‘This Is Not the End of the Road’ Says Former Eviation CEO

February 24, 2025

Highlights

The problem certainly lies in a lack of funding. “I said it at the Revolution.Aero event in 2022, just after our first flight, it is investment. Whether VTOL, CTOL, whatever, we are all pulling from the same pool of money. So, unfortunately it is the same problem for everyone right now,” says Davis. It is also hard to see it changing, unless someone makes a new compelling economic argument or revolutionary batteries suddenly come on the market. “But that is probably five to 10 years away. In the intervening period, I think the companies that survive will be those that have direct investment from military programmes. A good old-fashioned, US Air Force style competition like the kind that funded the C5 or the 747 development.” Eviation may struggle to achieve this due to its commuter centric design, but aviation has seen bigger pivots before. The dual purpose road is certainly an avenue receiving more footfall lately.