The Vertical Flight Society has been working to advance electric vertical takeoff and landing (eVTOL) aircraft since 2013, providing technical, professional and business resources to this burgeoning sector. As a leading advocate of the “Electric VTOL Revolution,” VFS has been holding its Electric VTOL Symposiums since 2014, started its Electric VTOL Newsletter in 2016, and launched its Electric VTOL website in 2017.
The US Air Force got an unexpected payoff in April from, of all things, the novel coronavirus pandemic. COVID-19 led the service to officially launch Agility Prime — its initiative to boost electric vertical takeoff and landing (eVTOL) aircraft and related technologies — online instead of live. Broad participation by senior military officers and government officials in the quickly organized “virtual conference” showed significant support for Agility Prime within federal ranks.
In the seven years since 100 invited visionaries gathered in Arlington, Virginia, for the first annual VFS Transformative Vertical Flight (TVF) Workshop, the dream of electric vertical takeoff and landing (eVTOL) aircraft has progressed from something perceived as a wild-eyed fantasy promoted by secretive companies to a diverse and full-fledged industry.
For the past 11 years, Joby Aviation has been on a quest to develop the ultimate electric vertical takeoff and landing (eVTOL) aircraft, but few details of the company’s aircraft and progress have been shared with the public.
That changed in January when Joby stepped out of the shadows and released images of the production version of its all-electric, five-seat tiltrotor in conjunction with the announcement of a $590M Series C financing that brought the company’s total funding, including previous rounds, to $720M.
Toyota is exploring a new flight path for mobility through a new collaboration with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. The collaboration reflects Toyota’s recognition of the long-term potential of the urban air mobility market to meet the evolving needs of society, as well as Joby’s position as an industry leader in working to deliver safe and affordable air travel to everyone.
Joby Aviation, a pioneer in the development of an electric air taxi, has raised $590 million in Series C funding led by Toyota Motor Corporation. Prior investors, including SPARX Group, Intel Capital, Capricorn Investment Group, JetBlue Technology Ventures, Toyota AI Ventures, and AME Cloud Ventures, also contributed to the round, and were joined by new investors Baillie Gifford and Global Oryx (ALJ family’s investment arm).
On Dec. 20, Uber announced that the company had signed a multi-year commercial partnership with Joby Aviation to launch a fast, reliable, clean and affordable urban air taxi service in select markets. Joby will supply and operate the electric air taxis, and Uber will provide airspace support services, skyport infrastructure, connections to ground transportation and customer interfaces through its aerial rideshare network.
Joby Aviation and Uber have signed a multi-year commercial partnership to launch a fast, reliable, clean and affordable urban air taxi service in select markets. Joby Aviation will supply and operate the electric air taxis, and Uber will provide airspace support services, skyport infrastructure, connections to ground transportation, and customer interfaces through an aerial rideshare network.
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