US air taxi makers spending big on electric aircraft development

Santa Clara-based Archer Aviation reports spending $142 million during the first quarter for a net loss of $117 million, as the company has yet ...

Cash positions increasingly critical for US electric air taxi developers

McKinsey says “eVTOL players will also need funds to develop manufacturing and supply chain capabilities, which are often quite capital ...

FlightGlobal on X: "US air taxi makers spending big on electric ...

US air taxi makers spending big on electric aircraft development https://t.co/dnYlHH1qwT.

US air taxi makers spending big on electric aircraft development

This sounds familiar … In a statement Eaton said … “Based upon benchmarking with MAKE UK and other aerospace companies with similar ...

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

Startups like Joby Aviation and Archer are building electric vertical take-off and landing (eVTOL) aircraft that can taxi several people around in the sky ...

Electric Air Taxis Are One Step Closer to Hitting the Skies - Yahoo

Electric aircraft are the darlings at this week's annual NBAA business aviation conference in Las Vegas. Yesterday, the FAA signed a ...

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

Among the electric air taxi makers that are working entirely or largely without financial support from large corporations, funds are tightening.

Electric Regional Air Mobility Will Disrupt Aviation From Below

The study found that the combination could drop the cost of flying to the point where it was still more expensive to fly 300 miles than to drive ...

US air taxi makers spending big on electric aircraft development

Jun 8, 2024 - US air taxi companies keep burning significant cash as they drive toward commercialisation of their respective electric vertical take-off and ...

Advanced Air Mobility: What Electric Air Taxis Need to Take Off

By 2035, small electric vertical take-off and landing (eVTOL) aircraft will likely transport passengers and cargo between city centers and local airports.

Electric Flying Taxis Are Quietly Sneaking Up on Us

A flying electric air taxi developed by California-based Joby Aviation. Joby Aviation/© Joby Aero, Inc. Transportation.

Air Taxi Batteries Demand Unique Power Densities for Safe Operation

Electric vertical takeoff and landing (eVTOL) aircraft are one of the hottest segments of the aerospace industry, with legacy manufacturers ...

Atlantic Aviation Preparing Manhattan Heliport for Electric Air Taxis

And according to Atlantic, eVTOL manufacturers Joby Aviation and Archer Aviation—which have announced New York City as a launch market in ...

Following the Money in the Air-Taxi Craze - IEEE Spectrum

Having raked in perhaps 30 percent of all the money invested in electrically-powered vertical takeoff and landing (eVTOL) aircraft so far, Joby is the colossus ...

Like Ubers in the sky? Bay Area companies develop electric air taxis

Fifteen years ago, Bevirt founded Joby Aviation, a Santa Cruz-based company that's developing an electric aircraft that lifts off and lands ...

Flying Taxi Company Expands at Michigan Airports - IoT World Today

Air taxi developer Beta Technologies of Burlington, Vermont, has received a $2.6 million grant from the state of Michigan to help scale advanced air mobility.

Electric air taxis are nearing launch. Here's how to invest.

The Federal Aviation Administration thinks a competitive, scaled air taxi market could launch in at least one location by 2028. Yahoo Finance ...

The "flying taxis" of the future are lifting off - Axios

Investors have poured $6 billion into newly public eVTOL manufacturers, including Joby Aviation, Archer Aviation and others. Yes, but: After ...

How soon will we have flying taxis? What to know after the FAA ruling.

For the first time in decades, the Federal Aviation Administration recognized a new category of aircraft, an electric vehicle that can take ...

Advanced air mobility: Achieving scale for value realization - Deloitte

Current expected per unit prices of eVTOL aircraft range from US$1.2 million to over US$4 million. ... This is more than 10 times the cost of many ...