Cash Burn Ramped Up As AAM Leaders Move Toward Certification

Archer’s Maker unmanned technology demonstrator is being prepared for initial hover flights.
Credit: Archer Aviation
Archer, Joby and Lilium together spent almost $132 million in the third quarter on development of their electric vertical takeoff and landing air taxis. The combined total for the first nine months of the year was more than $326 million as the startups ramped up work, aiming for certification by the...

Cash Burn Ramped Up As AAM Leaders Move Toward Certification is part of Aviation Week Network's complimentary online access.

Register now to read this content, plus receive complimentary access to articles from our experts in the global aerospace, air transport, mro, defense and space and business aviation communities.

Already registered to Aviationweek.com or AWIN? Log in with your existing email and password.