On March 13, 2025, a groundbreaking collaboration was unveiled in Santa Clara, California, as Archer Aviation Inc. (NYSE: ACHR) and Palantir Technologies Inc. (Nasdaq: PLTR) announced their intent to construct the artificial intelligence (AI) foundation for next-generation aviation technologies.
Joby Aviation, Inc. (NYSE: JOBY), a California-based leader in electric vertical takeoff and landing (eVTOL) aircraft, has announced a strategic partnership with Virgin Atlantic, the UK’s premier long-haul airline, to introduce a revolutionary electric air taxi service across the UK.
EHang Holdings Limited (Nasdaq: EH), the world’s leading Urban Air Mobility (UAM) technology platform company, reported exceptional financial and operational results for the fourth quarter (Q4) and fiscal year (FY) 2024. The company’s performance reflects significant progress in scaling production, securing regulatory approvals, and expanding global market presence, establishing itself as a key player in the emerging eVTOL (electric vertical takeoff and landing) sector.
Just a few years ago, electric aircraft were largely considered experimental and impractical for widespread use. Today, advancements in technology have brought electric aviation to the threshold of commercial feasibility. By 2025, what significant technological milestones are likely to be achieved, and what progress can we realistically expect toward achieving silent, emissions-free urban flights?
Electric vertical takeoff and landing (eVTOL) aircraft promise to revolutionize urban and regional mobility by enabling fast, on-demand aerial transport above congested cities. The U.S. eVTOL market is in its nascent stage but is expected to expand rapidly over the next decade.
Picture this: a sleek, electric-powered aircraft zips quietly above a bustling city, dodging traffic jams and whisking passengers to their destinations in a fraction of the time a car would take. That’s the promise of electric vertical takeoff and landing aircraft or eVTOLs for short a technology that’s been buzzing in the aviation world for years now.