Archer Aviation, a prominent player in the electric vertical takeoff and landing (eVTOL) aircraft sector, has recently secured $430 million through an equity offering. This substantial infusion of capital is earmarked for the development of a hybrid-propulsion VTOL aircraft in collaboration with defense technology firm Anduril Industries.
28
Oct
Oct
Not quite a helicopter and not quite an airplane, but a blend of the two, is what the FAA is referring to. The US Federal Aviation Administration (FAA) has drafted regulations for the operation of would-be air taxis, making the road ahead for eVTOLs to take off smoother. On 22 October, the FAA published the final regulations, which include certain additions to previously drafted provisions, including those on pilot training, to ensure that the so-called powered lift vehicles are integrated into the US National Aviation System and that future air taxis can operate properly in urban environments.
17
Aug
Aug
Urban Air Mobility (UAM) is rapidly evolving into a key aspect of the future transportation landscape, but the way it is being developed and implemented varies widely across different regions. In Asia, Europe, and North America, local urban structures, regulatory frameworks, and societal needs significantly influence how UAM is taking shape.
13
Aug
Aug
In a strategic move to strengthen its presence in the emerging air taxi market, Stellantis has committed up to $370 million to support the production of air taxis by Archer Aviation. This substantial investment will specifically target the manufacturing of Archer’s Midnight aircraft, with production targets set at approximately 650 units annually.
14
Jul
Jul
In the rapidly evolving landscape of urban air mobility, a select group of eVTOL (electric vertical takeoff and landing) manufacturers have emerged as frontrunners, not just in technological innovation, but in their ability to attract substantial investment. These companies are poised to revolutionize short-distance air travel, promising a future where city-dwellers can soar above traffic congestion in electric air taxis.
05
Jul
Jul
The successful flight of Archer Aviation’s Midnight eVTOL represents a significant milestone in the development of flying taxis. As urban areas continue to grapple with transportation issues, innovations like the Midnight offer a glimpse into a future where the skies may become our new commuting highways.
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