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Latest eVTOL News


Abu Dhabi and Archer Aviation Announce Agreement With Cross-Industry Stakeholders To Launch First Commercial Electric Air Taxi Flights

Last Trade: 8.31 0.65 8.49

The partnership brings together key entities across the aviation sector in Abu Dhabi, with Archer Aviation Inc. (‘Archer’) serving as the primary eVTOL aircraft manufacturer for the Emirate’s planned electric air taxi operations Agreement positions Archer as the first in Abu Dhabi to establish manufacturing capabilities Abu Dhabi Investment Office (ADIO) to facilitate the safe launch of commercial eVTOL... Read more



Joby Aviation Receives FAA Approval for Part 141 Flight Academy

Last Trade: 8.84 0.75 9.27

Flight Academy will help to establish a pipeline of qualified pilots in advance of commercial operations Joby was also accepted into the FAA Part 5 Voluntary Safety Management System (SMS) for Air Operations Company completes two requirements to launch commercial operations SANTA CRUZ, Calif. / Dec 03, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for... Read more


Vertical Aerospace Announces $50 Million in New Funding as Part of $180 Million Transaction That Will Strengthen Its Financial Position and Advance Its...

Last Trade: 8.40 0.77 10.09

Vertical Aerospace secures agreement under which Mudrick Capital will commit up to $50 million in the next equity round, promoting financial stability. Transaction is expected to add approximately $180 million to Vertical’s balance sheet, including through the conversion of approximately $130 million of debt into equity, significantly reducing Vertical’s debt. The conversion price of the remaining convertible... Read more



Inspirato Partners with BLADE Urban Air Mobility to Enhance Member Travel Experiences

Last Trade: 4.72 0.33 7.52

DENVER, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the premier members-only luxury vacation club, announced a strategic partnership with BLADE Urban Air Mobility (“BLADE”), a pioneering leader in short-distance aviation. This collaboration provides Inspirato members with access to BLADE’s helicopter services, bringing them closer to Inspirato’s luxury... Read more


EHang Reports Third Quarter 2024 Unaudited Financial Results

Last Trade: 15.09 0.23 1.55

Record-High Quarterly Revenues, Up 347.8% YoY Achieved Quarterly Adjusted Operating Income2 (non-GAAP) and the Second Consecutive Quarter of Adjusted Net Income3 (non-GAAP) Maintained Positive Operating Cash Flow for the Fourth Consecutive Quarter Over US$22 Million Strategic PIPE Investment to Further Strengthen Liquidity Significant eVTOL Sales and Operational Progress in Pioneering Chinese Cities New... Read more


EHang Partners with Sunriver to Expand Chinese Cultural Tourism Market with Purchase Plan for 50 Units of EH216-S

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Nov. 15, 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 it has signed a cooperation framework agreement (“Agreement”) with Zhejiang Sunriver Culture and Tourism Co., Ltd. (“Sunriver”, 600576.SH), a China A-share listed company, to explore an industrial model... Read more




EHang and Inx Achieve Breakthrough in Solid-State Battery Technology: EH216-S Completes World’s First eVTOL Solid-State Battery Flight Test

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Nov. 13, 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 a significant breakthrough in the development of high-energy solid-state battery technology, in collaboration with the Low-Altitude Economy Battery Research Institute of the Hefei International Advanced... Read more


EHang Launches Urban Air Mobility Hub at Luogang Central Park in Hefei to Drive Low-Altitude Economy

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Nov. 13, 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 the launch of a UAM Hub (the “Hub”) at Luogang Central Park in Hefei, Anhui Province, marking the second vertiport established in Luogang Park following the opening of the Urban Air Mobility Operations Center... Read more


Joby Aviation Announces Beginning of Work on First Dubai Vertiport

Last Trade: 8.84 0.75 9.27

 SANTA CRUZ, Calif. / Nov 12, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that construction has begun on the first vertiport in its planned Dubai air taxi network. Situated at Dubai International Airport (“DXB”), the vertiport is being constructed by Joby partners Dubai Road and Transport Authority (“RTA”) and... Read more


Vertical Aerospace: VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight Testing

Last Trade: 8.40 0.77 10.09

Vertical’s VX4 prototype begins untethered, piloted thrustborne testing following expansion of Permit to Fly from the UK Civil Aviation Authority. Phase 2 of testing includes vertical take-off and landing and low-speed flight manoeuvres. The VX4 prototype has completed nearly 90 test points, measuring 35,000 flight and system parameters, producing several thousand gigabytes of data. LONDON & NEW YORK / Nov... Read more


Blade Air Mobility Announces Third Quarter 2024 Results

Last Trade: 4.72 0.33 7.52

Operating Cash Flow increased by $4.3 million to $6.4 million in Q3 2024; Free Cash Flow, Before Aircraft Acquisitions, increased by $2.4 million to $3.7 million in Q3 2024(1) Medical Segment Adjusted EBITDA improved 15.1% in Q3 2024 versus the prior year Passenger Segment Adjusted EBITDA increased by $2.8 million and we achieved trailing twelve month Segment Adjusted EBITDA profitability in Q3 2024, well ahead... Read more


EHang and Enpower Form Strategic Partnership for Advanced eVTOL Integrated Electric Motor Drive Systems

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Nov. 11, 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 a long-term strategic partnership and technology development cooperation with Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a pioneer in new energy vehicle (“NEV”) power systems, to co-develop... Read more


EHang: EH216-S Pilotless eVTOL Completes Debut Passenger Flights in Thailand, with Flights Tests and Commercial Operations Forthcoming

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Nov. 08, 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 EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft completed debut passenger flights in Thailand at the renowned Queen Sirikit National Convention Center in central Bangkok. The... Read more


Japan Airlines’ and Sumitomo Corporation’s Joint Venture Company, Soracle, Announces Agreement Including Intended Purchase Of Up To $500M of Electric Aircraft...

Last Trade: 8.31 0.65 8.49

SANTA CLARA, Calif. / Nov 07, 2024 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) and Soracle Corporation (Soracle), a joint venture newly established by Japan Airlines and Sumitomo Corporation, signed agreements focused on bringing advanced air mobility (AAM) services to Japan. Soracle plans to launch its AAM operation in Japan using Archer’s Midnight... Read more


Archer Aviation Announces Third Quarter 2024 Results, Demonstrating Manufacturing, Certification and Commercial Launch Momentum

Last Trade: 8.31 0.65 8.49

Manufacturing facility set for completion in the coming weeks, focus going into 2025 is on building piloted, type-design aircraft for use in testing and early commercial deployment Nearing completion of Phase 3 of the FAA’s type certification process while continuing to rapidly advance Phase 4, the final phase to secure type certification Established a consortium led by the Abu Dhabi Investment Office (ADIO) to... Read more


Joby Reports Third Quarter 2024 Results

Last Trade: 8.84 0.75 9.27

SANTA CRUZ, Calif. / Nov 06, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a next-generation aviation company, today issued its Third Quarter 2024 Shareholder Letter detailing the Company’s operational and financial results for the period ending September 30, 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 p.m. ET) today. Third Quarter... Read more


Toyota and Joby Complete First Air Taxi Flight in Japan

Last Trade: 8.84 0.75 9.27

Flight took place at Toyota’s facility in Shizuoka Marks Joby’s first international exhibition flight Follows announcement that Toyota will invest a further $500 million to support certification and commercial production of Joby’s aircraft SUSONO, Japan & SANTA CRUZ, Calif. / Nov 04, 2024 / Business Wire / Toyota Motor Corporation (Toyota; NYSE:... Read more


Eve Holding Reports Third Quarter 2024 Results

Last Trade: 4.46 0.17 3.96

MELBOURNE, Fla., Nov. 4, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its Third 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 aircraft development, Customer Services and Vector, an... Read more


EHang and Civil Aviation Flight University of China Form Strategic Partnership to Jointly Develop Professional Talents and Vocational Training for Large Civil...

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Oct. 30, 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 it has entered into a strategic partnership with the Civil Aviation Flight University of China (the “CAFUC”). Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent... Read more


Joby Aviation Launches Public Offering of Common Stock

Last Trade: 8.84 0.75 9.27

SANTA CRUZ, Calif. / Oct 24, 2024 / Business Wire / Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced today that it has launched an underwritten public offering to sell up to $200.0 million of its shares of common stock. All of the shares of common stock are being offered by Joby. In addition, Joby intends to grant the underwriters a 30-day option to... Read more


Lilium, GE Aerospace partner to deliver eVTOL flight safety

Last Trade: 0.05 0.00 0.00

Two companies combining their flight data and analytics platforms to inform eVTOL flight safety standards Lilium to deploy GE technology to all Lilium Jet operators, starting with Lilium’s own flight test campaign GE Aerospace’s Event Measurement System (EMS) is used globally by 60 airlines and more than 500 business jet operators LAS VEGAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- With eVTOLs on the cusp of taking... Read more


Joby Aviation Welcomes Publication of New Operating Regulations by FAA

Last Trade: 8.84 0.75 9.27

SANTA CRUZ, Calif. / Oct 22, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today welcomed the release of new rules designed to enable the operation of Joby’s revolutionary aircraft in the United States. Published by the Federal Aviation Administration (“FAA”), the Special Federal Aviation Regulation (“SFAR”) establishes requirements... Read more


Toyota To Invest $500 Million in Joby Aviation

Last Trade: 8.84 0.75 9.27

Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025 Funds will support certification and commercial production of Joby's electric air taxi Investment terms to include plans to establish a manufacturing alliance for the first phase of commercialization Will bring total investment from Toyota... Read more


Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight

Last Trade: 0.05 0.00 0.00

Systems power-on paves the way for start of Lilium Jet ground testing campaign The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025 MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in... Read more


Lilium Debuts Jet in U.S. at Houston Hobby Airport and Signs Infrastructure Partnership with Galaxy FBO

Last Trade: 0.05 0.00 0.00

Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBO Galaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area facilities – Houston Hobby Airport, Conroe North Houston Regional Airport, and The Woodlands Heliport Lilium is collaborating with The Greater Houston Partnership to host a discussion with... Read more


EHang EH216-S Pilotless eVTOL Completes First Flight in Brazil

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Sept. 24, 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 a major milestone with the successful completion of the first flight of its EH216-S pilotless eVTOL in Brazil. EH216-S completed the first flight in... Read more


Vertical Aerospace Announces First Half-Year 2024 Financial Results

Last Trade: 8.40 0.77 10.09

LONDON & NEW YORK / Sep 17, 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, announces its financial results for the first half of the year ended June 30, 2024. Vertical has also issued a shareholder letter in conjunction with the filing of its first half-year results, which is... Read more


Brazil and China Strengthen Cooperation on Civil Aviation Airworthiness: EHang’s EH216-S Pilotless eVTOL Obtains Experimental Flight Authorization Certificate...

Last Trade: 15.09 0.23 1.55

GUANGZHOU, China, Sept. 16, 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 its EH216-S pilotless electric Vertical Take-Off and Landing (“eVTOL”) aircraft system has obtained an Experimental Flight Authorization Certificate (“CAVE”) from Brazil’s National Civil Aviation Agency... Read more


Vertical Aerospace New VX4 Prototype Completes Phase 1 of Piloted Testing

Last Trade: 8.40 0.77 10.09

Phase 1 included tethered flights, ground taxi testing and high-powered ground runs, all with a pilot on board. Vertical is now preparing to progress to piloted untethered thrustborne testing, as soon as it receives permission from the UK Civil Aviation Authority (CAA). The VX4 went from its first powered ground test to 'wheels up’ in just one week – three times faster than the previous prototype. LONDON &... Read more


Lilium Welcomes Aerospace Industry Veteran Philippe Balducchi to Board of Directors

Last Trade: 0.05 0.00 0.00

Philippe Balducchi is CFO of KNDS, one of Europe’s largest defense companies Previously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North America Appointment due at EGM on September 18, 2024 MUNICH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced changes... Read more


Joby Aviation Applies to Become First Certified Electric Air Taxi Operator in UAE

Last Trade: 8.84 0.75 9.27

SANTA CRUZ, Calif. / Sep 10, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has taken the first step towards becoming a certified air taxi operator in the United Arab Emirates. During the International Civil Aviation Organization’s inaugural Advanced Air... Read more


Blade Air Mobility extends its airline agreements through its partnership with Qatar Airways, allowing passengers to fly from anywhere in the world straight to...

Last Trade: 4.72 0.33 7.52

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “BLADE”), a global Urban Air Mobility company that runs scheduled flights year-round between Nice and Monaco every 30 minutes, announces its interline partnership with leading global airline, Qatar Airways. This partnership enables Qatar Airways passengers to travel to or from Monaco on a single ticket, seamlessly connecting from... Read more


Archer Aviation Surpasses 400 Test Flights This Year, Achieving Company Milestone Four Months Ahead Of Schedule

Last Trade: 8.31 0.65 8.49

SANTA CLARA, Calif. / Sep 03, 2024 / Business Wire / Today Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four months ahead of schedule. The 400 plus flights were conducted over the last eight months as the company ramps flight test operations in advance of for-credit flight testing with the FAA. Adam Goldstein,... Read more


EHang Reports Second Quarter 2024 Unaudited Financial Results

Last Trade: 15.09 0.23 1.55

Quarterly Revenues Up 919.6% YoY, Highest Growth Rate in Company History Achieved Quarterly Adjusted Net Income3 (non-GAAP) Maintained Positive Operating Cash Flow for the Third Consecutive Quarter Strengthened Liquidity Position with US$76.2 Million Raised Year-to-Date through an At-the-Market Equity Offering, Which Will Not Continue for Remainder of 2024 Secured EH216-S Production Certificate from CAAC for... Read more


Lilium Starts Integration Testing of Lilium Jet Electrical Power System

Last Trade: 0.05 0.00 0.00

Key milestone towards verification of safety of flight and type-certification of the Lilium Jet New lab precisely replicates the Lilium Jet’s electric powertrain from battery pack to engine MUNICH, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first phase of integration testing of the... Read more


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