Companies / Categories / Overair
Defunct
Overair
Butterfly tiltrotor eVTOL; ceased operations (2025); IP/staff links to Archer reported
Santa Ana, California, USA · US
Overview
Overair (with Karem Aircraft heritage) developed the Butterfly tiltrotor eVTOL for passenger AAM. Industry reporting in 2025 states the company ceased operations after investor Hanwha Systems stopped further funding; subsequent reports describe Archer acquiring related patent portfolio and hiring key staff. Listed as defunct for catalog status.