The biennial Farnborough International Airshow, held in England on July 18–22, provided a few of the leading electric vertical takeoff and landing (eVTOL) developers a high-profile stage for a flurry of announcements.
In the seven and a half years since the Vertical Flight Society (VFS) held its first Transformative Vertical Flight (TVF) symposium on electric vertical takeoff and landing (eVTOL) aircraft in 2014, the electrification of the air transport industry has become a global movement touching almost every aviation segment and continent including Asia.
Leading developers of electric vertical takeoff and landing (eVTOL) aircraft have raised financing to support the development, flight testing, certification, manufacturing and commercial entry into service of their innovative aircraft.
Archer Aviation, the California-based eVTOL manufacturer, began trading on the New York Stock Exchange (NYSE) on Sept. 17, a day after Atlas Crest Investment Corp. announced the completion of the SPAC merger with Archer.
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