Joby Aviation performs better than forecasted in Q4

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Yves Le Marquand

27 Feb 23

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Joby’s loss in the fourth quarter (Q4) 2022 came in lower than forecasted as expenses were offset by contract-based revenues from the US Department of…

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Eve announces new government-backed credit lines following Q3 losses

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Yves Le Marquand

3 Jan 23

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Following net losses of $154m for the first nine months of 2022, Eve has announced two credit lines approved by Brazil’s National Development Bank worth…

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PDPs are ‘integral component’ to Lilium’s future capital structure

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Yves Le Marquand

8 Dec 22

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Pre-delivery payments are an “integral component” to Lilium’s future capital structure and will form a key part of its development in 2023, according to Sebastien…

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EHang: Revenues down, losses up as certification enters ‘final stage’

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Yves Le Marquand

5 Dec 22

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Revenues were down 44% and net losses climbed to $10.8m on the previous quarter during EHang’s third quarter (Q3) as the firm entered the final…

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Lilium latest capital raise priced at $119m

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Yves Le Marquand

18 Nov 22

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Lilium’s (Nasdaq: LILM) latest capital raise has been priced at $119m, the firm said today. The fundraising, from existing shareholders, new investors, and strategic partners…

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Wiesenthal ‘bullish’ on 2023 after Blade’s record-breaking Q3

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Yves Le Marquand

11 Nov 22

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Blade’s CEO and Founder, Rob Wiesenthal told investors he is “very bullish about growth prospects” following a record-breaking third quarter (Q3) that saw the firm…

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Archer overestimates expenditure in Q3, remains on track to certify

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Yves Le Marquand

11 Nov 22

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Archer Aviation’s $61.1m non-GAAP operating expenses in the third quarter (Q3) came in under estimation, despite the firm making significant outlays in R&D and staffing.…

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Vertical remains ‘on track’ despite £19m loss in Q3

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Yves Le Marquand

9 Nov 22

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Vertical Aerospace has confirmed is capital plan for 2022 and progress on certification remains on track, despite posting a £19m loss in the third quarter…

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Joby’s $79.2m Q3 loss ‘reflects continued certification progress’

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Yves Le Marquand

3 Nov 22

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Joby Aviation’s (NYSE: JOBY) $79.2m net loss in the third quarter (Q3) reflects continued progress in certifying the aircraft and also in launching early manufacturing…

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To certification and beyond: Volocopter raises a further $182m

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Yves Le Marquand

1 Nov 22

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Volocopter has raised an additional $182m from the second signing of its Series E funding round.  This latest capital raise will carry the company beyond…

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Investors Pass On Risky Aviation Bets

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Yves Le Marquand

11 Oct 22

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Until this year, aerospace fledglings had their best chance in well over a decade to secure outside investment. Suddenly, the new economic financial climate has…

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