The air taxi market prepares to take flight
TechCrunch
JUNE 11, 2021
Taking an eVTOL from design through to manufacturing and certification will likely cost about $1 billion, Mark Moore, then-head of Uber Elevate, estimated in April 2020 during a conference held by the Air Force’s Agility Prime program. Archer spent $21 million in R&D in 2020, according to regulatory filings.
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