The eVTOL Era is Beginning With Uber and Joby Aviation. Here's Everything Investors Need to Know.
2026-02-27 11:44:42 ET
Over the past decade, electric vertical take-off and landing ( eVTOL ) aircraft have evolved from fanciful concept designs into commercially viable short-range aircraft. One of the first movers in this nascent market is Joby Aviation (NYSE: JOBY) , which produces the S4 eVTOL.
The S4 carries a single pilot and four passengers, travels up to 100 miles on a single charge, and reaches a maximum speed of 200 miles per hour. It can travel faster than most of its competitors -- including Archer Aviation 's (NYSE: ACHR) Midnight eVTOL -- because it uses tilt-rotor propellers, which alternate between lifting and cruising modes. The Midnight uses separate propellers for lifting and cruising, which increases its overall weight and drag.
Image source: Joby Aviation.
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