Following the Money to Green Flight

Dean Sigler Announcements, Electric Powerplants, Hybrid Aircraft, Sky Taxis, Sustainable Aviation Leave a Comment

The path to green flight is paved with money.  In our transactional world, good ideas are sometimes rewarded with filthy lucre, even if those ideas are intended to clean up a besmirched world.  Several examples of clean aviation attracting solid investments follow, along with some stumbling on unexpected obstacles. Jetson ONE For a flying machine lighter than most of its prospective pilots, the Jetson ONE has attracted a host of followers, including the host of a late-night chat show.   Besides receiving 3,000 purchase requests in two months the firm has sold its initial production runs for 2022 and 2023. At $92,000 a unit, 100 craft in the first year would net $9.2 million, enough to finance the simple assembly …

Following the Sky Taxi Money: eVTOLs

Dean Sigler Sky Taxis, Sustainable Aviation Leave a Comment

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 …