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Major Investors Expect First Commercial eVTOL Passenger Routes to be Operational by 2026

02/28/2024 | Globe Newswire
New Horizon Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, publishes new global research* that indicates global investors are anticipating the first commercial passenger routes of electric Vertical Takeoff and Landing (eVTOL) aircraft to be operational in the next few years as the Future Air Mobility market continues to advance rapidly.

IDTechEx Reveal the Future of EVs: Evolution of the Automotive Industry and Electrification Beyond Cars

11/22/2023 | PRNewswire
2023 has proven another momentous year for the electric vehicle (EV) market. 2022 saw electric car sales rise by 62% compared with 2021, and IDTechEx estimates that 2023 will see global sales rise by another 16%.

Embraer, BAE Systems Announce Collaboration for the C-390 Millennium and Eve eVTOL

07/19/2022 | BAE Systems
Embraer and BAE Systems have announced the signature of two memorandums of understanding (MoUs) at the Farnborough Airshow, which expand the footprint of both companies in the global defence market by setting out the basis for a collaborative relationship.

U.S. Air Force Funds Adaptation of Automotive Radar for Autonomous 'Flying Cars'

01/07/2021 | PRNewswire
Metawave Corporation has been awarded a prime, Phase One contract by the United States Air Force (USAF) to provide a high-precision, all-weather sensing solution for electric Vertical Take-Off and Landing (eVTOL) aircraft.

Toyota and Joby Aviation are Flying to New Heights Together

01/16/2020 | JCN Newswire
Toyota is exploring a new flight path for mobility through a new collaboration with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services.
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