AAM Investments Hit $7.4 Billion

SkyDrive raised $66 million to pay for development of its passenger SD-05 eVTOL and cargo drones.

Credit: SkyDrive
Two new investments in Eve Holding and SkyDrive have increased the advanced air mobility (AAM) industry’s total investments to $7.47 billion as of Oct. 10. United Airlines invested $15 million in Eve as part of its agreement to buy 200 of the four-passenger Eve air taxis, with an option to buy...

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