Joby expands defense business with $500 million acquisition of Resonant Sciences
Deal follows Archer's agreement with Boeing and adds another eVTOL developer to the growing defense market
Air Mobility
Who is Archer, the company buying three businesses from Boeing?
Founded only eight years ago to develop electric air taxis, Archer Aviation has attracted United Airlines and Stellantis and is now expanding into defense and autonomous aircraft
Embraer expects to put its eVTOL into service by the end of 2028
Embraer CEO says production will be concentrated at Eve's plant, with capacity for up to 480 electric aircraft per year
Eve reaches new eVTOL flight-test phase with pusher propeller activation
Prototype begins partial transition flights while remaining close to the hover flight envelope
Eve pushes eVTOL certification target to 2028 as development timeline slips again
Embraer-backed company says it has sufficient cash to support operations through certification despite continued delays
Eve completes hover flight phase of eVTOL test campaign
Embraer-backed company plans to begin transition flight tests in the second half of 2026
Hyundai turns to KAI to restart stalled eVTOL program
Agreement comes months after Supernal suspended development work and cut most of its workforce in the United States
Eve reaches 50 eVTOL flights but aircraft has logged just over two hours in the air
Uncrewed prototype remains in early testing phase as rivals move ahead with piloted and certification aircraft
Vertical completes piloted thrustborne transition of eVTOL aircraft
Valo uses a combination of tilting propellers for forward flight and fixed vertical lift units, concentrating complexity in the transition phase
Eve flies eVTOL prototype for Brazilian authorities in test campaign milestone
Demonstration in Gavião Peixoto highlights progress toward certification of Embraer-backed aircraft