Strategic Funding to Accelerate eVTOL Aircraft Production Stellantis N.V. and Archer Aviation Inc. have announced a significant $55 million investment from Stellantis, under the companies’ strategic funding agreement. This follows the achievement of Archer's transition flight test milestone last month and adds to Stellantis’ prior $39 million in open market purchases of Archer … [Read more...] about Stellantis Boosts Investment in Archer Aviation by $55 Million
Electric air taxis
Joby Aviation on the Drone Radio Show: Answering the Number 1 Question on Urban Air Mobility
Don't miss Joby Aviation on this episode of the Drone Radio Show! Host Randy Goers speaks with Joby product manager Eric Allison about the question on everyone's mind: How close are we to hailing an air taxi? Listen here: Drone Radio Show · How Close Are We to Hailing an Electric Air Taxi? Eric Allison is Chief Product Officer at Joby Aviation. Joby builds … [Read more...] about Joby Aviation on the Drone Radio Show: Answering the Number 1 Question on Urban Air Mobility
Archer Aviation’s Midnight Aircraft Successfully Completes Phase 1 Flight Tests in Accelerated Three-Month Timeline
Archer Aviation's Midnight Aircraft Completes Phase 1 of Flight Test Program in Three Months Archer Aviation Inc. (NYSE: ACHR), a prominent player in the electric vertical takeoff and landing (eVTOL) aircraft sector, has reached a significant milestone with the successful completion of Phase 1 in the flight test program for its Midnight aircraft. Drawing from insights … [Read more...] about Archer Aviation’s Midnight Aircraft Successfully Completes Phase 1 Flight Tests in Accelerated Three-Month Timeline