Uber Elevate, Uber's urban air mobility (UAM) initiative, has been acquired by Joby Aviation. Joby Aviation is a developer of an all-electric, vertical take-off and landing (VTOL) passenger aircraft. As part of the deal, Uber has invested a further $75 million in Joby. While Joby has to date operated without fanfare, a press release announces that the deal brings Joby … [Read more...] about Uber Elevate Sells to Joby Aviation: The Advance of Air Taxis and Urban Air Mobility
Joby Aviation
The Model for Urban Air Mobility that Big Money is Backing: Toyota’s $394 M Investment in Passenger Drones
Joby Aviation, pioneers in electric propulsion aircraft, have just received another massive funding round to make their vision of urban air mobility (UAM) - drone taxis - a reality. Urban Air Mobility is a big topic, and there are a lot of players in the space. There are a variety of different models of how UAM might work - everything from the Jetson's idea of everyone in … [Read more...] about The Model for Urban Air Mobility that Big Money is Backing: Toyota’s $394 M Investment in Passenger Drones
