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Joby

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business4 months ago

Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives

Shares of Joby and Archer Aviation surged after announcing their participation in the White House's eVTOL testing program, which aims to accelerate the adoption of electric vertical takeoff and landing vehicles, seen as a step toward commercial flying car services. The program, initiated by President Trump, allows mature eVTOL companies to operate in select markets before full FAA certification, boosting investor confidence in these companies' future growth.

via Barron's|
#archer-aviation#business#evtol
transportation2 years ago

Electric Air Taxi Successfully Completes Inaugural Flight Above New York City

Joby, a California-based company, conducted the first-ever electric air taxi flight over New York City, showcasing the potential of air taxis as a future transportation option. The company plans to electrify the heliport in downtown Manhattan, providing a vertiport for Joby and other electric vertical takeoff and landing (eVTOL) manufacturers. Joby aims to make emissions-free flight an affordable reality for New Yorkers and plans to partner with Delta Airlines to launch its air taxis in New York City by 2025. Other eVTOL manufacturers, such as Volocopter and eHang, have also tested their aircraft over cities, signaling the growing interest in this emerging industry.

via Robb Report|
#electric-air-taxi#evtol#infrastructure