Read articles about UAM (Urban Air Mobility) travel, such as metropolitan commutes between the city and suburban areas, urban air taxi services using electric eVTOL, hybrid electric VTOL, hydrogen powered VTOL, or conventionally powered VTOL.
Dubai is working nonstop to become the world’s first city with a fully developed vertiport network for eVTOLs by 2026. Once complete, this will pave the way for other cities and areas across the globe to catch up to Dubai and join the worldwide trend of air taxi services within an Urban Air Mobility (UAM)…
London, August 5, 2025 – Vertical Aerospace (NYSE: EVTL), the pioneering electric aviation company based in Bristol, England, has provided an exciting update on its operations for the first half of 2025, marking significant advancements in the development of its flagship VX4 eVTOL aircraft. With strong operational and commercial momentum, the company has made critical strides in…
On August 4, 2025, Joby Aviation (NYSE:JOBY) struck a deal to acquire Blade Air Mobility’s (NASDAQ:BLDE) urban passenger business, including the Blade brand and operations in the U.S. and Europe, for up to $125 million, with $35 million tied to performance and retention milestones This is a logical step for Joby, which is projected to be a leader in…
Archer Aviation (NYSE: ACHR) has been designated as the Official Air Taxi Provider for the LA28 Olympic and Paralympic Games and Team USA. As the official air taxi, Archer will be transporting athletes, dignitaries, other VIPs and stakeholders, as well as lucky fans across the key venues, back and forth from the vertiport hubs. Archer will…
Against the backdrop of the iconic Mount Fuji, Joby Aviation, Inc. (NYSE:JOBY) in a partnership with Toyota that has been 7 years in the making, Joby’s eVTOL aircraft took to the Japanese skies flying quietly under a low acoustic footprint without disturbing the serenity and tranquility of Mount Fuji. Toyota’s Higashi-Fuji Technical Center in Shizuoka,…
Joby finalized the sale of 40,000,000 shares of common stock at a public offering price of $5.05 per share, making Joby possessing a cash balance of over $1 billion. The company held $825 million by the second quarter of 2024. Early this October, Joby received a $500 million in funding from Toyota. This puts the…
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