Archer has slashed its valuation by $1 billion in an acknowledgement that investors are far more skeptical of electric air taxis than they were just six months ago.
EHang has announced a date for the Investor Day it promised in February in response to devastating allegations by activist short-seller Wolfpack Research.
The judge overseeing the legal fight between eVTOL developers Wisk and Archer said he is inclined to deny Wisk’s motion for a preliminary injunction.
Ravn Alaska says it will buy electric planes from Airflow and turboprop conversion kits from Universal Hydrogen, but that could just be talk.
Morgan Stanley says that Tesla’s participation in the eVTOL market is not a question of if but when, and could be worth up to $1,000 per share.
Wisk Aero says it has new evidence that eVTOL rival Archer Aviation is “misappropriating Wisk’s valuable trade secrets on a massive scale.”