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Technology thesis · Defence & Aerospace

medium conviction concept

Electric aviation

The action has moved to eVTOL air taxis: Joby and Archer are in the final FAA certification stages with US launches due 2026-2027, while battery-electric fixed-wing stays range-capped near 500km.

Position maintained continuously · last reviewed Jun 24, 2026

The thesis

Core thesis

The live frontier is eVTOL air taxis, not battery-electric fixed-wing. Joby and Archer lead the US, both in final FAA certification stages with launches targeted in 2026–2027; Beta Technologies offers a nearer-term conventional-electric cargo path. Battery-electric fixed-wing stays range-bound near 500km: production aviation cells sit near 300 Wh/kg, with silicon-anode cells (Amprius) pushing past 400 Wh/kg. Regional hybrid-electric (Heart Aerospace ES-30, now certification-targeted around 2029) extends range further. Certification and economics, not raw physics, now pace the sector.

State of the art (2026)

The story has split. Battery-electric fixed-wing flight remains range-bound near 500km, but the live frontier is eVTOL air taxis. By mid-2026 Joby had cleared Stage 4 of the FAA five-stage type certification, with its certificate anticipated late 2026 and entry into service plausibly slipping to 2027; Archer closed Phase 3 with 100% means-of-compliance accepted and targets first passenger flights in 2026 under the White House eVTOL Integration Pilot Program, plus a UAE launch. Europe consolidated hard after Lilium and Volocopter went bankrupt across 2024-2025, leaving Joby, Archer and Beta as the US leaders. Production aviation cells sit near 300 Wh/kg; Amprius silicon-anode cells push past 400 Wh/kg. Certification, not physics, is now the pacing item.

The rest of the file

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Signal stack

Evidence stacked leading → lagging

7 signals
talent
research
patent
expert
operational
market

Technology-native KPIs

Metrics that predict trajectory, tracked over time

4 tracked
Electric Aircraft Orders
Electric Aviation Investment
Max Electric Flight Range
Battery Energy Density

Landscape map

Who builds what — and who depends on whom

127 players · 6 layers

Catalyst calendar

Dated events that will move the position

5 ahead

Technology roadmap

Milestones on the path to maturity

8 milestones

Watchlists

Companies, people and papers — each with a remove-by condition

20 · 19
Companies · 20
People · 19

Decision frameworks

The same call, framed for your desk

Locked
Public Equity
PE / VC
Corporate Leader

Thesis changelog

When our view changed, and why

5 updates

Change our mind

3 disconfirming conditions

The rest is inside

You've read the verdict. The file is much deeper.

The full signal stack, technology-native KPIs tracked over time, the landscape of who depends on whom, the dated catalyst calendar, decision frameworks for every desk, live watchlists and the changelog of every time our call on Electric aviation has changed — all live inside CanaryIQ.