VTOL company Archer Aviation reported 2025 financial results Monday along with updates on expansion and progress on air taxi service for 2028 Summer Olympics in L.A.

Aircraft was valued at USD 59 Million in the year 2024 and is projected to reach a revised size of USD 82740 Million by 2031, growing at a CAGR of 184.3% during the forecast period.

Archer Aviation has begun piloted vertical takeoff and landing (VTOL) flight testing of its Midnight eVTOL aircraft, marking a significant step toward transition flights and planned commercial ...

XTI Aerospace told investors the TriFan 600 program has been shelved as the company shifts its focus to the drone market.

The global VTOL drone market reached approximately $8.3 billion in 2023, with projections indicating growth to $16.7 billion by 2030, according to market research from Grand View Research. This ...

The idea of vertical take-off and landing vehicles (VTOL) has been around for decades now, but only in recent times this now-not-so-sci-fi- concept became a much-needed tool for making life easier in ...

Vertiia is gearing up to become the first long-range hydrogen-powered VTOL (vertical takeoff and landing) for passenger flights. It owes its impressive range to hydrogen fuel cells, but this ...

For VTOL and hover operations, the drone's top and bottom bodywork opens up in a series of slats, exposing a greater percentage of the rotors' swept area to airflow and deriving maximum lift. Then, as ...

Electrification of cars and trucks is just the beginning of the global electrification of everything. One of the next steps will be the electrification of aircraft, which has so far been held back by ...

VTOL drones may be versatile, but the weight and aerodynamic drag of their extra hardware results in a shorter range than that of their fixed-wing-only counterparts. That's where the FLARES system ...