Joby's agreement with the Abu Dhabi government is intended to support an air taxi ecosystem in the UAE where the company wants to launch service in 2025.
The AAM Stock Composite was mostly flat during the week ending April 19, as a rise in EHang’s share price offset weakness elsewhere in the unweighted index.
A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service
Archer Aviation has unveiled the completion of a series of initial battery drop tests, demonstrating the safety and resiliency of its proprietary battery packs.
Routine drone operations across the country by 2027 and autonomous air taxi demonstration flights by 2030 are among targets set in the future aviation plan.
Joby is a vertically integrated OEM developing most of its own components and systems in-house, while Archer is relying on Tier One legacy aerospace suppliers.
A U.S. startup promising to drastically cut the time required for engineering design and analysis by providing cloud-based access to massive computing power.
Emirates Airline president Tim Clark is open to cooperating with urban air mobility provider Joby as it prepares to set up an air taxi operation in Dubai.
An agreement to launch commercial air taxi services in Dubai in the 2025-2026 timeframe would make the emirate one of the first active UAM markets in the world.
