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Embraer-Controlled Eve Air Mobility Ropes In Former Rolls-Royce Exec As Chief Commercial Officer
Wednesday, September 18, 2024 - 3:25am | 372Electric vertical take-off and landing (eVTOL) aircraft manufacturer Eve Air Mobility (NYSE:EVEX) said on Tuesday that it is appointing former Rolls-Royce executive Megha Bhatia as its new Chief Commercial Officer (CCO). What Happened: Bhatia will oversee Eve’s global sales, market...
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Vertical Aerospace Is Flying Towards An Operational Inflection Point, Says Bullish Analyst
Tuesday, July 23, 2024 - 11:59am | 336After participating in the Farnborough Air Show, Vertical Aerospace Ltd's (NYSE:EVTL) shares were rising in midday trading on Tuesday. Although the company has experienced setbacks over the past few years, an operational inflection seems possible in the next few quarters, "with management targeting...
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Boeing Wants To Make Flying Cars In Asia While Aircraft Unit Faces Severe Turbulence
Friday, April 19, 2024 - 5:26am | 442Beleagured aircraft maker Boeing Co. (NYSE:BA) is reportedly planning to venture into Asia’s urban air mobility market by 2030 with flying cars. What Happened: Boeing’s Chief Technology Officer Todd Citron told Nikkei Asia on Friday that the company is developing electric vertical take-...
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Flying Cars Are Here, But It May Take Some Time Before They Land
Monday, April 1, 2024 - 10:54am | 671The era of electric vertical take-off and landing vehicles (eVTOLs) is upon us, with the latest CNBC Tech podcast episode shedding light on the industry’s rapid advancement and the challenges it faces. What Happened: A recent episode of CNBC Tech’s “Beyond the Valley”...
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Futuristic Marvel: XPeng Aeroht Wows CES With Flying Super Car Concept And Modular 'Land Aircraft Carrier' Update
Wednesday, January 10, 2024 - 8:49am | 715XPeng Aeroht, the flying car subsidiary of Chinese automaker XPeng Inc (NYSE:XPEV), unveiled its flying supercar concept at CES 2024 in Las Vegas, featuring blue and white exteriors resembling a blue macaw. Flying Supercar: The flying supercar showcases manipulator arms, rotor systems, and other...
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CES 2024: 5 Stocks To Watch For At Large Technology Conference
Monday, January 8, 2024 - 7:58pm | 803The CES 2024 conference kicked off this week and runs through Jan. 12 with themes highlighted this year including digital health, automotive, television, robots and artificial intelligence. What Happened: The media portion of CES 2024 kicked off and several companies including NVIDIA Corporation (...
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Embraer-Controlled Eve Air Mobility Partners With Flynas To Explore eVtol Possibilities In Saudi Arabia By 2026
Thursday, November 30, 2023 - 6:55am | 350Electric 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...
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EXCLUSIVE: Cathie Wood Thinks The Future Is Vertical, Says Air Taxis Are Coming Soon
Sunday, September 3, 2023 - 8:44am | 632Benzinga’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...
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Cathie Wood's Bullish Stance on Flying Cars: Ark Buys $3.9M Worth of Archer Aviation Shares
Monday, August 28, 2023 - 10:25pm | 675On 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,...
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Cathie Wood's Ark Invest Buys $16M Worth Of Shares Of Flying Taxi Company Archer Aviation — Sells Shopify Stock Worth Millions
Wednesday, August 16, 2023 - 9:59pm | 688On 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...
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Cathie Wood's Ark Invest Sells More Tesla Stock — Acquires Shares Of Flying Taxi Company
Tuesday, August 15, 2023 - 10:22pm | 707On 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’...
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EXCLUSIVE: Meet Alef Aeronautics, The Startup Aiming To Replace Your Tesla Or Toyota With Flying Cars
Friday, August 11, 2023 - 8:32am | 1621In 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...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet
Friday, June 30, 2023 - 10:21am | 973Investors 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...
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Fly Above The Gridlock: San Francisco To Get Electric Commuter Flights By 2026
Thursday, June 15, 2023 - 4:40am | 401Electric 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...
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Flying Cars Are Here: eVTOL Startups and AI Are Powering a Modern-Day 'Jetsons' Future
Tuesday, April 11, 2023 - 10:19am | 1143Electric 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...