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COVINGTON, GA—Archer Aviation Inc. will invest $118 million over the next 10 years to build a new assembly plant here to produce an electric vertical takeoff and landing aircraft (eVTOL).
ENDICOTT, NY—BAE Systems has made a multimillion dollar investment in its facility here that develops and makes subsystems for electric aircraft. The products include energy storage, controls and power conversion systems.
Picture a flying taxi able to whisk passengers to their chosen destination within minutes, not hours. A noiseless aircraft free from carbon emissions, capable of vertical takeoff and landing in the heart of a major city. What once sounded like a scene out of a science-fiction novel is cruising toward reality, forever altering the way we move.
CAMBRIDGE, England—Start-up electric aircraft manufacturers have carved out a niche market for two- and four-seat planes, attracting the attention of traditional companies, claims a new report from IDTechEx.
SOUTHFIELD, MI—Denso Corp. and Honeywell International Inc. have formed a new alliance that is developing electric propulsion units to meet new aerospace needs.
