Flying car news for investors
The days of the Jetsons cartoon are here with Flying Cars. Stay up to date with the latest Flying Car Stocks news.
Latest News
3 Flying Car Stocks to Turn $100,000 Into $1 Million: February 2024
By Matthew Farley, InvestorPlace Contributor
Flying Car Stocks
This is an article about flying car stocks. It discusses three companies: Joby Aviation (JOBY), EHang Holdings (EH), and Guangzhou Automobile Group (GNZUF). These companies are developing flying cars, which are vehicles that can take off and land vertically. The article says that investing in these stocks is risky, but also has the potential for high returns.
Joby Stock Is Rising Because Flying Cars Are Almost Flying
By Al Root, Barron’s via MarketWatch
Summary: Joby Aviation’s stock is experiencing a surge as the company secures exclusive rights for air taxi operations in Dubai for six years, with plans to initiate services in 2025. While the certification for their electric vertical takeoff and landing (eVTOL) aircraft is pending, Joby remains optimistic about approval in 2025. The eVTOLs, combining features of planes, helicopters, and flying cars, aim to transport a pilot and four passengers at speeds of up to 200 mph, significantly reducing travel times in Dubai. The deal with Dubai sets a precedent for launching air taxi services, addressing infrastructure needs through partnerships. Investor Relations.
Joby Completes Third Stage of FAA Certification Process
Joby has now completed three of five stages of type certification process; First eVTOL company to reach this milestone towards commercialization
Joby Aviation Reports Fourth Quarter and Full Year 2023 Results
At the end of the fourth quarter of 2023, we had $1.0 billion in cash and short-term investments. We worked with the FAA to complete precision landing tests, worked with NASA to simulate airspace management and received our Part 145 Repair Station Certificate from the FAA.
ACHR Stock Alert: Buy Archer Aviation Before the Next Takeoff
By Thomas Niel, InvestorPlace Contributor
Flying Car Stocks
Summary: Archer Aviation (ACHR), a pre-revenue electric vertical takeoff and landing (eVTOL) company, has seen a recent decline in stock value, landing in “penny stock territory” below $5 per share. Despite skepticism about speculative growth stocks, the article suggests considering ACHR due to its potential for future profitability. The stock surged last summer but faced diminished enthusiasm for eVTOL stocks lately. While traditional valuation metrics are unfavorable, with the company incurring substantial net losses, the article highlights Archer’s potential for a significant payoff in the future, as it approaches the final phase of obtaining FAA certification for its flagship Midnight aircraft. Investor Relations.
Archer Announces Fourth Quarter | Full Year 2023 Results | Final Phase of Certification | Readies for Launch in 2025
Construction of three conforming Midnight aircraft underway as flight test program makes rapid progress and Archer expects to complete 400 test flights in 2024. On track to complete build out of volume manufacturing facility alongside Stellantis in Georgia later this year. Strong liquidity position of ~$625M at end of Q4 2023 with cash balances increasing QoQ.
Archer Aviation and NASA Sign Space Act Agreement To Collaborate on Mission-Critical eVTOL Aircraft Technologies
This initial project is one part of a much larger partnership between Archer and NASA and is focused on achieving the highest levels of battery cell safety and systems for Advanced Air Mobility (AAM) and space applications as the parties study high-performance battery cells and perform safety testing on cells and system.
This Electric Flying Car Could Take You to Work Next Year—and Then Fit in Your Garage
By MICHAEL VERDON
Summary: Doroni Aerospace, a Miami-based start-up, has developed the H1X, an electric flying car set to undergo flight testing by the end of the year, with potential client deliveries in 2025. This two-seat electric vertical takeoff and landing (eVTOL) aircraft features four ducted fans powered by co-axial motors for lift and propulsion. Notably, the H1X has been redesigned for enhanced aerodynamics, aiming for a top speed of 120 mph, a 60-mile range, and a 40-minute flight capability. Doroni plans to seek FAA certification as an ultralight aircraft for urban air mobility. The H1X, controlled by joystick and semi-autonomous systems, is priced between $300,000 and $400,000, with 450 pre-orders and plans to sell six units in 2025, eventually scaling production to seven units per day. Invest in Preferred Stock.
Driveway: a launchpad
Compact design fits in a 2-car garage. Lightweight, durable carbon fiber frame. Standard EV charging capability.
Fine tuned efficiency
Top speed of 120 mph, 60 mi range. 45 min flight time, 25 min charge time. 500 lbs payload, 1850 lbs total weight
Trust in every flight
Push to start, tap to takeoff & land. Intelligent, autonomous navigation system. Anti-collision sensors with 360° coverage.
The AeroMobil AM 4.0 Flying Car Might Actually Happen
MotorTrend | Scott Evans Writer | Apr 29, 2022
Summary: Slovakia-based AeroMobil aims to make the long-awaited flying car a reality with its AM 4.0. The vehicle, resembling a plane that drives on roads, transforms from car to aircraft in three minutes. With a mid-mounted turbocharged H-4 engine, the hybrid powertrain allows for both land and air travel. The AM 4.0 claims 300 hp, reaching 0-60 mph in 10 seconds, with a top land speed of nearly 100 mph and an air cruising speed of 160 mph. It boasts a range of 320-600 miles on land and 320-460 miles in the air. Safety features include car crash test standards and a ballistic parachute for emergencies. Priced between $1.3 million and $1.6 million, AeroMobil plans to commence production in 2023, targeting affluent buyers before introducing a commercial model, the AM Next, in 2027.
Investment Information for privately held company
AeroMobil is a privately held company currently funded by the company’s Chairman and CEO, Slovak governmental investment fund and private investors from Europe, the Middle East and Asia. From time to time the company raises additional capital to fund the expansion of its operations or strategic initiatives. Contact for Qualified Investors
The ultra-high-end vehicle that is equally at home on the road or in the sky
The AeroMobil Company was established in 2010 to design, develop, and commercially introduce the world’s first flying car – The AeroMobil. … Its latest version AeroMobil is the product of over 350,000 hours of design, engineering, and testing will mark a major milestone in the realization of mankind’s dream of unbounded personal mobility.
SpaceX-backed startup says preorders for its $300,000 futuristic flying car have reached 2,850
CNBC | By Ryan Browne | PUBLISHED MON, MAR 4 2024
Summary: Alef Aeronautics, a SpaceX-backed startup based in California, has reported reaching 2,850 preorders for its two-seater flying car, the Alef Model A, with a price tag of $300,000. The company claims this makes it the best-selling aircraft in history, surpassing Boeing, Airbus, Joby Aviation, and most electric vertical takeoff and landing vehicles combined. Alef’s Model A distinguishes itself with a design resembling a regular car, featuring a mesh shell protecting eight rotors. The CEO, Jim Dukhovny, believes their vehicle, designed for road and air travel, is the “first flying car in history.” Despite the high preorder numbers, Alef plans a gradual production scale-up, with a target launch in 2025, pending regulatory approvals. The company is also working on a four-person sedan, the Model Z, set to launch by 2035 at a lower price of $35,000. Investor Inquiries
Rebranded under the name “Alef”
In 2022 the company officially rebranded under the name “Alef” and launched its public facing website along with a defined mission and vision for a new consumer future. Alef – as in the first letter of a Phoenician, Aramaic, Hebrew, Arabic, Persian, Syrian and other alphabets – signifies the leading position Alef will eventually occupy in the hearts, minds, and garages of the public. Investor Inquiries
Website Highlights
Designed to drive on the street, take off vertically when needed and fly overhead above traffic, we’re building the solution to the issues of modern congestion. We enable faster and easier commutes, driven by proprietary technology that elevates the vehicle without the need for runways. Driven by redundancies and industry-leading software, Alef will deliver a safe, affordable vehicle to transform your everyday commute.