Volare Aviation subsidiary eVolare has signed binding purchase agreements with Lilium for four aircraft and reserved an additional 12 production slots.
It marks the latest effort by Joby to expand into the Middle East, having previously announced plans to operate its S4 air taxis in Abu Dhabi and Dubai.
The AAM Stock Composite was mostly flat during the week ending April 19, as a rise in EHang’s share price offset weakness elsewhere in the unweighted index.
A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service
AeroHT is developing the Land-based Aircraft Carrier, an all-electric, five-passenger off-road SUV that carries a two-passenger multirotor eVTOL in its trunk.
The CarryAll is the first version of AutoFlight’s planned Prosperity family of 2,000-kg gross weight eVTOL uncrewed cargo and piloted passenger aircraft.
