There are now more than 600 eVTOL designs in the works.
The amount of funding has also risen dramatically, just in the last year. VFS estimated that total investments in eVTOL companies from 2010 to 2020 was $4.5 billion. The 2021 figure, Hirschberg said, was more than $10 billion, thanks to firms like Joby, Archer, Blade and Vertical Aerospace going public, while private investors also pour R&D money into others.
Competitor Joby intends to be one of the first piloted eVTOL manufacturers. It said in a tweet on Monday that its
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