High-profile investors, including Paul Tudor Jones and Ken Griffin, increased their stakes in eVTOL companies Archer Aviation and Joby Aviation.
1 report, 1 independent
Updated Jul 22
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What happened
High-profile investors, including Paul Tudor Jones and Ken Griffin, increased their stakes in eVTOL companies Archer Aviation and Joby Aviation.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Major automakers and airlines are heavily investing in eVTOL companies like Archer Aviation and Joby Aviation.Also in this story
- Archer Aviation and Joby Aviation are competing in the urban air travel market, with Midnight being Archer's flagship aircraft.
- United Airlines led early investment in Archer Aviation, which is headquartered in San Jose and uses a flight test facility in Salinas.
The entities involved
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Archer Aviation
American electric aircraft manufacturer
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Joby Aviation
American aerospace company
Nothing else this week.
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Amazon
American multinational technology company
Related events
- Both Archer Aviation and Joby Aviation are leading the eVTOL industry.
- Archer Aviation and HEICO are American industrial companies that design and sell products in the United States.
- Archer Aviation received three businesses from Boeing in exchange, and the company benefits from Insitu's drone technology.
Coverage
Newest first; wire copies grouped- Motley FoolBillionaires Are Buying 3 Brilliant Stocks Shaping the Future of Technology The technology sector outperformed the broader S&P 500 by more than 400 percentage points during the last decade. Amazon's