News

The Air Current • Will Guisbond

Supernal (Hyundai) cuts majority of staff, retains small California design team

Supernal, Hyundai’s eVTOL developer, has laid off the majority of its workforce and will retain only a skeleton design team in California focused on aircraft development. The move scales back commercial and operational activity as the company narrows to core engineering work while deciding next steps.

2026-02-27T15:26:03.942998-08:00

Business Wire

Archer to fit SpaceX Starlink on Midnight eVTOL

2026-02-27T05:45:21.860263-08:00

cargotalkgcc.com

AAMG and LODD to develop up to 50 Hili hybrid VTOL cargo aircraft for Europe and Middle East (250 kg, 700 km)

2026-02-26T23:53:20.619642-08:00

AeroTime

Joby to begin FAA certification flight testing with first conforming eVTOL; posts $1.4B cash in Q4 2025

2026-02-26T01:46:23.261977-08:00

Hype Analysis

September 2024 eVTOL Industry Developments: A Comprehensive Report

October 1, 2024 - A summary of major events, strategic partnerships and technological advancements in the eVTOL market. Read More.

News Timeline

The Air Current

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Supernal (Hyundai) cuts majority of staff, retains small California design team Supernal, Hyundai’s eVTOL developer, has laid off the majority of its workforce and will retain only a skeleton design team in California focused on aircraft development. The move scales back commercial and operational activity as the company narrows to core engineering work while deciding next steps.

2026-02-27T15:26:03.942998-08:00

Supernal (Hyundai) cuts majority of staff, retains small California design team

Business Wire

Archer to fit SpaceX Starlink on Midnight eVTOL Archer will equip its Midnight electric air taxi with SpaceX Starlink inflight broadband, giving passengers gate‑to‑gate, low‑latency internet on eVTOL flights. The integration will be Starlink’s first confirmed fit on an air taxi and underpins Archer’s commercial connectivity strategy.

2026-02-27T05:45:21.860263-08:00

Archer to fit SpaceX Starlink on Midnight eVTOL

cargotalkgcc.com

AAMG and LODD to develop up to 50 Hili hybrid VTOL cargo aircraft for Europe and Middle East (250 kg, 700 km) Ambitious Air Mobility Group (AAMG) and LODD Autonomous will co-develop and may acquire up to 50 Hili hybrid VTOL cargo aircraft — 25 for Europe and 25 for the UAE/Middle East. The Hili targets 250 kg payloads over 700 km for middle‑mile hub‑to‑hub cargo, with experimental trials slated Q4 2026–Q4 2027.

2026-02-26T23:53:20.619642-08:00

AAMG and LODD to develop up to 50 Hili hybrid VTOL cargo aircraft for Europe and Middle East (250 kg, 700 km)

eVTOL News

LIFT and UT Austin unveil HEXA aerial-robotics concept for emergency response LIFT and the University of Texas at Austin have unveiled HEXA, an aerial robotics concept designed to support emergency-response missions. The collaboration pairs LIFT’s work with UT Austin research to explore applications for situational awareness, communications and logistics in disaster scenarios.

2026-02-26T14:16:31.109948-08:00

LIFT and UT Austin unveil HEXA aerial-robotics concept for emergency response

AeroTime

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Joby to begin FAA certification flight testing with first conforming eVTOL; posts $1.4B cash in Q4 2025 Joby Aviation said it has made substantial certification progress and will begin FAA-driven certification flight testing with its first conforming eVTOL. In its Q4 2025 shareholder letter Joby reported $1.4 billion in cash and short-term investments, preserving a strong runway despite higher development spending.

2026-02-26T01:46:23.261977-08:00

Joby to begin FAA certification flight testing with first conforming eVTOL; posts $1.4B cash in Q4 2025

eVTOL Insights

Podcast: SkyDrive CEO Tomohiro Fukuzawa on 2025 milestones and 2026 plans SkyDrive founder and CEO Tomohiro Fukuzawa sits down on our podcast to review the company’s 2025 milestones and to lay out concrete plans for 2026, discussing progress, strategic priorities and next steps for the developer. Listen for commentary on next steps and the company's priorities.

2026-02-26T00:01:48.686508-08:00

Podcast: SkyDrive CEO Tomohiro Fukuzawa on 2025 milestones and 2026 plans

AINonline

Florida Aims to Be First State to Host Advanced Air Mobility (eVTOL) Operations Panelists at the NBAA Miami regional forum said Florida is positioning itself to be the first U.S. state to host commercial Advanced Air Mobility operations, leveraging local regulators, infrastructure planning and industry interest to attract eVTOL manufacturers, operators and private investment.

2026-02-25T11:22:02.254542-08:00

Florida Aims to Be First State to Host Advanced Air Mobility (eVTOL) Operations

eVTOL Insights

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MightyFly raises $10M to scale autonomous hybrid eVTOL freighter MightyFly closed a $10 million financing round (bringing total funding to $15 million) to accelerate development and early deployments of an autonomous hybrid eVTOL cargo aircraft. The startup pitches logistics and defense missions, citing payload ambitions from roughly 100–500 lb and claimed ranges of 600–1,000 miles.

2026-02-25T07:00:55.250196-08:00

MightyFly raises $10M to scale autonomous hybrid eVTOL freighter