Log-in here if you’re already a subscriber Since 2016, when Uber Elevate launched electric vertical take-off and landing aircraft into...
Log-in here if you’re already a subscriber Release DateMay 25, 2023Acting FAA Administrator Nolen in advanced talks to join ArcherPurchase...
When Embraer spinoff Eve on Dec. 21 confirmed plans to combine with Zanite Acquisition Corp., it became the sixth company in the urban air mobility space to link up with a special purpose acquisition company (SPAC). Rather than speak to the continued strength of SPACs, however, the deal illustrates the funding vehicle’s decline as an ample source of outside capital — even as it cements Embraer’s strategy of using partnerships to expand into new markets.
This post appeared as part of our Three Points Newsletter on November 7, 2022 Boeing’s $450 million investment in the...
Log-in here if you’re already a subscriber Release DateMay 18, 2023Funding top-offs come into focus as eVTOL developers continue drive...
Log-in here if you’re already a subscriber Release DateAugust 1, 2023U.S. eVTOL developers increasingly look to defense as hedge against...
Log-in here if you’re already a subscriber How much juice do the key eVTOL entrants have left in their tanks?...
Log-in here if you’re already a subscriber Release DateJune 28, 2023Joby reveals new aircraft design details with debut of production...
Log-in here if you’re already a subscriber Release DateApril 10, 2023The ballpark price for certifying an eVTOL is going upPurchase...
While such deals across the rising eVTOL industry seemingly represent a new aerospace business model in which customers have a stake in the overall success of the product, a detailed review of securities filings and other fine print by The Air Current reveals a far more transactional arrangement. Airlines are lending their branding and credibility in exchange for a possibly lucrative piece of a buzzy market, regardless of whether or not an aircraft will be delivered or even formally ordered.
Log-in here if you’re already a subscriber Release DateNovember 23, 2022Archer plays the hare to Joby’s tortoise in eVTOL racePurchase...
What we still don’t know about Archer’s deal with United Along with the release of its Q2 financial results this...