Joby Aviation’s Strategic Pivot: Building a Defense-Fueled Revenue Engine Electric aviation remains a costly bet. For years, Joby Aviation has poured resources into developing its S4 eVTOL aircraft, working through the complex FAA certification process and laying the groundwork for urban air mobilit...
Joby Aviation has agreed to acquire Resonant Sciences, an Ohio-based maker of radio frequency and sensor systems, for $500 million in cash and stock. The deal, disclosed in a regulatory filing on Tuesday, marks Joby's latest push into the defense sector and provides the electric air taxi developer w...
Electric Air Taxis Are Here — But Who’s Flying? Electric air taxis are finally taking flight — just not with passengers. These futuristic aircraft, designed to carry people across cities without traffic, are now being tested in real-world conditions. But for now, they’re flying empty. The main goal ...