The fierce race for the ‘flying car’ – ISTOÉ MONEY

The race to get the “flying car” into operation is approaching its final stage. So far, more than a hundred companies have been carrying out research to create an eVTOL (English acronym for vertical take-off and landing vehicle, as the aircraft is officially called). But recent mergers with Spacs (companies that first go public on the Stock Exchange and then look for a project to invest in) have placed some startups in the top positions of this billion-dollar race and bring us closer to the technology that should revolutionize urban mobility.

In addition to attracting attention in the capital market, “flying car” startups are attracting talent and partners from more traditional sectors of the economy. Executives and engineers from companies such as Airbus, Embraer, Boeing, Ford, Rolls-Royce, Jaguar, Goldman Sachs and Morgan Stanley, among others, are today behind the startups.