March 28, 2024

Web and Technology News

Joby Aviation narrows down to Ohio or North Carolina for new air taxi factory

Joby Aviation is on the verge of choosing the location for its electric aircraft factory, with the choice now between Ohio and North Carolina, according to multiple sources who spoke to TechCrunch on condition of anonymity. The California-based startup, which went public in 2021 via a merger with a special purpose acquisition company, is developing […]

Joby Aviation receives permit to fly first eVTOL built on production line

Joby Aviation has reached a series of milestones that put it on track to deliver its first electric aircraft to a customer by 2024 and to commercialize an air taxi service by 2025. Joby’s Marina, California pilot production plant, which operates in partnership with Toyota, has rolled out its first eVTOL (electric vertical takeoff and […]

Joby Aviation receives permit to fly first eVTOL built on production line by Rebecca Bellan originally published on TechCrunch

Waymo doubles its robotaxi footprint, Joby lands $180M and the latest sign generative AI has reached peak hype

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Waymo doubles its robotaxi footprint, Joby lands $180M and the latest sign generative AI has reached peak hype by Kirsten Korosec originally published on TechCrunch

Joby Aviation lands $180M equity investment from returning backer Ballie Gifford

Ballie Gifford is buying nearly 44 million newly issued shares in Joby Aviation, a purchase that will provide a $180 million injection of capital into the company as it continues to develop all-electric aircraft for a commercial passenger service. Joby Aviation said Wednesday as part of its first-quarter earnings report that it will sell 43,985,681 […]

Joby Aviation lands $180M equity investment from returning backer Ballie Gifford by Kirsten Korosec originally published on TechCrunch

Joby Aviation accelerates path to market with $55M DoD contract

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 […]

Joby Aviation accelerates path to market with $55M DoD contract by Rebecca Bellan originally published on TechCrunch

Joby flies towards 2025 commercial launch with final assembly of eVTOL

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 […]

Joby flies towards 2025 commercial launch with final assembly of eVTOL by Rebecca Bellan originally published on TechCrunch

Joby, Delta Air Lines to pilot home-to-airport eVTOL transportation

Electric vertical takeoff and landing (eVTOL) aircraft startup Joby Aviation is partnering with Delta Airlines to deliver “home-to-airport” transportation services to Delta customers starting in New York and Los Angeles — although it might be more accurate to call it a   “neighborhood-to-airport” service, one that will rely on a network of local vertiports to fly […]

Joby, Delta Air Lines to pilot home-to-airport eVTOL transportation by Rebecca Bellan originally published on TechCrunch

Joby Aviation secures certificate to operate commercial air taxis

Joby Aviation — the publicly-traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administration to begin on-demand commercial air taxi operations, the company said on Thursday. While it’s a significant milestone that puts Joby closer to its stated goal of launching […]

The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi frens, welcome back to The Station, your weekly guide to everything going on in the world of transportation. First up, TechCrunch finally got back onstage and in-person […]

The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi frens, welcome back to The Station, your weekly guide to everything going on in the world of transportation. First up, TechCrunch finally got back onstage and in-person […]

Joby Aviation acquires Avionyx to accelerate aerospace software certification

Joby Aviation, a California-based company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service, announced the acquisition of Avionyx, an aerospace software engineering firm, on the TechCrunch Sessions: Mobility stage on Wednesday. The companies did not disclose the terms of the deal, but Joby did say that it was an acqui-hire, which […]

Here’s everything you’ll see at TechCrunch Mobility next week

TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. An online day will follow on May 20 to give our audience, including those who were […]

TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, electric vertical takeoff and landing vehicles were largely consigned to our imaginations. I can name more movies that feature flying cars than I can eVTOL companies, […]

Volocopter raises $170M, now valued at $1.87B, to fuel the first commercial launches of its flying taxi fleet

Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical take-off and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches. It has raised $170 million, funding […]

NTSB investigating Joby aircraft crash

The National Transportation Safety Board is investigating the crash of a Joby Aviation experimental aircraft on Wednesday in Jolon, California. The incident involved a prototype that was being remotely piloted during flight testing at Joby’s test base in California, according to regulatory filings. During the early testing phase of aircraft, the Federal Aviation Administration often […]

Joby Aviation partners with Japanese airline to launch air taxi service

Joby Aviation is partnering with Japanese airline ANA to bring aerial ridesharing services to Japan. Toyota Motor Corporation will be partnering with the two companies, as well, in order to explore ways to connect the air taxis to ground-based transportation. Joby’s intent to start up operations in Japan comes to light a week after the […]

The Station: Tesla’s rough week, China’s AV strategy and Joby’s air taxi play in South Korea

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Tesla […]

Joby Aviation to launch air taxi service in South Korea

California-based electric vertical takeoff and landing startup Joby Aviation plans to offer an air taxi service in South Korea in partnership with SK Telecom (SKT), one of the country’s largest telecommunication companies. The two partners signed a strategic collaboration agreement on Sunday at Joby’s manufacturing facility in Marina, California. To provide better integration between land […]