Abhijith Ganapavaram
Analysis: Lilium’s fall throws spotlight on air-taxi cash crunch
The air-taxi industry faces hurdles as Lilium exits, raising doubts about timelines and viability despite investor support.
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
Mudrick Capital to convert half of Vertical Aerospace’s debt to equity, providing $50M in funding and financial relief.
JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis
Archer Aviation's air-taxi venture with Japan Airlines and Sumitomo could secure orders for 100 eVTOLs, boosting shares.
Stellantis says Illinois investment plans delayed
United Auto Workers warns of potential action as Stellantis delays Illinois factory plans.
Air-taxi maker Archer plans to launch air mobility network in LA as early as 2026
The San Jose, California-based company did not disclose the size of investment for the planned Los Angeles project.
Lilium to begin studying US air-taxi assembly sites this year
German eVTOL firm hopes to open assembly plant in United States by the end of the decade as it pursues regional air transport...
Boeing-owned Wisk’s electric air-taxi expects to begin carrying passengers ‘later in the decade’
Boeing aims for pilotless air-taxis by late 2030s, with testing underway for a four-seater autonomous model.
Joby Aviation says FAA gives nod for in-house software for air-taxi operations
Joby Aviation said Thursday the US aviation regulator has authorized use of in-house software for air-taxi operations
