Tracked metric

Cash & liquidity

Cash, equivalents and committed liquidity on hand — the runway that decides whether a pre-revenue eVTOL maker can reach certification and production. Archer reported ~$1.7B liquidity (2025); Toyota committed $894M to Joby.

$1.7BReached · 2025

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1.7 USD 2025 Archer Aviation Database · 2026-01
0.81 USD 2025 Joby Aviation Press · 2025-05

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Analysis as of Apr 22, 2026

Will air taxis run out of runway before takeoff?

by Frontier Milestones

eVTOL leaders are pre-revenue and burning cash toward certification. Joby and Archer have raised billions and look funded; many European rivals already went bankrupt. Our read on who has the runway. (Our opinion, not investment advice.)

Our read — labelled opinion, not investment advice.

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