eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off the ground vertically through electric propulsion.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off the ground vertically through electric propulsion.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off from the ground vertically through electric propulsion. VTOL refers to vehicles such as helicopters and tilt-rotor aircraft that unlike traditional aircraft do not require a runway for take-off. eVTOLs offer potential advantages compared to other aircraft with lower noise profiles and zero-emission flights. Combining these advantages with shorter journey times has led to considerable interest in eVTOLs for use as "Airair Taxistaxis."
Advances in materials science, electric motors, and battery technologies have increased the viability of electric aircraft. eVTOLeVTOLs combine multiple electric motors with propellers and large onboard batteries, to be able to transport passengers and cargo up to 150 to 250 miles on a charge. For example, Joby Aviation states its five-seat eVTOL has a maximum range of more than 150 miles with a top cruising speed of 200 miles per hour.
TheThere are three main types of eVTOL operation are:
A number of companies are currently developing eVTOL aircraft, including traditional aerospace companies and new startups. Some of the major players in the eVTOL industry include the following:
As well as vehicles, a number of companies are developing the infrastructure required for eVTOL. Examples include:
2011 saw the first flightflights for a number of eVTOL designs, including the following:
In February 2021, Joby Aviation announced it will merge with SPAC Reinvent Technology Partners (RTP) in a deal providing the company with approximately $1.6 billion in cash, resulting in a post-money valuation of $6.6 billion. The same month United Airlines formed a strategic partnership with electric air taxi developer Archer including equity investment and an order for $1 billion worth of the startup’s aircraft, expected to be certified with the Federal Aviation Administration (FAA) and begin volume manufacturing by 2023. Archer will merge with SPAC Atlas Crest Investment Corp in a deal expected to provide $1.1 billion in gross proceeds, valuing the startupstart-up at $3.8 billion and resulting in the company being listed on the New York Stock Exchange.
In March 2021, German company Lilium unveiled its new seven-seat eVTOL along with plans to go public through a SPAC merger with Qell, led by former General Motors North America president Barry Engle. The deal values the company at approximately $3.3 billion with total gross proceeds to the company around $830 million, including private investment in public equity (PIPE) totaling $450 million. PIPE contributors include Baillie Gifford,; funds and accounts managed by BlackRock, Tencent, Ferrovial, LGT and Lightrock, Palantir, FII Institute,; and private funds affiliated with PIMCO.
March 2021
February 2021
The deal will provide the company with approximately $1.6 billion in cash, resulting in a post-money valuation of $6.6 billion.
February 2021
The deal will provide the company with approximately $1.6 billion in cash, resulting in a post-money valuation of $6.6 billion.
June 1, 2011
2021 saw significant investment in the eVTOL spacecompanies, including three special purpose acquisition company (SPAC) deals for Joby, Archer, and Lilium raising over $2.5 billion combined (Joby accounting for $1.1 billion).
On October 27, 2016, Uber published a white paper titled "Fast-Forwarding to a Future of On-Demand Urban Air Transportation." Created by Uber Elevate (Uber's air taxi initiative), the paper detailed Uber's vision for and the feasibility of on-demand aviation. On May 8th, 2018, at the Uber Elevate Summit in Los Angeles, the company unveiled its Uber Air Prototype air taxi. The design incorporates four sets of staked horizontal rotors for lift and a tail-mounted propeller. In December 2020, Uber offloaded its air taxi unit "Elevate" to Joby Aviation in a complex deal that saw Uber invest $75 million in the eVTOL startup.
In February 2021, Joby Aviation announced it will merge with SPAC Reinvent Technology Partners (RTP) in a deal providing the company with approximately $1.6 billion in cash, resulting in a post-money valuation of $6.6 billion. The same month United Airlines formed a strategic partnership with electric air taxi developer Archer including equity investment and an order for $1 billion worth of the startup’s aircraft, expected to be certified with the Federal Aviation Administration (FAA) and begin volume manufacturing by 2023. Archer will merge with SPAC Atlas Crest Investment Corp in a deal expected to provide $1.1 billion in gross proceeds, valuing the startup at $3.8 billion and resulting in the company being listed on the New York Stock Exchange.
In March 2021, German company Lilium unveiled its new seven-seat eVTOL along with plans to go public through a SPAC merger with Qell, led by former General Motors North America president Barry Engle. The deal values the company at approximately $3.3 billion with total gross proceeds to the company around $830 million, including private investment in public equity (PIPE) totaling $450 million. PIPE contributors include Baillie Gifford, funds and accounts managed by BlackRock, Tencent, Ferrovial, LGT and Lightrock, Palantir, FII Institute, and private funds affiliated with PIMCO.
March 2021
The deal values the company at approximately $3.3 billion with total gross proceeds to the company around $830 million.
February 2021
Archer will merge with SPAC Atlas Crest Investment Corp in a deal expected to provide $1.1 billion in gross proceeds, valuing the startup at $3.8 billion and resulting in the company being listed on the New York Stock Exchange.
February 2021
The deal will provide the company with approximately $1.6 billion in cash, resulting in a post-money valuation of $6.6 billion.
December 15, 2020
May 8, 2018
The design incorporates four sets of staked horizontal rotors for lift and a tail-mounted propeller. The prototype was displayed at the company's second annual Uber Elevate Summit in Los Angeles.
VTOLseVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft thatcharacterized doby nottheir requireability ato runwaylift likeoff the traditionalground vertically through aircraftelectric propulsion.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft that do not require a runway like traditional aircraft. VTOL refers to vehicles such as helicopters and tilt-rotor aircraft.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off from the ground vertically through electric propulsion. VTOL refers to vehicles such as helicopters and tilt-rotor aircraft that unlike traditional aircraft do not require a runway for take-off. eVTOLs offer potential advantages compared to other aircraft with lower noise profiles and zero-emission flights. Combining these advantages with shorter journey times has led to considerable interest in eVTOLs for use as "Air Taxis."
Advances in materials science, electric motors, and battery technologies have increased the viability of electric aircraft. eVTOL combine multiple electric motors with propellers and large onboard batteries, to be able to transport passengers and cargo up to 150 to 250 miles on a charge. For example, Joby Aviation states its five-seat eVTOL has a maximum range of more than 150 miles with a top cruising speed of 200 miles per hour.
The adoption of eVTOL aircraft faces significant technology, infrastructure, and regulatory challenges. eVTOL aircraft need areas to land with suitable charging facilities. The industry also requires regulation in terms of both vehicle and pilot certification.
The three main types of eVTOL operation are:
While each type has benefits and drawbacks, tilt thrust designs are the most popular option among eVTOL firms developing aircraft for moving passengers and cargo long distances. Tilt thrust currently shows the most promise for longer ranges and high payloads. The added engineering challenges of tilt thrust designs are possible due to advancements in electric motor design.
The vertical flight society maintains an eVTOL aircraft directory, categorizing all known electric and hybrid-electric vertical takeoff and landing concepts separated into the following types:
A number of companies are currently developing eVTOL aircraft including traditional aerospace companies and new startups. Some of the major players in the eVTOL industry include:
2021 saw significant investment in the eVTOL space, including three SPAC deals for Joby, Archer, and Lilium raising over $2.5 billion combined (Joby accounting for $1.1 billion).
As well as vehicles a number of companies are developing the infrastructure required for eVTOL. Examples include:
eVTOLs were first introduced in 2009 with NASA engineer Mark Moore's Puffin personal air vehicle concept. The original render video was released on November 11th, 2009. It showed the conceptual design based on an electric propulsion system to provide vertical takeoff and landing with a proposed variable rpm electric motor that could accomplish a low tip speed prop-rotor (400 ft/sec tip speed at hover and 200 ft/sec at cruise) and reduce noise levels by an order of magnitude.
2011 saw the first flight for a number of eVTOL designs including:
On October 27, 2016, Uber published a white paper titled "Fast-Forwarding to a Future of On-Demand Urban Air Transportation." Created by Uber Elevate (Uber's air taxi initiative), the paper detailed Uber's vision for and the feasibility of on-demand aviation.
August 2021
Joby combines with Reinvent Technology Partners, a SPAC run by LinkedIn co-founder Reid Hoffman and Zynga founder Marc Pincus. The deal brings Joby more than $1 billion in funding which the company plans to use for FAA certifications and developing its electric aircraft.
October 27, 2016
June 1, 2011
Flight took place at the AgustaWestland facility in Cascina Costa, Lombardy, Italy.
August 11, 2009
The Puffin personal air vehicle concept was based on an electric propulsion system providing vertical takeoff and landing with a proposed variable rpm electric motor that could accomplish a low tipspeed prop-rotor (400 ft/sec tip speed at hover and 200 ft/sec at cruise), reducing noise levels by an order of magnitude.
VTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft that do not require a runway like traditional aircraft.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft that do not require a runway like traditional aircraft. VTOL refers to vehicles such as helicopters and tilt-rotor aircraft.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off the ground vertically through electric propulsion.
eVTOLs (Electric Vertical Takeoff and Landing) are electrified VTOL (Vertical Takeoff and Landing) aircraft characterized by their ability to lift off the ground vertically through electric propulsion.