Electric air taxis are about to take flight in 26 states
Numerous electric vertical takeoff and landing (eVTOL) companies have emerged in recent years with promises of launching urban air taxis and other regional electric aircraft.
The FAA must certify any new aircraft, which is a multi-year process.
That kind of accelerated timeline could bolster the efforts, and share prices, of many eVTOL companies such as Archer, Beta, and Joby that have gone public in recent years.
The company’s stock price popped nearly 12% Monday.
Archer and Joby, which are also publicly traded, saw stock jumps as well.
We appreciate the strong interest reflected in the many proposals we received.
” The FAA said it received 30 proposals.
These companies aren’t going it alone, however.
The pilot program requires companies to partner with state, local, tribal, or territorial governments. The projects cover several applications of electric aircraft, including urban air taxis and regional flight. For instance, the Port Authority of New York and New Jersey have partnered with Archer, Beta, Electra, and Joby to test a dozen operational concepts, including one based out of a Manhattan heliport.
Some projects have widespread geographic implications.
Other projects are focused on cargo delivery, medical response, and automation.
The city of Albuquerque is working with Reliable Robotics to test autonomous operations
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