eVTOL

Electric aircraft maker Eve Air Mobility (NYSE:EVEX) and Saudi airline Flynas on Wednesday announced their collaboration to investigate the viability of electric vertical take-off and landing (eVTOL) aircraft operations in Saudi Arabia. What Happened: Both entities have entered into a Memorandum...

Benzinga’s CEO Jason Raznick sat down with Ark Invest founder Cathie Wood in an exclusive conversation on “The Raz Report,” to discuss various technology trends and how it affects the transportation industry — namely, the electric vertical takeoff and landing (eVTOL) industry. The...

On Monday, Cathie Wood-led Ark Invest made a significant move by continuing its buying spree of Archer Aviation Inc (NASDAQ:ACHR) shares. The investment firm purchased shares worth nearly $3.9 million, emphasizing its bullish stance on the flying car company. The Archer Aviation Trade: In total,...

On Tuesday, Cathie Wood-led Ark Invest continued to purchase shares of Archer Aviation Inc (NASDAQ:ACHR), a flying taxi company. This move comes a day after Ark Invest’s significant purchase of Archer shares. The Archer Aviation Trade: Ark Invest acquired a substantial number of shares of...

On Tuesday, August 15, 2023, Cathie Wood-led Ark Invest made a significant move by trimming its Tesla Inc (NASDAQ:TSLA) holdings by nearly $440,000. This decision comes despite recent bullish projections and growth drivers identified for the Elon Musk-led company. The Tesla Trade: Ark Invest’...

In an exclusive conversation with Benzinga, Jim Dukhovny, co-founder and CEO of Alef Aeronautics Inc, delved into the advent of its electric flying car and the company’s vision to redefine urban transportation. An avid science fiction fan, Dukhovny talked about the milestones crossed and...

Investors are on the hunt for undervalued, underfollowed and emerging stocks, and retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern...

Electric vertical takeoff and landing (eVTOL) vehicle manufacturer Eve Air Mobility (NYSE:EVEX) and United Airlines Holdings Inc (NASDAQ:UAL) announced their plans to introduce electric commuter flights in San Francisco, covering the Bay Area, with service expected to begin in...

Electric vertical takeoff and landing (eVTOL) vehicles are small aircraft that can move vertically and hover, so they can take off without a traditional runway. While not the floating magical flying cars envisioned for decades, the technology is incredibly impressive. See Also: The House-Printing...

Leading ride-share company Uber Technologies (NYSE: UBER) recently filed several trademarks that could suggest an expansion of the company’s business to a new sector. The filings come years after the company exited the same business line. Let’s dive in. What Happened: Uber is well known...

Electric vehicle company XPeng Inc - ADR (NYSE: XPEV) is one of many companies attempting to tackle the Chinese automotive market.  The company recently highlighted with a live demo video its work on flying cars. What Happened: XPeng is one of several companies working on an eVTOL, or electric...

A California startup making flying taxis received a $10 million deposit from United Airlines Holdings Inc (NASDAQ: UAL) with the intention of transporting passengers to and from the airport by air. The development of the air taxis is ongoing at Archer Aviation Inc (NYSE: ACHR) with the company...

Anytime a company or sector has a trillion-dollar market opportunity, it causes some excitement for investors. That’s what happened Thursday with a new analyst note on a company that went public via SPAC merger in 2021. The Archer Aviation Analyst: JPMorgan analyst Bill Peterson initiated...

A leading ridesharing and mobility company has intentions to offer additional transportation options to its customers, with plans to launch a super app for travel. Here’s the latest. What Happened: Ridesharing company Uber Technologies Inc (NYSE: UBER) offers vehicle transportation, food...

Another eVTOL (electric vertical take-off and landing) company is going public via SPAC merger with a deal announced Tuesday morning. Here are the details. The SPAC Merger: Urban air mobility company Eve is going public in a SPAC merger with Zanite Acquisition Corp (NASDAQ: ZNTE). The deal values...