The future of electric vertical takeoff and landing aircraft in America just got a lot more exciting. And the White House is behind it.

What’s happening:

  • President Donald Trump has officially signed a new executive order that is focused on accelerating the future of electric vertical takeoff and landing aircraft in the United States of America

Why it matters:

  • The new executive order calls for a pilot program to be established in America for testing electric vertical takeoff and landing aircraft for transportation, emergency medical care, shipping cargo and even defense logistics

Going deeper:

  • The United States federal government has publicly stated they will select five real world pilot projects focused on electric vertical takeoff and landing aircraft to fast track through regulatory obstacles and collaborate with on complying with public safety regulations
  • The new policy changes out of the White House also call for the Federal Aviation Administration to develop a new regulatory framework for integrating electric vertical takeoff and landing aircraft into national airspace
  • Electric vertical takeoff and landing aircraft have become an emerging theme for transportation globally, with China just recently granting a historic approval to EHang Holdings (NASDAQ: EH) to begin commercial operations and carry passengers on fully autonomous flights without a pilot

The intrigue: