A U.S. startup promising to drastically cut the time required for engineering design and analysis by providing cloud-based access to massive computing power.
An agreement to launch commercial air taxi services in Dubai in the 2025-2026 timeframe would make the emirate one of the first active UAM markets in the world.
Joby has partnered with Skyports Infrastructure and the Dubai government’s Road and Transport Authority to launch air taxi service in the emirate by 2026.
Vertical Aerospace CEO Stephen Fitzpatrick took action this week to reassure viability of his company by committing up to $50 million in additional capital.
FBO Atlantic Aviation has signed agreements with Archer and Joby Aviation to install electric aircraft charging sites at a handful of its airport terminals.
The U.S. Air Force has an interest in exploring small eVTOLs with light payloads between 400 and 500 lb., as well as even smaller aircraft with payloads of 100-250 lb.
Announced on Jan. 8, the agreement calls for Clay Lacy to build an electrical infrastructure to support Joby’s Global Electric Aviation Charging System (GEACS).
The AAM Stock Composite ticked up 3% during the week ending Nov. 24, as strong gains from EHang canceled out a lackluster performance from other air taxi OEMs.
