Business Partnerships

Leidos and Elroy Air to demonstrate autonomous aerial resupply drone for U.S. Marine Corps

Leidos and Elroy Air  have been approved to demonstrate an autonomous Medium Aerial Resupply Vehicle – Expeditionary Logistics (MARV-EL) prototype for the Navy and Marine Small Tactical Unmanned Aircraft Systems program office (PMA-263). The companies […]

Market analysis

Air taxi market “will witness 25% CAGR between 2024-2044” – latest IDTechEX forecast

IDTechEx’s report, “Air Taxis: Electric Vertical Take-Off and Landing (eVTOL) Aircraft 2024-2044: Technologies, Players”, predicts that unit sales of eVTOLs will exhibit a 25% CAGR for the period 2024-2044. IDTechEx’s research also indicates applications where […]

Insurance and finance

Archer publishes Q1 2024 Shareholder Letter

Archer has published its Shareholder Letter covering the first quarter of 2024.  In the letter it highlights a net loss for the first quarter 2024 of USD116.5 million, which increased sequentially by USD7.4 million from […]