Joby Aviation has signed an agreement with Uber that makes it the first developer of an eVTOL aircraft to commit to meet the Uber Elevate initiative’s 2023 target to deploy commercial urban aerial ridesharing services.
Boeing and NASA were working to preserve as many test objectives as possible for the unmanned orbital debut of Boeing’s CST-100 Starliner after a timer issue scuttled the capsule’s engine firing needed to reach the ISS.
Private equity investors Main Street Capital Holdings on Dec. 18 said it created a new company, Compass Precision, to acquire precision metal manufacturers.