All The Biggest News Stories From 2023 | eVTOL

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Summary

  • The global eVTOL market is worth over $11 billion as of 2023 and is projected to triple by the end of the decade.
  • A range of successful test flights by companies like Horizon Aircraft, Blade Air Mobility, Wisk Aero, and Joby Aviation has supported progress ahead of planned certifications.
  • Partnerships and investments from industry giants like Embraer, Boeing, and Lufthansa have continued to bolster development across the global eVTOL market.


After 12 months of continuous advancements and development across the aviation industry, a Jetsons-esque future suddenly doesn’t seem so out of reach. With airlines and air operators beginning to shift their focus to enhancing urban air mobility to reduce road-based traffic, electric vertical take-off and landing (eVTOL) aircraft have soared in popularity.

As of 2023, the current global eVTOL market is worth over $11…

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