SPAC Deal Funds Joby Through UAM Scale-up

Graham Warwick February 24, 2021
Joby is working with Toyota to prepare for volume production of its S4 tiltprop eVTOL air taxi.
Credit: Joby Aviation
Joby Aviation is going public in a transaction that will provide the urban air mobility (UAM) startup more than $1.5 billion to complete aircraft development and begin air taxi services. The deal comes with a long-term commitment from investors to back the company through the scaling up of its...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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