Autonomous aviation company Wisk Aero has successfully completed the first flight of its Generation 6 aircraft, marking a significant milestone in its effort to deliver the first FAA-certified autonomous passenger-carrying eVTOL to market in the United States. The Generation 6 aircraft performed its initial vertical takeoff, hover, and stabilized flight maneuvers at Wisk's … [Read more...] about Wisk Aero Announces First Flight of Sixth Gen Aircraft
FAA certification
Joby Files Trade-Secret Complaint Against Archer
Legal dispute centers on alleged misuse of confidential business information Joby Aviation has filed a legal complaint against Archer Aviation, claiming that a former employee took confidential information before moving to Archer. The complaint was submitted in the Superior Court of California in Santa Cruz County on November 18. Archer denies the allegations. Background … [Read more...] about Joby Files Trade-Secret Complaint Against Archer
Archer Aviation to Acquire Los Angeles Airport as Strategic Air Taxi Hub and AI Testbed
Acquisition Overview Archer Aviation (NYSE: ACHR) has announced an agreement to acquire control of Hawthorne Municipal Airport (KHHR) in Los Angeles for approximately $126 million in cash. The 80-acre site will serve as both the operational hub and artificial intelligence (AI) testbed for the company’s planned Los Angeles air taxi network. The transaction remains subject to … [Read more...] about Archer Aviation to Acquire Los Angeles Airport as Strategic Air Taxi Hub and AI Testbed
Joby, Archer and the Air Mobility Race: When Certification, Sentiment, and Stocks Collide
This article represent the views of the author and does not in any way constitute or imply investment advice. The advanced air mobility (AAM) industry is edging closer to takeoff. Publicly traded companies such as Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR) are two of several names defining this new frontier, developing electric vertical takeoff and landing … [Read more...] about Joby, Archer and the Air Mobility Race: When Certification, Sentiment, and Stocks Collide
PLANA Secures Pre-Order for 20 Hybrid eVTOL Aircraft from VONAER
Agreement highlights growing demand for regional air mobility in Asia and beyond PLANA US, Inc. announced on September 22 that it has signed a letter of intent with VONAER, a Korea-based air mobility service provider, for the delivery of 20 hybrid electric vertical takeoff and landing (eVTOL) aircraft. The deal outlines the supply of 5 certified aircraft by 2033 and an … [Read more...] about PLANA Secures Pre-Order for 20 Hybrid eVTOL Aircraft from VONAER
