Air taxi developers conduct demo flights, name first cities they plan to serve
Los Angeles and New York City are likely to be among the first U.S. air taxi markets for Archer Aviation and Joby Aviation, ...
Toyota is pouring half a billion dollars into its air taxi startup — see the incredible vehicle that has the company so pumped up
Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.
Lilium's fall throws spotlight on air-taxi cash crunch
The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...
Analysis-Lilium's Fall Throws Spotlight on Air-Taxi Cash Crunch
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...
Air Taxi Maker Vertical Secures Bailout From Mudrick Capital
Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...
Air Taxi Firm Vertical Says Mudrick to Convert Some Notes to Equity, Extend Repayment Deadline
(Reuters) - UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its ...
UK air taxi company Vertical Aerospace wins $50mn lifeline from creditor
UK entrepreneur Stephen Fitzpatrick will cede control of Vertical Aerospace, the air taxi start-up he founded, as part of a ...
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Turbulence in eVTOL Air-Taxi Industry: Financial Challenges and Global Opportunities
The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...
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Germany's Lilium exits air-taxi race as sector burns billions with no passenger flights
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...
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Lilium's Fall Highlights Challenges in Air-Taxi Sector
Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...