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LATEST eVTOL STOCK NEWS


Joby Aviation Partners with Mukamalah Aviation

Last Trade: 4.89 -0.06 -1.21

Agreement signed with Mukamalah, aviation subsidiary of Saudi Aramco, to introduce eVTOL aircraft to Saudi Arabia Agreement contemplates direct sale of aircraft to Mukamalah Mukamalah Aviation Company operates world’s largest fleet of corporate aircraft SANTA CRUZ, Calif. & DHAHRAN, Saudi Arabia / May 21, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for... Read more


Drone Delivery Canada And Volatus Aerospace Announce Transformative Merger Of Equals Creating Global Leader In Drone Technology And Services

Last Trade: 0.18 0.07 57.78

50/50 merger of equals, creating a global diversified drone technology and services leader. Combined company will be called "Volatus Aerospace Corp.", leveraging the Volatus global name and brand, while maintaining Drone Delivery Canada's name and brand for cargo operations. Shared management team led by Glen Lynch (CEO of Volatus) and Steve Magirias (CEO of Drone Delivery Canada) with current Volatus board... Read more


Archer Aviation Partners With Etihad Aviation Training For eVTOL Pilot Training Operations Based In Abu Dhabi

Last Trade: 3.48 -0.19 -5.18

The goal of the partnership with Etihad Aviation Training (“Etihad Training”) is to support Archer’s efforts to establish urban aircraft mobility operations across the UAE in coordination with the Abu Dhabi Investment Office (“ADIO”), and other local partners, including Falcon Aviation and Air Chateau. Archer and Etihad Training intend to collaborate together to recruit and train pilots to operate Archer’s... Read more


EHang Reports First Quarter 2024 Unaudited Financial Results

Last Trade: 16.47 -0.53 -3.12

Quarterly Revenues Increased by 178.0% YoY Achieved Positive Operating Cash Flow for the Second Consecutive Quarter Secured Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Growing Orders and Deliveries Boosted by Low-Altitude Economy Industry in China Partnered with GBT for Ultra-Fast/eXtreme Fast Charging Batteries Partnered with GAC to Strengthen Capability for Future... Read more



Lilium Begins Construction of Certification Test Facility for the Lilium Jet with SEGULA Technologies

Last Trade: 1.14 -0.03 -2.56

State-of-the-art test facility to be a cornerstone of the Lilium Jet certification program Located at Lilium’s headquarters near Munich (Germany), the 26,000 square feet (2400m2) rig will be used to simulate flights, for system integration testing and to verify aircraft performance through multiple flight profiles Designed in collaboration with global engineering group SEGULA Technologies, the facility is... Read more



Lilium in advanced discussions with French government to expand industrial footprint with high-volume facilities in France

Last Trade: 1.14 -0.03 -2.56

Lilium is keen to leverage France’s unique aerospace heritage and vast supplier base in aerospace and electrification to expand its high-volume production capacity of the Lilium Jet Discussion of industrial footprint expansion into France, potential government subsidies and loan guarantees expected to be concluded in the coming weeks Lilium expansion could create up to 850 new direct jobs in France Lilium Jet... Read more


Volatus Aerospace Releases 2023 Financial Results and Provides General Corporate Update

Last Trade: 0.18 0.07 57.78

2023 Revenue of $34.87M and Gross Profit of $11.14M TORONTO, ON / ACCESSWIRE / May 12, 2024 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in the drone industry, is pleased to announce its financial results for the year ended Dec 31, 2023. The Company generated revenues of $34,872,815 for the year ended Dec 31, 2023, with a 32% gross margin, and adjusted EBITDA... Read more


Archer Aviation Announces First Quarter 2024 Results; Flight Testing Accelerates As Midnight Closes In On Transition Milestone & Midnight’s Key Systems Pass...

Last Trade: 3.48 -0.19 -5.18

Midnight’s Flight Test Campaign Accelerates – Closing In On Transition Milestone. In Q1, Archer flew 100+ flights, keeping us on track to exceed our goal of 400 flights this year. Midnight is closing in on its transition milestone, meaning it would take off vertically, accelerate until it transitions from thrust-born to wing-borne flight and then land again vertically. From there, we intend to fly the aircraft as... Read more


Archer Aviation Completes Installation Of High-Volume Battery Pack Manufacturing Line

Last Trade: 3.48 -0.19 -5.18

Archer’s battery pack manufacturing team has installed an “automotive style” line that is designed for high-volume production from day one with the capability of producing up to 15,000 battery packs per year This facility will produce the proprietary battery packs needed to support the ramp of Archer’s aircraft production at its high-volume aircraft manufacturing facility in Covington, GA which remains on track to... Read more


Joby Aviation Reports First Quarter 2024 Results

Last Trade: 4.89 -0.06 -1.21

SANTA CRUZ, Calif. / May 07, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its First Quarter 2024 Shareholder Letter detailing the Company’s operational and financial results for the period ending March 31, 2024. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00... Read more


Eve Holding Reports First Quarter 2024 Results

Last Trade: 5.75 0.17 3.05

MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its First Quarter 2024 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, Service & Operations Solutions and... Read more


Blade Air Mobility Reports Financial Results for the First Quarter Ended March 31, 2024

Last Trade: 3.18 -0.10 -3.05

Achieved record-high Medical revenue of $36.0 million in Q1 2024, a 34.6% increase versus the prior year period and a 12.6% sequential increase versus Q4 2023. Net loss improved by $6.0 million versus the prior year to $(4.2) million in Q1 2024; Adjusted EBITDA improved by $4.2 million versus the prior year to $(3.5) million in Q1 2024. Record-high Medical Segment Adjusted EBITDA of $4.4 million in Q1 2024, up... Read more


EHang: EH216-S Completes UAE’s First Passenger-Carrying Demo Flight, Accompanied by Successful Demo Flights of EH216-L and EH216-F Pilotless eVTOLs in Abu Dhabi

Last Trade: 16.47 -0.53 -3.12

GUANGZHOU, China, May 06, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that its pilotless electric vertical take-off and landing (“eVTOL”) aircraft EH216-S has set a new milestone with the successful completion of the first passenger-carrying demo flight in Abu Dhabi, marking the... Read more


Lilium Announces Firm Order of 20 Lilium Jets from U.S. Operator UrbanLink

Last Trade: 1.14 -0.03 -2.56

UrbanLink’s firm purchase order of 20 Lilium Jets, with an option for 20 more, includes scheduled pre-delivery payments. The agreement marks a critical aviation milestone as UrbanLink becomes the first airline in the U.S. fully committed to integrating eVTOL aircraft into its fleet. UrbanLink will begin operations with a regional network connecting cities in South Florida. MIAMI, May 06, 2024 (GLOBE... Read more


Joby Aviation Progresses to Next Phase of Aircraft Flight Test Program

Last Trade: 4.89 -0.06 -1.21

SANTA CRUZ, Calif. / May 02, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed its pre-production flight test program and is now focused on the next phase of flight testing, during which the Company will use its production prototype... Read more


Joby Aviation Expands California Manufacturing Facility, Rolls Second Aircraft Off Production Line

Last Trade: 4.89 -0.06 -1.21

● New facility will more than double Joby’s manufacturing footprint in California ● Expansion funded in part by $9.8 million California Competes grant ● Second production prototype aircraft has rolled off production line SANTA CRUZ, Calif. / Apr 29, 2024 / Business Wire / Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, today announced it has broken ground... Read more


EHang and Greater Bay Technology Form Strategic Partnership to Jointly Develop World's First Ultra-Fast/eXtreme Fast Charging Batteries for eVTOL

Last Trade: 16.47 -0.53 -3.12

GUANGZHOU, China, April 28, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced that it has established a strategic partnership with ultra-fast charging-focused Guangzhou Greater Bay Technology Co., Ltd. (“Greater Bay Technology” or “GBT”) at the 16th Chongqing International Battery Technology... Read more


Multi Level Group, EHang and ADIO seal strategic collaboration to drive eVTOL development in the UAE

Last Trade: 16.47 -0.53 -3.12

Collaboration with global eVTOL player EHang announced during Abu Dhabi’s inaugural DRIFTx event Agreement aims to promote eVTOLs to transform the way people and goods are transported EHang looking to promote business activities with local partners including manufacturing, flight operations, research and development, training and MRO ABU DHABI, United Arab Emirates, April 26, 2024 (GLOBE NEWSWIRE) -- EHang... Read more


Joby Aviation Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem

Last Trade: 4.89 -0.06 -1.21

Multilateral agreement signed with three Abu Dhabi government departments identifies support for establishing and scaling Joby’s air taxi service in Abu Dhabi and beyond Agreement covers the potential to develop a full air taxi ecosystem, including training, infrastructure development and flight operations, as well as a manufacturing presence in Abu Dhabi Agreement unlocks opportunity for inter-emirate air taxi... Read more


Archer Aviation Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE

Last Trade: 3.48 -0.19 -5.18

Archer is working with Abu Dhabi to operationalise its air taxi services, in-country manufacturing, and training across the region Archer is coordinating with government partners across Abu Dhabi to develop the necessary vertiports and charging infrastructure Archer and ADIO (Abu Dhabi Investment Office) jointly define an ambitious set of operational... Read more


Archer Aviation Opens D.C. Office; Adds Key Policy, Government, and Regulatory Affairs Leaders Under Former FAA Chief as It Prepares for Commercial Launch

Last Trade: 3.48 -0.19 -5.18

Former Administrator of the Federal Aviation Administration (FAA) and current Archer executive, Billy Nolen, will lead Archer’s regulatory affairs team as its Chief Regulatory Affairs Officer Former Senior Advisor to the U.S. Secretary of Transportation, and Director of Public Engagement at the US DOT, Lynda Tran, recently joined the team as an advisor and will play a critical role in supporting Archer’s... Read more


Lilium Starts Production of High-Performance Battery Packs for the Lilium Jet

Last Trade: 1.14 -0.03 -2.56

Lilium’s battery packs are being designed to meet the highest aviation safety standards First units off the battery assembly line at Lilium’s headquarters will be used for verification testing ahead of first piloted flight of the revolutionary Lilium Jet, targeted for end of 2024 This follows several years of extensive testing of battery pack subcomponents from individual cell to stack level with a focus on... Read more


KULR Technology Expands SafeCASE Application to Transform Battery Storage in eVTOL Manufacturing

Last Trade: 0.40 0.008 2.07

SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, proudly announces a significant expansion in the application of its proprietary and patented SafeCASE technology. In a landmark development, KULR has received an initial award to supply SafeCASES to a leading electric vertical take-off and... Read more


EHang Secures Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Pilotless eVTOL Aircraft

Last Trade: 16.47 -0.53 -3.12

GUANGZHOU, China, April 07, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that EHang has successfully obtained the Production Certificate (“PC”) for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (“eVTOL”) aircraft issued by the Civil Aviation... Read more


Lilium Begins Integration of Garmin Standby Flight Instruments for the Lilium Jet

Last Trade: 1.14 -0.03 -2.56

Standby flight instruments supplied by Garmin represent a key safety feature of the Lilium Jet and will provide fully redundant flight instrumentation First units have been delivered to Lilium to be integrated in the first Lilium Jets and the Lilium Jet flight simulator for pilot training MUNICH, Germany, April 02, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric... Read more



Archer Aviation Successfully Completes Multiple Battery Pack Drop Tests; One of the Most Challenging Tests It Is Set to Face as Part of the FAA’s Type...

Last Trade: 3.48 -0.19 -5.18

Archer's recent successful battery pack drop tests signify a major milestone for Midnight’s program putting Archer in a strong position to pass this same test in upcoming for-credit testing with the Federal Aviation Administration (“FAA”) Midnight’s battery packs were dropped from 50 feet at 100%, 30% and 0% state of charge at a National Institute for Aviation Research (“NIAR”) lab to simulate extreme impact... Read more


EHang Announces Japan's First UAM Center in Tsukuba

Last Trade: 16.47 -0.53 -3.12

GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture. This state-of-the-art facility serves as a demonstration flight site, ground infrastructure, and maintenance base for... Read more



EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Last Trade: 16.47 -0.53 -3.12

Quarterly Revenues Increased by 260.9% YoY, 97.8% QoQ, Fiscal Year Revenues Increased by 165.0% Maintained Stable and High Gross Margin Achieved Positive Operating Cash Flow in the Fourth Quarter of 2023 Obtained the World’s First Pilotless Passenger-Carrying eVTOL Type Certificate (“TC”) and Standard Airworthiness Certificate (“AC”) for EH216-S from the CAAC Moved Forward eVTOL Sales and Operations... Read more


Lilium and Atlantic Aviation Unite to Electrify Regional Air Mobility Across the U.S.

Last Trade: 1.14 -0.03 -2.56

Lilium and Atlantic Aviation announce they have signed an MOU to electrify existing airport infrastructure and support regional air mobility Agreement aims to ensure compatibility of current and future vertiports with Lilium Jet  Partnership aims to establish a planned network to support operators of the Lilium Jet MUNICH, Germany, March 13, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer... Read more


Blade Air Mobility Reports Financial Results for the Fourth Quarter Ended December 31, 2023

Last Trade: 3.18 -0.10 -3.05

Revenue up 24.5% versus the prior year to $47.5 million in Q4 2023 and up 54.1% in the full year 2023 to $225.2 million Net loss increased $(18.5) million versus the prior year to $(33.9) million in Q4 2023 and increased $(28.8) million in the full year 2023 to $(56.1) million; Adjusted EBITDA increased by $2.7 million versus the prior year to $(5.2) million in Q4 2023 and increased by $10.8 million to... Read more


Archer Aviation and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

Last Trade: 3.48 -0.19 -5.18

Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025 On March 8, 2024, Falcon Aviation launched the upgraded Falcon Tours Heliport Terminal at the iconic Atlantis, The Palm,... Read more


Eve Holding Reports Fourth Quarter and FY2023 Results

Last Trade: 5.75 0.17 3.05

MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results. Year in review Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023.  With suppliers of flight-critical components selected for our eVTOL, we defined its final architecture.... Read more


Joby Aviation Acquires Facility in Ohio, Begins Hiring to Support Initial Manufacturing Operations

Last Trade: 4.89 -0.06 -1.21

SANTA CRUZ, Calif. / Mar 05, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has acquired an existing facility at Dayton International Airport and begun hiring in support of the Company’s initial manufacturing operations in Dayton, Ohio. The facility acquired by Joby will be fitted out to support initial... Read more


Lilium releases Full Year and Fourth Quarter 2023 Shareholder Letter

Last Trade: 1.14 -0.03 -2.56

MUNICH, Germany, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its Full Year and Fourth Quarter 2023 Shareholder Letter. The Shareholder Letter, which discusses Lilium’s progress towards important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium... Read more


Lilium Gears Up for Production of the Lilium Jet’s Revolutionary Electric Propulsion Units

Last Trade: 1.14 -0.03 -2.56

Lilium begins installation of serial production line for propulsion units at Lilium’s production facilities in Wessling, Germany First prototype propulsion units expected to come off the line in Q2 2024, marking a key milestone in the Lilium Jet program and positioning Lilium at the forefront of electric jet industrialization Propulsion assembly line specially designed in partnership with automation and... Read more


Archer Aviation Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight’s Certification Program as it Readies for Launch in 2025

Last Trade: 3.48 -0.19 -5.18

Approximately 80% of Archer’s Midnight aircraft’s subsystems and components are sourced from leading aerospace suppliers with certification heritage giving it a significantly de-risked path to certification Construction of three conforming Midnight aircraft underway as flight test program makes rapid progress and Archer expects to complete 400 test flights in 2024 On track to complete build out of volume... Read more

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