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Evtol

All articles tagged with #evtol

Joby’s NYC eVTOL demo targets ride-share–style pricing
technology29 days ago

Joby’s NYC eVTOL demo targets ride-share–style pricing

Joby Aviation completed point‑to‑point electric air taxi demonstrations in New York, flying from JFK to Midtown heliports in under 10 minutes as part of a week‑long public campaign. The company says the service could link vertiports, airports, and communities across the NYC metro area, with a price point aimed to be competitive with ground transportation over time. Officials hailed the tests as a milestone for advanced air mobility, while the aircraft are designed for zero emissions and lower noise than helicopters.

via Fox News|
#air-taxi#evtol#joby-aviation
Joby Demonstrates 10-Minute JFK-to-Manhattan Air Taxi in NYC Demo
transportation29 days ago

Joby Demonstrates 10-Minute JFK-to-Manhattan Air Taxi in NYC Demo

Joby Aviation is conducting a 10-day NYC demo of its electric air taxis on real routes, flying from JFK to Lower Manhattan and Midtown in under 10 minutes. The flights are not open to passengers yet but are part of the FAA's eVTOL Integration Pilot Program to accelerate certification; Joby aims to launch passenger flights in New York, Texas, and Florida in the second half of 2026, pending final approvals, following earlier demos in the San Francisco Bay Area.

via Engadget|
#air-taxi#evtol#faa
New York runs a test flight for electric air taxis linking Manhattan to JFK
technology29 days ago

New York runs a test flight for electric air taxis linking Manhattan to JFK

Joby Aviation kicked off a 10-day FAA-backed eVTOL pilot in New York City, conducting demonstration flights between Manhattan heliports and JFK to explore five-seat electric air taxis that could shuttle riders in under 10 minutes. The effort, which involves Blade, Delta, and Uber partnerships, aims to inform future regulations and certification as urban air mobility expands globally.

via CNN|
#evtol#faa-certification#jfk-airport
Eight-city FAA program advances real-world tests of electric air taxis
technology2 months ago

Eight-city FAA program advances real-world tests of electric air taxis

The FAA-approved eight pilot projects across 26 states will test electric vertical takeoff and landing aircraft, air taxi routes, cargo and medical missions as part of the Advanced Air Mobility/eVTOL Integration Pilot Program, with partners including Archer, Joby, BETA and Electra. Operations begin this summer to generate data for future regulations, highlighting U.S. efforts amid global competition with China; Los Angeles was not selected as a test site, and Archer and Joby are contesting ties to China in a separate lawsuit.

via Axios|
#advanced-air-mobility#archer-aviation#evtol
US to Trial Urban Air Taxis Across Eight Regions This Summer
technology2 months ago

US to Trial Urban Air Taxis Across Eight Regions This Summer

The U.S. Department of Transportation announced a three-year pilot program to test ultralight and electric vertical takeoff and landing (eVTOL) aircraft—often described as 'flying cars'—in eight regions starting as early as June, carrying passengers and cargo before full FAA certification. Companies including Archer Aviation, Beta Technologies, Joby Aviation, and Electra will demonstrate aircraft that require little space to take off and land, potentially offering quieter, cheaper, and lower-emission options with some autonomous capabilities. The FAA stresses the program is to inform future standards and policy, not bypass certification, as the industry eyes a broader deployment by 2028 and competition with international efforts in China and Dubai.

via WIRED|
#evtol#faa-certification#flying-cars
Archer Aviation’s 2026 Loss Outlook Weighs on Shares as FAA Certs Loom
business2 months ago

Archer Aviation’s 2026 Loss Outlook Weighs on Shares as FAA Certs Loom

Archer Aviation reported a $137.9 million EBITDA loss on sales under $1 million and forecast a Q1 2026 EBITDA loss of $160–$180 million with full-year losses around $500 million on about $31 million in revenue; FAA certification could come as early as late 2026, and the company holds roughly $2 billion in liquidity, but the earnings miss and cautious outlook drove the stock lower, with mixed analyst views and targets, while profitability is not expected until 2029 as sales grow.

via Barron's|
#archer-aviation#business#earnings
Cathie Wood Reweights Bets: Archer Aviation Up, Palantir Down
business4 months ago

Cathie Wood Reweights Bets: Archer Aviation Up, Palantir Down

Cathie Wood trimmed Palantir shares and bought Archer Aviation, signaling a shift from Palantir's AI software growth to Archer's early-stage eVTOL potential. Palantir has shown AI-driven growth via its AIP but faces valuation concerns and a mixed analyst view (Jefferies Underperform, consensus Neutral). Archer is progressing toward Midnight certification, expanding partnerships (Stellantis, United Airlines, Anduril) and leveraging a cash-rich balance sheet, with Dayal (HC Wainwright) naming it a Buy and a high 12-month target. Wood's trades include about $76.9 million sold of PLTR and roughly $11.6 million purchased of ACHR, underscoring her tilt toward disruptive AI and urban mobility while remaining wary of rich valuations.

via TipRanks|
#archer-aviation#arkk#business
Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives
business8 months ago

Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives

Shares of Joby and Archer Aviation surged after announcing their participation in the White House's eVTOL testing program, which aims to accelerate the adoption of electric vertical takeoff and landing vehicles, seen as a step toward commercial flying car services. The program, initiated by President Trump, allows mature eVTOL companies to operate in select markets before full FAA certification, boosting investor confidence in these companies' future growth.

via Barron's|
#archer-aviation#business#evtol