The electric air taxi company Joby Aviation completed a merger with Reinvent Technology Partners (RTP) on Aug. 10 making it the first publicly traded electric vertical takeoff and landing (eVTOL) company on the market. The company had $1.6 billion cash on its balance sheet as of March 31 and this ...

The Air Force’s Agility Prime program has been investing in the development of electric air taxis and could have one of these aircraft in use by 2023, Col. Nathan Diller, AFWERX director, said during AUVSI’s virtual Unmanned Systems Defense 2021 keynote on July 28.  “We’re looking at a ...