Joby Splits Commercial and Defense VTOL Projects With $500M Acquisition
Manufacturer says new defense unit will allow its core business to focus on commercializing an electric air taxi.
Manufacturer says new defense unit will allow its core business to focus on commercializing an electric air taxi.
45,000-square-foot site at Perot Field Fort Worth Alliance Airport will serve as Joby Aviation’s base for future Texas activities.
Partners plan to construct a network of electrified sites for eVTOLs to take off and land.
Partners create a joint venture that is planned to become the exclusive third-party manufacturer of Joby’s air taxi.
Attendees on Saturday and Sunday can take a spin on Joby Aviation’s mobile flight simulator.
More trials will come to New York and 25 other states in the coming months.
Joby Aviation partners with ASI for live operational demonstrations later this year.
‘National showcase’ will include demonstrations in several cities across the U.S.
Company until now had conducted testing using developmental and preproduction prototype aircraft.
Archer accuses Joby of undertaking a ‘years-long calculated scheme’ to defraud the U.S. government.