eVTOL
Coverage of eVTOL in the Nexus archive.
- Archer stock rips 20% higher as company unveils military craft with Anduril
Archer's stock surged 20% after the company unveiled a military craft in collaboration with Anduril. The company is competing with eVTOL peers to secure FAA certification for commercial air taxi operations.
- Roundup: Fed report / Air taxis / $7B healthcare acquisition
The Federal Reserve reported persistent inflation above its 2% target, driven by tariffs and other factors, while the economy remains resilient. Beta Technologies is advancing in the eVTOL air taxi initiative with government projects, and Warburg Pincus is acquiring Pantherx Rare, a specialty pharmacy company, for over $7 billion.
- ePlane unveils India’s first full scale eVTOL prototype
ePlane has unveiled India's first full-scale eVTOL prototype. The prototype is a significant development in the electric vertical takeoff and landing aircraft sector.
- Flying taxi companies are racing to carry passengers as soon as this year. I've seen all 3 rivals — this is how they compare
Joby Aviation, Archer Aviation, and Beta Technologies are competing to commercialize electric vertical takeoff and landing (eVTOL) flying taxis, with Joby and Archer targeting 2026 certification. They face challenges like regulatory approval, infrastructure development, and public acceptance, while their stocks have declined this year as investors prioritize certification and commercialization proof.
- I saw a futuristic electric air taxi that costs $28 an hour to fly. Meet the Alia 250.
Beta Technologies is developing the Alia 250 electric air taxi, which costs $28 per hour to operate and aims to provide cheaper, quieter urban air mobility. The company plans to certify the aircraft for routes like city-to-airport, positioning it as a competitor to helicopters.
- I flew on a startup's one-of-a-kind electric plane that could reshape air travel by 2027
Beta Technologies' electric Alia CX300 aircraft, showcased during a media flight, aims to revolutionize regional air travel by 2027. The company plans to transition short-haul routes to electric aviation but faces challenges in certification, infrastructure, and public acceptance.