Delta and United Airlines are teaming with eVTOL makers Joby, Archer, and Eve – elevating ways to get to and from their airports. The newly-formed alliances will make airline travel a little less tedious and eliminate the often long and sometimes frustrating drives between flights. Delta and Joby Delta Air Lines will invest $60 million in a partnership with Joby Aviation in return for a two-percent stake in Joby and a seat on its board. Joby can receive another $140 million if it meets “certain milestones.” The selling points of convenience and time saving could certainly entice prospective customers. Initially set up as premium services in New York City and Los Angeles, passengers would still rely on automobiles or shuttles to get them from home or office to a heliport (eventually to be a “vertiport”). There, the passenger boards a Joby five-seat tiltrotor aircraft and flies to the airport in around 10 minutes – a huge time saving over ground …
Following the Sky Taxi Money: eVTOLs
As though by magic, money from Wall Street, venture capitalists and other investors show a growing interest and cash flow in sky taxis. It started on August 11 with JoeBen Bevirt of JOBY ringing the bell that starts trading on the stock market floor. As one web site points out, it’s up to the discretion of the New York Stock Exchange (NYSE) as to who gets to ring the bell and, “Only those companies with stocks or exchange-traded funds (ETFs) listed on the exchange can ring the bell.” We’ll look at a sampling of companies making electric Vertical Take Off and Landing (eVTOL) vehicles and selling in domestic and foreign markets for an overview of what’s hot. Later, we’ll look at the inroads being made by makers of fixed-wing aerial vehicles in the nascent regional market. Archer “The closing of the business combination (with Atlas Crest Investment Corp.) generated $857.6 million of gross proceeds, which will help fund Archer’s vision …
Archer Debuts – Meet Its Maker
Immersive Introduction Amidst stage smoke and Hollywood-style dazzling lights, Archer Aviation “flew” its Maker into public view two weeks ago. On an immersive cinema platform in a hangar in Hawthorne, California, Maker emerged amid all the pounding two drummers could produce. It seemed to hover above the varied scenery over which it appeared and the on-stage and on-screen special effects were special indeed. The cynosure of the hoopla, however, was strangely static, even though its guiding lights were highly animated. Co-founders and Co-CEOs Brett Adcock and Adam Goldstein performed flawlessly in promoting their creation, adding to the professionalism of the event. Since the event was inside, and the crowd was allowed to come on stage under the rotor blades, it was probably prudent to have the motors raised and inactive. Less static in this Computer Fluid Dynamics (CFD) rendering, the Maker displays the flow around its 12 rotors in vertical flight. Since battery tests are underway, perhaps soon we will …
Archer Aviation Gets Fiat Chrysler Backing
Another eVTOL? Among the many battery- and solar-powered entries at this year’s (virtual) Consumer Electronics Show, Archer Aviation has entered the electric Vertical Takeoff and Landing (EVTOL) market with Fiat Chrysler backing. It’s being discreet about it, however, and reveals little detail. The company willingly shares its mission statement, though. “To fix traffic and create a fully renewable transportation solution, we’re designing, manufacturing, and operating advanced electric aircraft that can travel 60 miles at 150 mph, all with today’s technology.” They present only one picture of their design, a head-on shot on a black backdrop. We can see the six large rotors blanketing the leading edge of the wing, but wonder how and where the six vertical lift rotors are hiding. eVTOL Insights provides more information on the planned craft’s specifications: Aircraft type: eVTOL Piloting: Will be piloted in the beginning and will have autonomous capability in the future Capacity: 4 Cruise speed: 150 mph (241 km/h) Range: 60 miles …