Joby Is Losing Money, but the Milestones Keep Coming
Get an update on Joby, Virgin Galactic, and more in this week’s Future of FLYING newsletter.
Get an update on Joby, Virgin Galactic, and more in this week’s Future of FLYING newsletter.
Blade saw revenue growth in nearly all segments of its business, but those gains were balanced out by widening net losses.
The AFWERX SBIR Direct-to-Phase II agreement will develop tools to enable on-demand air taxis for the Air Force.
The 200-acre site will support urban and advanced air mobility manufacturing, operations, maintenance, repair, training, and more.
Samson Sky added 115 vehicles to its order books at EAA AirVenture and now has more than 2,400 reservations from 57 countries.
Funding and agreement will speed development and commercialization of the company’s aircraft, which takes off from runways as short as 150 feet.
The company’s net loss skyrocketed, but its strong cash position and continued certification progress keep it on track for a 2025 launch.
Flying car manufacturer’s A5 can drive like an automobile, take off from the runway like an airplane, or ascend vertically like a helicopter.
The Air Force’s AFWERX division will deploy up to six aircraft for personnel transport, logistics support, rescue operations, and more.
The Boeing-owned eVTOL manufacturer showed off its Generation 5 demonstrator to hundreds of attendees at EAA AirVenture.