Regulatory Progress
Exceptional lean-in from regulators globally, with significant progress in the U.S., UAE, UK, Japan, and Australia. The FAA's publication of the Special Federal Aviation Regulation (SFAR) was delivered ahead of schedule.
Partnerships and Demonstrations
Strengthened partnerships with Toyota, Uber, and Delta, including Toyota's increased investment of $500 million. Successful international demonstration flights completed in Japan.
Balance Sheet Strength
Total available balances expected to reach approximately $1.4 billion following recent capital raises, including $222 million in October and a $500 million investment from Toyota.
Production and Manufacturing Improvements
Completion of the first FAA-conforming tail assembly and 35% of composite components being manufactured for FAA-conforming builds. Production efficiency improved by over 30%.
Community and Engagement Initiatives
Successful public events in Los Angeles and New York City, engaging over 75,000 community members and stakeholders.