eVTOL Aircraft Programs Could Face Investment Squeeze
AirFinance founder Kirsten Bartok Touw predicts rapid consolidation in the urban air mobility sector as only companies with cash in hand may now succeed.
eVTOL startups that raised substantial funding before the Covid-19 pandemic, such as Joby Aviation, are more likely to be able to bring their aircraft to market versus those that still need funding, according to AirFinance founder and managing partner Kirsten Bartok Touw. (Photo: Joby Aviation)
eVTOL startups that raised substantial funding before the Covid-19 pandemic, such as Joby Aviation, are more likely to be able to bring their aircraft to market versus those that still need funding, according to AirFinance founder and managing partner Kirsten Bartok Touw. (Photo: Joby Aviation)