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Around the world, electric vertical takeoff and landing, or eVTOL aircraft are entering the mainstream, though questions remain about noise levels and charging demands.
Source: https://abcnews.go.com/US/wireStory/hundreds-flying-taxis-made-ohio-home-wright-brothers-103273164
As Eve's eVTOL development and the UAM market are in their early stages, accurately forecasting the company's mid-term cash needs is challenging.
Due to the early stage nature of the eVTOL market, many unknowns and assumptions are involved in evaluating a company like EHang.
Groupe ADP has signed a Memorandum of Understanding with to conduct piloted eVTOL flights during the 2024 Olympics.
I'm relatively new to the eVTOL space.
Source: https://www.aviationtoday.com/2023/07/19/evtol-industry-insights-from-cfo-of-opener/
“India is one of, if not the largest opportunity for eVTOL aircraft utilization in the world, as it is home to the world’s largest population of over 1.4 billion people and its largest cities face some of the greatest congestion challenges in the world.
JOBY stands out as a promising eVTOL pure-play, a rarity in the market.
Source: https://investorplace.com/2023/08/why-you-must-own-this-flying-car-stock-now/
Pilots working for eVTOL manufacturers could serve as the initial cadre of flight instructors, who would then train instructors at flight schools and carriers.
These agreements include delivery of the company’s Midnight eVTOL aircraft, test data and pilot training to strengthen national defense.
The various tests performed throughout this phase are part of Eve's building blocks approach to further enhance the maturity of its technology and eVTOL to deliver the best product to the market.
This is a new requirement caused by the FAA's unfortunate decision last year to classify eVTOL aircraft in this new "powered-lift" category — neither an airplane nor a rotorcraft.