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Blog Archives - 4 Record(s)

Remove Filter Year: '2021' - Month: '2'

SPACtacular Financing: Billions Coming for eVTOL

SPACtacular Financing: Billions Coming for eVTOL

  • 24 Feb 2021 04:13 PM
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A year after the electric vertical takeoff and landing (eVTOL) aircraft industry saw its first start-up valued at more than $1B (see “The First Electric VTOL Unicorn: Joby Aviation,” Vertiflite, March/April 2020), a growing number of companies across the advanced air mobility (AAM) industry are looking to merge with a Special Purpose Acquisition Company (SPAC) that is already publicly traded to raise the funds necessary to bankroll future growth.

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Coming to Terms: Aircraft Survivability is Revered — But What About Availability?

Coming to Terms: Aircraft Survivability is Revered — But What About Availability?

  • 18 Feb 2021 04:01 PM
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Most consider aircraft survivability only about reduction of aircraft radar signature, or radar cross section (RCS), through shaping and materials. Lowered RCS reduces the range at which a threat radar can detect, locate and identify a target, ideally reduced to a range so small that one can act with impunity — a significant military advantage.

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Archer, A Leading UAM Company, To List On NYSE Through Merger With Atlas Crest Investment Corp

Archer, A Leading UAM Company, To List On NYSE Through Merger With Atlas Crest Investment Corp

  • 10 Feb 2021 06:00 AM
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Archer, a leading Urban Air Mobility (“UAM”) company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company.

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Joby Aviation Generates First Revenue, Takes Key Step Towards Certifying Aircraft

Joby Aviation Generates First Revenue, Takes Key Step Towards Certifying Aircraft

  • 09 Feb 2021 07:11 AM
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Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing (‘eVTOL’) aircraft, which it intends to operate as a commercial passenger aircraft from 2024, today announced that it has begun generating revenue as part of achieving another major milestone in the Agility Prime program.

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