What Happened
First eVTOL Maker To Get Authorization For Market Surveys
Beta Technologies has become the first eVTOL developer to secure FAA authorization for demonstration flights with potential customers onboard, a significant milestone in the development of commercial eVTOL services. Unlike competitors Archer and Joby, Beta is focusing on non-passenger transportation, such as cargo hauling and medical supply delivery. Meanwhile, Archer aims to establish a passenger air taxi service, which could become a massive opportunity. According to The Globe and Mail, Beta’s accomplishment is an exciting development, but Archer’s business model may offer more ways to profit from the growth of passenger air taxi services.