Archer Aviation

The surge in EHang’s shares do not appear to be tied to any specific catalyst.

Alongside its financial results for the 2024 fourth quarter (Q4), Archer shared new details around its “Launch Edition” initiative.

Robinson Helicopter Company debuted in the index’s No. 8 slot, with a score of 7.5/10.

Our roundup of the main aerospace and defense stories making the news this week.

Excluding China, the 60 largest eVTOL startups have raked in a combined total of $13 billion since their inception.

The certification allows Archer to train and qualify pilots at its new academy.

Both Archer Aviation and Joby Aviation are racing to launch air taxi service in the United Arab Emirates.

The Gulf state, home to Dubai and Abu Dhabi, aims to define aerial corridors and regulations within the next 20 months.

As updates continue to fly out from advanced air mobility startups, Aviation Week editors are joined by consultant Sergio Cecutta to cut through the noise and assess where the fledgling market is at.

The equity round was led by major institutional investors including Blackrock.

The UK air taxi startup Vertical Aerospace plunged 60% last month to $5.13, by far the biggest loss in the index.

Airbus Helicopters CEO Bruno Even said Jan. 27 that development of the CityAirbus NextGen urban air taxi will be paused at the end of the year.

Manufacturers including Archer and Joby have pushed back against the report’s conclusions.

Without a blueprint, startups plan to start small with existing infrastructure then build out vertiports as volume increases.

China’s EHang has joined the European Union-funded Urban Supply Aerial Vehicles for Emergencies (U-SAVE) project.

The sector seems more real than ever as eVTOL-makers ramp up production of full-scale aircraft.

With the first eVTOL air taxis expected to enter into service as soon as this year, industry stakeholders are racing to assemble the pieces for a smooth launch.

The FAA plans to conduct additional flight testing with eVTOL OEMs as it works to develop unified performance-based design rules for vertiports and heliports.

The introduction of the downwash caution area (DCA) was the result of flight surveys of multiple prototype eVTOL aircraft for the FAA.

Archer finished 2024 at $9.75, up 59% from its 2023 result of $6.14, boosted by a better than 200% share price surge that began in November.

Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.

Archer has announced that construction of its high-rate manufacturing facility in Covington, Georgia, has been completed.

Europe’s air taxi startups have fallen behind their U.S. rivals, and the gap appears to be growing.

Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.

The AAM Reality Index evaluates companies’ likelihood of success in bringing an advanced air mobility aircraft to market.