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    Top 3 Flying Car Stocks to Invest in Now: November 2023

    Years ago, the idea of flying cars seemed like something out of a sci-fi movie. However, today, it’s becoming more of a reality. While we may not have cities full of flying cars just yet, companies in the flying car industry are making significant progress and showing excellent growth potential. In this article, we will take a look at three flying car stocks that you should consider adding to your portfolio.

    1. Lilium (LILM)
    Lilium N.V. (NASDAQ: LILM) is causing a stir in the flying car world and is an undervalued stock worth considering. The company recently raised an impressive $192 million in funding from major German tech investors, allowing it to further develop its Lilium Jet. Lilium has also obtained crucial certifications from the European Union Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA), making it the only eVTOL manufacturer with dual certification for a powered eVTOL aircraft.

    Lilium has also made significant strides in partnerships and market presence. It has partnered with ArcosJet DMCC, purchasing 10 Lilium Jets and gaining exclusive distributor authorization for the Middle East. Additionally, Lilium has a partnership with the Bao’an District of Shenzhen Municipality in China and a preliminary agreement for 100 Lilium Jets. The company’s financial intelligence is evident, with second-quarter expenses staying on budget, showcasing their efficiency and focus on key program objectives. Furthermore, Lilium has expanded its partnership with InoBat to produce high-performance battery cells, ensuring a stable supply chain for its innovative jet.

    2. Blade Air (BLDE)
    Blade Air Mobility (NASDAQ: BLDE) is a rising star in the flying car sector and an undervalued stock with tremendous potential. In the third quarter of 2023, Blade achieved impressive financial results, including netting $2.0 million from operating activities and positive free cash flow of $1.3 million. The company saw an $8.4 million increase in net cash and a $7.8 million increase in free cash flow compared to the previous year.

    Behind these numbers are strategic triumphs, such as security screening on the runway at Nice International Airport and the opening of a dedicated heliport in Atlantic City. Blade is also making waves in the medical sector with its innovative organ placement service, reducing travel times and costs for organ transplants. The company is revolutionizing urban air transportation, providing efficient transportation options to and from urban centers.

    Blade is also preparing for the future of electric aviation with its Electric Vertical Aircraft. In partnership with BETA Technologies, Blade made history with a monumental Electric Vertical Aircraft flight in New York. This showcases their commitment to a future where aviation is not only accessible but also environmentally friendly.

    3. Embraer (ERJ)
    Embraer S.A. (NYSE: ERJ) is a Brazilian company that specializes in commercial and business aircraft. While not solely focused on flying cars, Embraer is worth considering as an undervalued stock option. In the third quarter, the company delivered 43 aircraft, showing a 30% increase from the previous year. Revenues reached US$ 1,284 million, with a significant 68% growth in commercial aviation. Additionally, adjusted EBIT increased to 7.8%, indicating a solid financial performance.

    Embraer’s order backlog reached a record high of US$ 17.8 billion, highlighting the company’s strong position in the market. The company’s partnership with Eve Air Mobility and NATS Services to develop air traffic management services for urban air mobility demonstrates its commitment to faster and more sustainable urban transportation. Embraer’s collaboration with Kookiejar to implement its urban air traffic management system in Dubai further showcases its global growth in this sector.

    In conclusion, the flying car sector is showing tremendous growth potential, and investing in flying car stocks can be a lucrative opportunity. Lilium, Blade Air Mobility, and Embraer are three companies worth considering for your portfolio. These companies are making significant progress in the industry, securing certifications, forming strategic partnerships, and revolutionizing urban transportation. Keep an eye on these flying car stocks as they continue to shape the future of transportation.

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