Artist Will.i.am Funds Flying Car Company; $15M Invested
Remember the Black Eyed Peas? Well - this guy: https://en.wikipedia.org/wiki/Will.i.am is a flying car fan, apparently.
Jetson Inc. Closes $15M Seed Round to Launch “Flying Car” Jetson ONE, a personal electric aerial vehicle, supported by Tech Entrepreneur, Futurist and Transportation Consultant will.i.am, and Global Angel Investors.
Direct link: https://www.jetsonaero.com/news/Jetson-Close-$15M-Investment-with-will-i-am-and-Angels
Investors think these Flying Car stocks can double by the end of 2024 (Not financial advice)
A bunch of financial/stock/tech sites are saying flying car stocks are going to soar - but frankly the clickbait articles are getting annoying. None of us can really predict the markets, but the FAA’s recent announcements seem promising and investors are taking notice. The companies listed below I have NOT covered yet, but I will soon.
Joby Aviation (JOBY): Commencement of delivery of electric air taxi to the U.S. Air Force.
EHang Holdings (EH): 39,000 test flights conducted in 14 countries in Asia and Europe.
Archer Aviation (ACHR): Strong liquidity profile with commercial flights to begin in 2025.
Alef Flying Car - A world's first unveiled at Detroit Auto Show
The Alef takes the Detroit Auto Show by storm. The form factor is so car-like that they couldn’t deny it - but we have yet to see it fly. So at this point it’s still more of a regular car than a flying car. We’ll have to wait and see.
DAS Link: https://naias.com/
Alef Link: https://alef.aero/
Have flying car news? Message me, and I’ll post it.