Electric vertical takeoff and landing (eVTOL) company Joby Aviation’s strategy for launching commercially in 2025 is becoming more clear. The startup secured a $55 million contract from the U.S. Department of Defense Tuesday, a deal that will allow the company to put its aircraft into customers’ hands and start generating revenue before it has achieved…
Electric vertical takeoff and landing (eVTOL) company Joby Aviation’s strategy for launching commercially in 2025 is becoming more clear. The startup secured a $55 million contract from the U.S. Department of Defense Tuesday, a deal that will allow the company to put its aircraft into customers’ hands and start generating revenue before it has achieved…
The route will connect O’Hare International Airport and downtown Chicago in 10 min.
United Airlines and aircraft maker Archer Aviation have announced a flying taxi service for Chicago that will use small electric aircraft.
Electric vertical takeoff and landing (eVTOL) company Joby Aviation has taken another step on its path to start a commercial air taxi service by 2025. The company said Tuesday that it’s begun final assembly on its “company-conforming” eVTOL, which is essentially a prototype that’s a couple steps away from the final version. Joby expects to…
Air taxis make up most of the hype surrounding eVTOLs — electric vertical takeoff and landing vehicles — despite their long path to market, steep upfront costs and plethora of regulatory hurdles. Ryse Aero Technologies, an Ohio-based startup building aircraft that are akin to flying ATVs, thinks eVTOL tech could be put to better use…
Xpeng, a Chinese electric vehicle upstart, is gearing up to launch its eVTOL into the air as it secures a key regulatory greenlight. Aeroht, owned by Xpeng and Xpeng founder He Xiaopeng, just obtained a special flight permit from the Civil Aviation Administration of China, the country’s counterpart to the U.S. Federal Aviation Administration. The…
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