Four Urban Air Mobility (UAM) and eVTOL manufacturing companies have already reached a market value of over USD 1 billion, according to Drone Industry Insights, a leading source for business intelligence in the field of commercial drones.

This list includes only companies listed on stock exchanges. See below:

Joby
USD 3.22 billions
United States
NYSE

Vertical Aerospace
USD 1.55 billion
United Kingdom
NYSE

Archer Aviation
USD 1.21 billion
United States
NYSE

Lilium
USD 1.15 billion
Germany
Nasdaq

The four companies entered the stock markets in the second half of 2021, which demonstrates that there is still a lot of room for growth, especially with the progress in the development of projects and the expectation of starting operations by 2024 in some countries.

It is also worth mentioning two companies that are connected with passenger drones and might also be worth keeping an eye on. These companies are Eve Air Mobility whose commercial drone stock will begin trading in Q2 of 2022 as well as helicopter service provider Blade Urban Air Mobility which is already listed in stock markets and aims to get more involved with electric air taxi flights.”

Drone Industry Insights.

Eve is expected to be listed on the NYSE in the second half of 2022. The entry on the stock market came after the merger with the Zanite Acquisition and the operation should value the company at about US$ 2.4 billion, a value that would place it as the second company in the field with the highest market value in the world.