
"In fact, some companies have already garnered impressive traction in key markets around the world, with regulators seeming to be intrigued by the innovative technology these companies are putting forward. With these aircraft resembling a mix of airplane and helicopter technology, the idea is that urban transport between key areas (say, a large urban center and an airport) could be much quicker and more efficient in the air than on the roads."
"With investment and regulatory capture the key items on investors' checklists right now, the fact that these three companies have already achieved some level of permitting in key markets suggests that the view will eventually shift to how soon these companies can become profitable. That said, these are longer-term speculative bets on a sector that's still in its infancy. For those considering this sector, here are three of the best bets I think are worth making today."
"Joby Aviation ( NYSE:JOBY) is the company I'd say is the leading U.S. player in eVTOL technology. The California-based company has produced some interesting prototypes which have a 100-mile range, and can land much in the same way as a helicopter. Focusing on both commercial and military markets, there's a lot to like about the potential diversity of cash flows Joby may provide down the line."
Electric vertical takeoff and landing (eVTOL) aircraft aim to deliver urban air mobility by combining airplane and helicopter technologies to shorten travel times between hubs like city centers and airports. Some companies already have regulatory traction in key markets, prompting investors to bet on which firms will scale fastest and claim market share. Investment and regulatory approvals are current priorities, shifting future focus to profitability timelines. The sector remains in its infancy and represents longer-term speculative investments. Joby Aviation stands out as a leading U.S. developer with prototypes offering roughly 100-mile range, vertical landing capability, and a Toyota strategic investment.
Read at 24/7 Wall St.
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