Major automakers and airlines are heavily investing in eVTOL companies like Archer Aviation and Joby Aviation.
8 reports, 3 independent
Updated Sep 16
Gone quiet
- Reports
- 8
- Developments
- 9
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Major automakers and airlines are heavily investing in eVTOL companies like Archer Aviation and Joby Aviation.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.FAA has not approved commercial flights for either Archer or Joby, despite major backing.1 source
- Uber, Stellantis, and United Airlines plan to launch first-party air taxi services, with Stellantis acting as the biggest investor and production partner.Sub-event
Stellantis is providing manufacturing support to Archer, while Toyota maintains deep ties with Joby Aviation.1 source
- High-profile investors, including Paul Tudor Jones and Ken Griffin, increased their stakes in eVTOL companies Archer Aviation and Joby Aviation.Sub-event
- Toyota has a pending investment in Archer Aviation, an eVTOL leader, while Joby Aviation also operates in the growing urban air travel market.Sub-event
- Archer Aviation and Joby Aviation are competing in the urban air travel market, with Midnight being Archer's flagship aircraft.Sub-event
- United Airlines led early investment in Archer Aviation, which is headquartered in San Jose and uses a flight test facility in Salinas.Sub-event
Stellantis, Toyota, and Delta are major backers of eVTOL companies Archer and Joby.1 source
Show 1 earlier step
- BlackRock and State Street hold stakes in Archer, which is also targeting commercial flights in the UAE.
Keep exploring
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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Stellantis
Franco-Italian-American multinational automotive manufacturer
Related events
- Both Archer Aviation and Joby Aviation are leading the eVTOL industry.
- Toyota is a major investor and partner in Joby, which is seeking multi-stage certification for commercial eVTOL flights with the FAA, supported by Delta.
- Joby Aviation is progressing aviation partnerships with major companies including Toyota, Delta Air Lines, and ANA Holdings.
- 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- yahoo.com
- fool.com
- Motley FoolArcher Aviation vs. Joby Aviation: The eVTOL Winner Might Surprise You Archer and Joby both plan to disrupt the helicopter market. But neither company is mass producing eVTOL aircraft yet. Both stock
- Motley FoolWhy Archer Aviation Stock Plummeted Today A judge ruled that a shareholder lawsuit related to Archer's SPAC merger will proceed. Stellantis, a major backer of Archer, reported preliminary numbers sho
- Motley FoolArcher Aviation Stock Is Plummeting Today -- Is It Time to Buy? Archer Aviation stock is sinking today following news that legal claims regarding its SPAC merger will advance. The company's share pri
- Unknown outlet