Tag: electric aircraft

The air taxi market prepares to take flight

Twelve years ago, Joby Aviation consisted of a team of seven engineers working out of founder JoeBen Bevirt’s ranch in the Santa Cruz mountains. Today, the startup has swelled to 800 people and a $6.6 billion valuation, ranking itself as the highest-valued electric vertical take-off and landing (eVTOL) company in…

Read More

Archer Aviation reveals 2-seater demonstration aircraft, a “stepping stone” toward commercial operations

Archer Aviation unveiled its autonomous electric two-seater aircraft dubbed “Maker” on Thursday, which it will use for testing as it works towards certification of a larger piloted five-seater announced in March 2020. The aircraft unveiled on Thursday is not what would take to the skies should the company reach commercial…

Read More

Kitty Hawk ends Flyer program, shifts focus to once-secret autonomous aircraft

Kitty Hawk is shutting down its Flyer program, the aviation startup’s inaugural moonshot to develop an ultralight electric flying car designed for anyone to use. The company, backed by Google co-founder Larry Page and led by Sebastian Thrun, said it’s now focused on scaling up Heaviside, a sleeker, more capable…

Read More

Modified Cessna is the ‘largest’ electric aircraft to take flight

Electric aircraft are ever so slightly closer to becoming a practical reality for travel. Magnix and AeroTEC have flown what they say is the world’s largest all-electric aircraft. Their modified Cessna 208B Grand Caravan, the “eCaravan,” flew for 30… Source

Read More

Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to…

Read More

Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to…

Read More