eVTOL

Joby Aviation

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Public (NYSE: JOBY)

Joby Aviation is a California-based transportation company developing a piloted, all-electric air taxi for commercial passenger service. The company is in the late stages of FAA type certification and expects to carry its first passengers in 2026. Alongside certification, Joby is building launch infrastructure in Dubai, integrating future service into the Uber app, and expanding manufacturing capacity in California and Ohio.

Archer Aviation

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Public (NYSE: ACHR)

Archer Aviation is an electric aircraft company building Midnight, a piloted four-passenger eVTOL optimized for short, high-frequency urban trips, while also expanding into defense and powertrain sales. Archer went public in 2021, partnered with United Airlines and Stellantis, launched its commercial 'Launch Edition' program with Abu Dhabi Aviation in 2025, and entered 2026 targeting first passenger-carrying flights in the UAE and U.S. pilot programs. Archer has now passed 700 Midnight test flights, says it has completed 70% of the for-credit FAA certification flight test points using Midnight aircraft, and ended Q1 2026 with roughly $1.8B of liquidity.

Beta Technologies

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Public (NYSE: BETA)

Beta Technologies is an electric aerospace company building the ALIA aircraft family, electric propulsion systems, charging infrastructure, batteries, and flight-critical systems for cargo, passenger, medical, and defense markets. Founded in 2017 by Kyle Clark, the company has taken a stepwise commercialization path centered on certifying its conventional ALIA CTOL aircraft first, while also scaling sales of motors, chargers, and engineering services. Beta went public on the NYSE in November 2025, generated $35.6 million of revenue in 2025, ended the year with an aircraft backlog of 891 units worth about $3.5 billion, and is using the FAA and DOT's eVTOL Integration Pilot Program to begin U.S. deployments ahead of broader commercial service.