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eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031

Share this article Share this article NEW YORK, March 10, 2021 /PRNewswire/  Electric Vertical Takeoff and Landing (eVTOL) aircraft are capable of vertical takeoff and landing, which is possible through electrification of the lift and thrust provided by automated controls. They are technology enablers for Advanced Aerial Mobility, Urban Aerial Mobility, and Passenger Air Vehicles. In the wake of a green future, these aircraft are emission-free, emit zero noise, safe, affordable, small, precise, fast, quiet, adaptable with most weather conditions, and easy to use and maintain. Across regions, air-taxi services will be the main driver for increasing demand for eVTOL aircraft over the coming years.

eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031

eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031
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Joby and Garmin work to eVTOL certification

Joby and Garmin work to eVTOL certification 11th February 2021 11:05 Europe/London The pace of development in the world of electric Vertical Takeoff and Landing (eVTOL) aircraft is accelerating with one leading player, Joby Aviation, taking three huge steps in as many days. First, Joby Aviation’s eVTOL has earned its first revenue flying with the US military Agility Prime project. Second, Joby has agreed the start of the certification process with the US civil aviation authority, the FAA. Third, Joby and Garmin have jointly announced that Garmin’s G3000 integrated flightdeck will be installed into the production eVTOL. The US Agility Prime project seeks to accelerate the development of a commercial market for eVTOL and other radical new aircraft designs. Joby’s involvement comes off the back of receiving airworthiness approval from the US air force.

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