Archer Aviation and Joby Aviation are competing in the urban air travel market, with Midnight being Archer's flagship aircraft.
2 reports, 2 independent
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New informationRepeats or wire copies
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What happened
Archer Aviation and Joby Aviation are competing in the urban air travel market, with Midnight being Archer's flagship aircraft.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Joby's production capacity increase is noted as a factor boosting Archer's company valuation.Sub-event
Archer and Joby are competing in the urban air travel market.1 source
Keep exploring
Part of
Major automakers and airlines are heavily investing in eVTOL companies like Archer Aviation and Joby Aviation.Also in this story
- Uber, Stellantis, and United Airlines plan to launch first-party air taxi services, with Stellantis acting as the biggest investor and production partner.
- High-profile investors, including Paul Tudor Jones and Ken Griffin, increased their stakes in eVTOL companies Archer Aviation and Joby Aviation.
The entities involved
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Archer Aviation
American electric aircraft manufacturer
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Joby Aviation
American aerospace company
- Joby Aviation is advancing its eVTOL operations through demonstrations and planning flights across multiple states, including Florida, North Carolina, Arizona, Idaho, and New York City.
- Joby Aviation and Beta Technologies opened an eVTOL Integration Pilot Program, with Joby's flights supporting the Florida Department of Transportation's Aerial Highway Network.
Coverage
Newest first; wire copies grouped- fool.com
- Motley FoolIs Archer Aviation Stock a Buy Now? The company's flagship aircraft, the Midnight, recently took its longest test flight yet. Archer boasts heavyweight partners and potential deals with the Defense D