Visualizing eVTOL startups’ cash burn
Charting the precious cash reserves and spending of eVTOL players as they race to certify their aircraft.
How much juice do the key eVTOL entrants have left in their tanks? Last week, The Information published a graphical comparison of the dwindling cash reserves of six different electric vehicle startups that have gone public since 2020 via special purpose acquisition company (SPAC). That inspired The Air Current to create a similar chart for another sector of SPAC beneficiaries: developers of electric vertical take-off and landing aircraft.
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