Joby Aviation

ZDNet | January 16, 2020

Japanese car manufacturer Toyota has been named as the lead investor in Californian-based aerospace company Joby Aviation's latest Series C funding round, which raised $590 million. Of that total, Toyota contributed $349 million. In the latest funding round, Toyota was also joined by prior investors Toyota AI Ventures, Intel Capital, Sparx Group, Capricorn Investment Group, JetBlue Technology Ventures, and AME Cloud Ventures, as well as new investors Baillie Gifford and Global Oryx. With thi...

AVIATION TECHNOLOGY

theverge | December 02, 2020

Uber's eager and eccentric exertion to dispatch a flying taxi administration is coming in for an arrival. As indicated by Axios, the ride-hailing organization has consented to sell its Uber Elevate division to clandestine startup Joby Aviation. The news comes as Uber CEO Dara Khosrowshahi endeavors to push his organization closer to benefit, which incorporates the offer of the cash losing portions of the business. The organization is additionally supposed to investigate the of...

AIR TRANSPORT

Joby Aviation | June 04, 2021

Joby Aviation, a California-based company developing all-electric aircraft for commercial passenger service, today announced it has partnered with REEF Technology (“REEF”) and Neighborhood Property Group to develop takeoff and landing sites for its aerial ridesharing service, launching in 2024. REEF is the country’s largest parking garage operator focused on transforming these underutilized assets into multi-use mobility hubs. REEF’s assets include more than 5,000 ...

AIR TRANSPORT

Joby Aviation | July 30, 2021

Joby Aero Inc., a California-based company developing all-electric aircraft for commercial passenger service, announced that it has begun obtaining a Part 135 Air Carrier Certificate from the Federal Aviation Administration (“FAA”) to establish the first eVTOL airline. Joby needs a Part 135 Air Carrier Certificate to operate its revolutionary aircraft as an air taxi service in cities and communities throughout the United States. This is one of three regulatory approval...