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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.
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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 DateAugust 2, 2022Batteries are a looming certification challenge for electric aviation hopefulsPurchase...
Log-in here if you’re already a subscriber Release DateMarch 23, 2023Why eVTOL sims could be a bridge to the future...
Log-in here if you’re already a subscriber This post appeared as part of our Three Points Newsletter on October...
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Log-in here if you’re already a subscriber Release DateOctober 15, 2023UP.Summit underscores slow but steady pace of eVTOL progressPurchase a...
