Archer Aviation Inc. $ACHR, a leading U.S.-based electric air taxi manufacturer, announced it has secured $850 million in fresh capital, marking one of the largest private funding rounds in the advanced air mobility (AAM) sector. The announcement comes shortly after a series of executive orders signed by former U.S. President Donald Trump aimed at accelerating the deployment of electric vertical takeoff and landing (eVTOL) aircraft, reinforcing national security against drone threats, and supporting the re-emergence of supersonic commercial aviation.
Vertical Aerospace, a British developer of electric vertical take-off and landing (eVTOL) aircraft, announced on Thursday the expansion of its collaboration with Bristow Group $VTOL —a move that underscores the accelerating momentum in the urban air mobility (UAM) sector.
Beta Technologies has become the first American company to successfully land a fully electric aircraft in the New York-New Jersey metropolitan area, marking a significant breakthrough in sustainable aviation. The flight, which touched down at John F. Kennedy International Airport (JFK), lasted 45 minutes and carried a pilot along with four passengers, according to statements from the company and port authorities. This achievement underscores growing momentum within the transport sector toward eco-friendly, electrically powered aircraft.
Beta Technologies, a pioneering U.S. aerospace company, has achieved a historic milestone by successfully landing a fully electric aircraft at John F. Kennedy International Airport (JFK) in the New York-New Jersey metropolitan area. The flight, which lasted 45 minutes with a pilot and four passengers onboard, marks a significant advancement in the adoption of electric aviation technologies for urban and regional transport.
Brazilian aerospace manufacturer Embraer $ERJhas announced plans to invest a substantial 20 billion Brazilian reais (approximately $3.47 billion) into the country’s economy by 2030. The announcement was made by the company’s CEO, Francisco Gomes Neto, during an event in the nation’s capital, Brasília, alongside Brazilian President Luiz Inácio Lula da Silva.
