The combined forces of escalating geopolitical tensions and rising defense budgets are spurring many electric vertical takeoff and landing (eVTOL) makers to take a two-pronged approach to building their aircraft: crewed vehicles for personal or commercial taxi use, and uncrewed vehicles meant for logistics and defense purposes. AIR, an Israel-based startup developing eVTOLs, thought it […]
AIR lands $23M to bring its eVTOLs to the US Read More »
Joby Aviation has doubled the size and production capacity of its pilot manufacturing facility in Marina, California, as it races to commercialize eVTOLs (electric vertical takeoff and landing vehicles) by early next year. The now-435,500-square-foot facility will be able to produce 24 aircraft per year, and “nearly one” every other week once fully operational, according
Joby Aviation doubles pilot eVTOL facility capacity as it races to launch air taxis Read More »
Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize. Joby, which went public in 2021 via special purpose acquisition merger, did not provide a timeline for when it plans to launch its partnership with Virgin in
Joby Aviation and Virgin Atlantic partner to launch electric air taxis in the UK Read More »
On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models
Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook Read More »
On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models
Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook Read More »
A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by investors from Europe and North America, has agreed to acquire the operating assets of the startup’s two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH,
Shuttered electric air taxi startup Lilium may be saved after all Read More »
Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain financing and exit insolvency failed. The publication Gründerszene was the first to report the layoffs. Lilium co-founder and CEO Patrick Nathen confirmed
Electric aircraft startup Lilium ceases operations, 1,000 workers laid off Read More »
