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Latest eVTOL News



UK Electric Air Taxi Service On The Horizon: Joby Aviation and Virgin Atlantic Announce Partnership

Last Trade: 6.33 -0.16 -2.47

Partnership will deliver revolutionary, emissions-free travel in the UK, including greater connectivity for Virgin Atlantic customers traveling to and from the airport Virgin Atlantic to support Joby’s preparations for operation in the UK Agreement builds on Virgin Atlantic’s track record of innovation and award-winning customer service SANTA CRUZ,... Read more


Archer Aviation and Palantir to Build the AI Foundation for the Future of Next-Gen Aviation Technologies

Last Trade: 8.28 -0.54 -6.12

Archer will initially leverage Palantir Foundry and AIP to accelerate the scaling of its aircraft manufacturing capabilities Archer and Palantir plan to work in parallel to develop software for the next-gen of critical aviation systems, including air traffic control, movement control and route planning Archer and Palantir will formalize the partnership later today during a signing ceremony between Palantir... Read more


Blade Air Mobility Announces Fourth Quarter 2024 Results

Last Trade: 3.01 -0.01 -0.33

Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million versus the prior year to $1.2 million in FY 2024(1) Full-year Passenger Segment Adjusted EBITDA of $3.6 million in 2024 represents an $8.6 million increase versus the prior year Q4 revenue increased 14.5% versus the prior year to $54.4 million in 2024. Excluding Canada,... Read more


EHang Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

Last Trade: 22.66 -1.46 -6.05

Record-high quarterly and annual revenues, up 190.2% and 288.5% YoY, respectively Record-high quarterly and annual delivery volume, 216 units in 2024 1st year and 3rd consecutive quarter of non-GAAP profitability1 1st year and 5th consecutive quarter of positive operating cash flow Fiscal year 2025 revenues expected to be around RMB900 million, up 97% YoY GUANGZHOU, China, March 11, 2025 (GLOBE NEWSWIRE)... Read more


Eve Holding Reports Fourth Quarter and FY2024 Results

Last Trade: 3.51 0.13 3.85

MELBOURNE, Fla., March 11, 2025 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2024 earnings results. Year in review Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2024.  With the selection of all flight-critical component suppliers for our eVTOL, we completed the assembly... Read more


Vertical Aerospace’s Landmark Year: Advancing Flightpath 2030 with Strong Momentum

Last Trade: 4.28 -0.09 -2.06

$220M re-financing secured, including balance sheet restructure and upsized $90M public offering, funding operations through 2025 An industry leader in capital efficiency as Vertical advances towards certification and commercialisation Vertical preparing for full-scale piloted wingborne flight following completion of piloted thrustborne testing Third full-scale VX4 prototype assembly underway at partner GKN... Read more


Blade Air Mobility to Partner with Skyports Infrastructure to offer flights Between Downtown Manhattan and JFK Airport

Last Trade: 3.01 -0.01 -0.33

NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”), a technology-powered global air mobility platform, and Skyports Infrastructure (“Skyports”), a leading provider of ground infrastructure for advanced air mobility, announced an alliance today to launch a pilot program that will expand Blade’s existing by-the-seat helicopter transfer service, connecting the Downtown... Read more




Archer Aviation Unveils Midnight “Launch Edition” Commercialization Program with Abu Dhabi Aviation (ADA) As First Customer Planning to Deploy Midnight This Year...

Last Trade: 8.28 -0.54 -6.12

Archer’s Launch Edition program aims to establish a pragmatic and repeatable commercialization playbook to deploy Midnight to dozens of early adopter markets This approach enables Archer to build operational expertise, generate revenue and continue to strengthen long-term demand Abu Dhabi Aviation (ADA) plans to deploy the first Midnight aircraft later this... Read more


Archer Aviation Announces Fourth Quarter & Full Year 2024 Results, Sets Plans For Midnight Commercial Deployments Ahead Of FAA Certification

Last Trade: 8.28 -0.54 -6.12

Unveiled “Launch Edition” commercialization program with Abu Dhabi Aviation (ADA) as its first customer, establishing a playbook to deploy Midnight commercially to dozens of early adopter markets in advance of type certification of the aircraft by the FAA Eyeing strong demand in the defense market and beyond for its planned hybrid aircraft that it is developing under an exclusive partnership with Anduril... Read more


Joby Aviation Reports Record Certification Progress and Delivery of Second Aircraft to US Air Force at Edwards Air Force Base

Last Trade: 6.33 -0.16 -2.47

Joby reports Fourth Quarter and Full Year 2024 results Record progress on stage four of FAA certification Delivery of second aircraft to U.S. Air Force Plans to carry first passengers in late 2025 or early 2026 More than $1B of additional funding and commitments made in the fourth quarter SANTA CRUZ, Calif. / Feb 26, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air... Read more



EHang Partners with JAC Motors and Guoxian Holdings to Build eVTOL Manufacturing Base in Hefei

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Feb. 25, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced a strategic cooperation framework agreement with Anhui Jianghuai Automobile Group Co., Ltd. (“JAC Motors”) and Hefei Guoxian Holdings Co., Ltd. (“Guoxian... Read more


Archer Aviation Receives FAA Certification To Launch Its Pilot Training Academy

Last Trade: 8.28 -0.54 -6.12

Archer received its Part 141 certificate from the Federal Aviation Administration (FAA) This certificate signifies that a flight school is a formally recognized and regulated by the FAA for pilot training Archer can now train and qualify pilots as part of its newly launched pilot training academy with plans to build a pipeline of pilots in preparation for its planned commercial air taxi services Archer has now... Read more



Archer Aviation Raises $300M From Leading Institutional Investors To Accelerate Hybrid Aircraft Platform Development As Defense Opportunities Look Stronger Than...

Last Trade: 8.28 -0.54 -6.12

Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock The additional $300M in equity capital reinforces its already strong financial position as it eyes strong demand in the defense market and beyond for its planned hybrid aircraft Archer has long maintained one of the strongest balance sheets in... Read more


Vertical Aerospace Marks New Era of Progress With Successful Completion of Latest Piloted Testing Phase

Last Trade: 4.28 -0.09 -2.06

Vertical completes Phase 2 of its piloted thrustborne testing with the VX4 prototype exceeding expectations for stability and performance The company is now preparing for the next stage in its testing programme – piloted wingborne flight – a world first for a full-scale tilt rotor eVTOL Update comes as Vertical continues its strong start to the year –... Read more



Vertical Aerospace Announces Closing of Upsized $90M Underwritten Public Offering

Last Trade: 4.28 -0.09 -2.06

LONDON / Jan 24, 2025 / Business Wire / Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the “Offering”) for total gross proceeds of $90 million, before deducting underwriting discounts and commissions and other offering... Read more


EHang Launches UAM Exhibition (Experience) Center in Shenzhen's Luohu District, Showcasing First Automated Smart eVTOL Vertiport for EH216-S

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Jan. 21, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced the launch of its Exhibition (Experience) Center in Shenzhen’s Luohu Sports and Leisure Park. It is the world’s first EH216-S takeoff and landing site... Read more


Vertical Aerospace Announces Launch of Proposed Underwritten Public Offering

Last Trade: 4.28 -0.09 -2.06

LONDON / Jan 22, 2025 / Business Wire / Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $75 million of units (the "Offering”). Each unit consists of one ordinary share and one-half of one Tranche A warrant and one-half of one Tranche B... Read more


EHang’s EH216-S Pilotless eVTOL Completes Debut Flight in Downtown Shanghai, World-Class Central City is Set to Embrace Air Taxi Transportation

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Jan. 16, 2025 (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 flagship pilotless passenger-carrying aerial vehicle EH216-S completed its inaugural demo flight in downtown Shanghai. It served as an excellent... Read more


Vertical Aerospace Appoints Aviation Industry Veteran, Dómhnal Slattery, as Chairman

Last Trade: 4.28 -0.09 -2.06

Mr. Slattery brings over three decades of aviation expertise including founding and scaling two of the leading global aviation finance firms: Avolon and SMBC Aviation Dómhnal rejoins Vertical’s Board having previously led the business in building its industry leading order book and listing on the New York Stock Exchange Vertical announces Chair appointment as it continues to deliver against its Flightpath 2030... Read more


Vertical Aerospace Starts 2025 With Piloted Thrustborne Milestone

Last Trade: 4.28 -0.09 -2.06

Vertical becomes only the second company in the world to achieve piloted thrustborne flight manoeuvres with a full-scale vectored thrust eVTOL aircraft UK Civil Aviation Authority approves final stages of Phase 2 testing Strong start to 2025 as Vertical progresses towards flying full-scale piloted wingborne ahead of transition flight LONDON & NEW... Read more


EHang and China Communications Information & Technology Group Partner to Co-Develop Digital and Ground UAM Infrastructure and Empower Low-Altitude Economy Ecosystem...

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a comprehensive strategic partnership with China Communications Information & Technology Group Co., Ltd. ("CCIT") in the fields of the low-altitude economy and advanced air mobility ecosystem. CCIT is a... Read more


EHang Reaches Cooperation Agreement with Weihai High-Tech Zone in Shandong Province of China to Co-Develop Pilotless eVTOL Industrial Ecosystem

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company, as a leader in the electric vertical takeoff and landing aircraft (“eVTOL”) sector, has signed a project cooperation agreement (the “Agreement”) with the Management Committee of the Torch... Read more



EHang Partners with Beijing Fangshan District Government to Launch National Headquarters for Low-Altitude Emergency Rescue Equipment

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Dec. 26, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the “Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced a strategic partnership with the People’s Government of Fangshan District, Beijing ("Fangshan District Government"). Together, the two parties aim to advance the low-altitude emergency rescue sector by establishing... Read more


Vertical Aerospace Finalises Investment Agreement

Last Trade: 4.28 -0.09 -2.06

Mudrick Capital Management enters into investment agreement to commit up to $50 million of new funding and converts $130 million debt into equity at fixed conversion price Shareholder support paves way for funding round expected to close in Q1 2025 LONDON & NEW YORK / Dec 23, 2024 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology... Read more


EHang Partners with Changan Automobile on Flying Cars to Create an Innovative Way for Personal Transportation

Last Trade: 22.66 -1.46 -6.05

GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer... Read more


Joby Aviation Successfully Conducts First FAA Testing under TIA, Begins Final Phase of Certification Program

Last Trade: 6.33 -0.16 -2.47

Type Inspection Authorization is considered the final phase of aircraft certification ahead of commercial service Tests were completed using an FAA-conforming flight deck in a Joby simulator Company targets 2025 to start TIA flight testing with first FAA-conforming aircraft, currently being built SANTA CRUZ, Calif. / Dec 20, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric... Read more


Vertical Aerospace Releases Third Quarter 2024 Financial Results

Last Trade: 4.28 -0.09 -2.06

LONDON & NEW YORK / Dec 20, 2024 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces its financial results for the third quarter ended September 30, 2024. The third quarter 2024 financial results filing can be found on the Company’s investor relations website. Stuart... Read more


Archer Aviation Completes Construction of High-Volume Manufacturing Facility

Last Trade: 8.28 -0.54 -6.12

Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon cutting ceremony Tooling load-in is already underway ahead of the planned start of initial production beginning in early 2025, with the goal being to ramp... Read more



Joby Aviation Completes First FAA Testing on Major Aircraft Aerostructure

Last Trade: 6.33 -0.16 -2.47

SANTA CRUZ, Calif. / Dec 17, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has completed a landmark series of major aerostructure tests for certification credit with the Federal Aviation Administration (“FAA”). Joby has successfully completed static load... Read more


Joby Aviation Becomes First Company to Fly in Korea’s K-UAM Grand Challenge

Last Trade: 6.33 -0.16 -2.47

SANTA CRUZ, Calif. & GOHEUNG, South Korea / Dec 13, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed a series of flight tests in Korea as part of the K-UAM Grand Challenge. Joby is the first electric air taxi company to complete flights as part of the program, which was launched in 2023... Read more


Archer Aviation Announces Strategic Partnership With Anduril to Develop Hybrid VTOL Military Aircraft; Raises An Additional $430M

Last Trade: 8.28 -0.54 -6.12

Anduril Industries Inc. (“Anduril”) and Archer Aviation Inc. (“Archer”) announced today that they have entered into an exclusive agreement to jointly develop a next-generation aircraft for defense applications. The companies’ first product from this partnership is planned to be a hybrid-propulsion, vertical-take-off-and landing (“VTOL”) aircraft that will target a potential program of record from the United States... Read more


Jetex and Joby Aviation Partner to Advance Sustainable Air Mobility

Last Trade: 6.33 -0.16 -2.47

Joby service to be integrated into Jetex’s network of flagship private terminals Joby charging stations to be installed at Jetex sites across Middle East Partnership lays the groundwork for a global rollout of sustainable air taxi infrastructure SANTA CRUZ, Calif. & DUBAI, United Arab Emirates / Dec 10, 2024 / Business Wire / Joby Aviation, Inc.... Read more

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