Advanced air mobility startups are looking to defense for early revenues, so Electra.aero is forming a dedicated defense unit to pursue potential military uses.
Archer Aviation is choosing Karem Aircraft’s optimum-speed tiltrotor technology for the hybrid-electric VTOL that it is developing for the defense market.
With the first eVTOL air taxis expected to enter into service as soon as this year, industry stakeholders are racing to assemble the pieces for a smooth launch.
Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.
