Core Insights - The electric vertical takeoff and landing (eVTOL) industry is poised to revolutionize short-haul travel and urban aviation [1] Industry Overview - The eVTOL industry is expected to significantly impact urban transportation by providing efficient and sustainable travel options [1] - The growth of this industry is driven by advancements in technology and increasing demand for urban air mobility solutions [1]

Goldman Sachs recently made a bold call in the electric vertical takeoff and landing space. The investment firm named BETA Technologies (BETA) as its top pick while taking a cautious stance on competitors. The financial services giant initiated coverage with a “Buy” rating on BETA, citing the company's strategic approach to certification and its vertically integrated business model. It also assigned “Neutral” ratings to Archer Aviation (ACHR) and Eve Holding (EVEX), while assigning a “Sell” rating to Joby ...

Group 1 - Polen Capital's "Polen U.S. Small Cap Growth Strategy" achieved a return of 21.4% gross and 21.1% net of fees in Q3 2025, outperforming the Russell 2000 Growth Index which returned 12.2% [1] - Joby Aviation, Inc. (NYSE:JOBY) is highlighted as a top contributor to the portfolio's performance, being a leader in the electric vertical takeoff and landing (eVTOL) segment [3] - Joby Aviation's stock experienced a one-month decline of 15.25% but gained 92.81% over the last 52 weeks, closing at $13.67 per share with a market capitalization of $12.464 billion on November 19, 2025 [2] Group 2 - The eVTOL technology is positioned to address urban traffic congestion and environmental concerns, offering a cost-effective alternative to traditional aviation methods [3] - Joby Aviation's recent stock performance was bolstered by excitement surrounding longer-range flight testing and the acquisition of Blade Air Mobility's passenger business [3] - Joby Aviation was held by 31 hedge fund portfolios at the end of Q2 2025, an increase from 23 in the previous quarter, indicating growing interest among institutional investors [4]

Core Insights - Hyundai's electric air taxi startup Supernal is undergoing a significant leadership shakeup following the departure of its CEO and CTO, as well as other key executives, amidst a pause in its vehicle program [1][2][4] Leadership Changes - Supernal confirmed the exits of Chief Strategy Officer Jaeyong Song, Chief Safety Officer Tracy Lamb, and Chief of Staff Lina Yang, indicating a strategic review of the program's progress and alignment with long-term goals [2][3] - Jaeyong Song had a notable background in Hyundai's Advanced Air Mobility (AAM) group, while Tracy Lamb brought extensive experience from the aerospace industry [3] Company Challenges - Supernal has faced a difficult year, including the closure of its new headquarters in Washington, D.C., and layoffs of dozens of employees after its first test flight in March [4] - The company paused its air taxi program in early September, coinciding with the executive shakeup [4] Industry Context - The electric vertical takeoff and landing (eVTOL) industry is at a critical juncture, with some companies securing investments and partnerships for commercial launches, while others are failing [5]

Core Viewpoint - Archer Aviation is gaining attention in the electric vertical takeoff and landing (eVTOL) aircraft sector due to strategic partnerships and financial backing, despite its current stock price decline [1][2]. Company Overview - Archer Aviation has seen its shares drop by 36% this year, currently trading just over $6, raising questions about potential investment opportunities [2]. - The company has established partnerships with major players like Stellantis and United Airlines, as well as Southwest Airlines and Ethiopian Airlines, to deploy its eVTOL aircraft [3]. - Archer is also exploring applications in the defense sector, attracting interest from the U.S. military and Anduril, an autonomous systems developer [4]. Financial Profile - Archer's market capitalization is approximately $3.7 billion, but it is a pre-revenue business with no sales yet, relying on strategic investors for funding [6][8]. - The company has maintained a disciplined cost structure, but net losses are increasing while cash reserves are rising, indicating reliance on external funding for R&D and scaling [8]. - Analysts are optimistic about Archer's potential for significant revenue growth in the coming years, although the company remains a cash-burning operation dependent on outside financing [11]. Market Potential - The eVTOL market presents a vast addressable market for Archer, encompassing commercial aviation, defense contracting, and AI applications [5]. - Investing in Archer is likened to investing in a start-up, with expectations of future revenue generation but current high volatility and speculative nature [9][12].