Reinvent Technology Partners surged after inking a merger deal with the air taxi enterprise Joby Aviation on Wednesday.
Joby Aviation will acquire Uber Elevate in another sell-off from the ride-hailing giant during the pandemic. Uber will invest $US75 million in Joby Aviation which, combined with a previously undisclosed $US50 million investment in January from Uber, brings the latter’s total fundraising haul to $US820 million. Joby expects to begin […]
New York’s Hopscotch Air is an air taxi firm that seeks to offer a cost-efficient alternative to aircraft charter with piston-powered aircraft. CEO Andrew Schmertz has been using the downturn as a way to reimagine his operation and how air taxis can be used to fill the void left by […]
The modern-day air taxi isn’t a futuristic vertical take-off and land aircraft but often a propeller aircraft that’s inexpensive to operate and can comfortably fly passengers on regional routes. Hopscotch Air provides air taxi flights from airports across the Northeast as a cost-effective alternative to chartering a traditional private aircraft […]
Airbus’ Silicon Valley incubator Acubed is pressing forward with a data collection program that will support future autonomous flight operations. Acubed’s Project Wayfinder just acquired a Beechcraft Baron 58 and equipped it with onboard cameras and instrumentation to be used as a flying lab for researchers. Successful test flights of […]
Embraer is working on the future of flight through its EmbraerX division. At Uber’s Elevate conference, the company showed off its first design for an air taxi. We spoke to CEO Antonio Campello about how the team broke traditional aerospace design rules for the new plane. WASHINGTON, DC – There’s […]
