taxi developers burn through dollars, having a corporate owner could be helpful — but within limits. Not everyone wants to be first into business.

Archer keeps burning cash as it seeks to 'take lead' in air taxi race

Electric air taxi developer Archer Aviation lost $181 million during the second quarter of 2023 as the start-up pushes to certificate its Midnight aircraft.

Joby's $3.5B Air Taxi Dream Worth Less Than Trump's Truth Social ...

However, potential doesn't pay the bills. Here are three reasons why I would favor Joby Aviation stock over TMTG despite the current market cap ...

News - Aerospace America

By Paul Brinkmann August 29, 2024. As air taxi developers burn through dollars, having a corporate owner could be helpful — but within limits. By Paul ...

The ballpark price for certifying an eVTOL is going up - The Air Current

With the latest round of financial filings from publicly traded eVTOL developers, it's apparent that bringing an aircraft to market could ...

My Most Important Supplier Burned Through $1 Billion and Went ...

In the wake of the financial crisis, a critical pivot saved the Bedford, Massachusetts-based Linear Air Taxi.

How much would you pay for a flying taxi? You may soon get the ...

... into eVTOL development by major players like Uber, Stellantis, and Honeywell. Even Toyota has forked over nearly $400 million to Joby ...

Electric Air Taxis Are Already Coming in for a Hard Landing - WSJ

Wall Street's projections have it burning a further €1.2 billion over the next five years, even assuming it met its incredibly ambitious target ...

Air taxis: the latest on the flying electric cars bringing the Jetsons ...

There's a future where we don't need roads and regular folks like you and me can jump into a boat-sized electric pod and just fly anywhere ...

Vertical Aerospace founder invests $50M to keep firm going - Fortune

... flying taxi firm from running out of cash later this year. ... Without more funding, Vertical Aerospace projected last year it would burn through ...

Air taxi maker Volocopter scrambles for additional eVTOL financing

German eVTOL developer scrambles to find funds to usher its air taxis through certification and production after government deals fall ...

US Air Force burns more money on electric flying taxis - The Register

The US Air Force is dipping its toe into electric vertical takeoff and landing (eVTOL) aircraft by trialing a short-hop air taxi that has yet to get FAA ...

Dream or Disaster, Flying Cars Face Multibillion Dollar Moment

The bubble-like automated vehicle is made by EHang Holdings Ltd. and is vying to become the world's first uncrewed commercial flying taxi this year.