Followers of the emerging eVTOL industry often speak of the “Big Three” Western startups: Archer, Beta Technologies and Joby. But should there be a “Big Four”?
Joby Aviation has closed an equity sale worth $513.9 million in a move that fortifies its balance sheet as it gears up for the final stages of the FAA type certification process.
British eVTOL developer Vertical Aerospace has outlined its aftermarket strategy as it prepares for certification of its four-six-passenger tilt rotor VX4 in 2028.
Former EASA head Patrick Ky has joined the board of Vertical Aerospace, adding regulatory expertise as the company works to certify its VX4 eVTOL aircraft.
Japan’s Marubeni is to resume demonstration flights with Lift Aircraft’s electric vertical-takeoff-and-landing (eVTOL) Hexa at the 2025 World Expo in Osaka.
Shares in electric air taxi startups soared in May, boosted by a series of upbeat progress reports issued alongside financial results for the first quarter.