PRESS RELEASE: Joby Aviation, Inc. this week became the first company to fly an all-electric vertical takeoff and landing (eVTOL) aircraft as part of NASA’s Advanced Air Mobility (AAM) National Campaign.
Actor, director and activist Christopher Reeve said in a 1996 speech, “So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable.”
After a full year of precautionary measures related COVID-19, VFS continues to provide webinars on relevant vertical takeoff and landing (VTOL) and electric VTOL (eVTOL) developments to keep members learning and actively engaged.
This year, the US Air Force’s Agility Prime initiative will help finance the flight test and certification efforts of about 20 different eVTOL aircraft participating in its “Air Race to Certification” program.
A year after the electric vertical takeoff and landing (eVTOL) aircraft industry saw its first start-up valued at more than $1B (see “The First Electric VTOL Unicorn: Joby Aviation,” Vertiflite, March/April 2020), a growing number of companies across the advanced air mobility (AAM) industry are looking to merge with a Special Purpose Acquisition Company (SPAC) that is already publicly traded to raise the funds necessary to bankroll future growth.
Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing (‘eVTOL’) aircraft, which it intends to operate as a commercial passenger aircraft from 2024, today announced that it has begun generating revenue as part of achieving another major milestone in the Agility Prime program.
In the year since Joby Aviation saw its valuation pass the $1B mark — known as a unicorn — the company has become more public in its quest to become first to market in the electric vertical takeoff and landing (eVTOL) air taxi market. The recent release of photos and video showing the Joby Generation 2.0 aircraft hovering and in wingborne flight highlights the continuing advances in the aircraft’s flight test program.
Until recently, Uber was often one of those companies that people seem to love to hate. Stemming from the well-publicized antics of its founding CEO Travis Kalanick, workplace scandals and the no-holds-barred expansion strategy of its startup years, most people were skeptical and suspicious of Uber’s intentions and motivations when it announced its interest in electric vertical takeoff and landing (eVTOL) aircraft.
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