eVTOL

Joby Aviation lands $180M equity investment from returning backer Baillie Gifford

Baillie Gifford is buying nearly 44 million newly issued shares in Joby Aviation, a purchase that will provide a $180 million injection of capital into the company as it continues to develop all-elect

Joby Aviation accelerates path to market with $55M DoD contract

Electric vertical takeoff and landing (eVTOL) company Joby Aviation’s strategy for launching commercially in 2025 is becoming more clear. The startup secured a $55 million contract from the U.S.

Joby flies towards 2025 commercial launch with final assembly of eVTOL

Electric vertical takeoff and landing (eVTOL) company Joby Aviation has taken another step on its path to start a commercial air taxi service by 2025. The company said Tuesday that it’s begun fi

Ryse Aero’s one-person eVTOL is like a flying ATV

Air taxis make up most of the hype surrounding eVTOLs — electric vertical takeoff and landing vehicles — despite their long path to market, steep upfront costs and plethora of regulatory hurdles.

China’s EV upstart Xpeng ready to take off with flying permit

Xpeng, a Chinese electric vehicle upstart, is gearing up to launch its eVTOL into the air as it secures a key regulatory green light. AeroHT, owned by Xpeng and Xpeng founder He Xiaopeng, just obtaine

Evolito, with an axial-flux motor lighter than Tesla’s, starts ramping up its team

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA el

Volocopter raises $182M to bring air taxi closer to certification

Volocopter, a German startup building electric vertical takeoff and landing (eVTOL) vehicles, has secured $182 million for the second signing of its Series E round. That’s on top of the $170 mil

Joby, Delta Air Lines to pilot home-to-airport eVTOL transportation

Electric vertical takeoff and landing (eVTOL) aircraft startup Joby Aviation is partnering with Delta Airlines to deliver “home-to-airport” transportation services to Delta customers start

Volocopter completes crewed eVTOL test flight out of Rome vertiport

German electric vertical takeoff and landing (eVTOL) startup Volocopter conducted its first crewed public test flight in Italy Thursday morning. The flight launched from a vertiport built at Rome&#821

Wisk Aero reveals its market-ready, self-flying air taxi

EVTOL company Wisk Aero will put forward its Generation 6 four-passenger autonomous air taxi for FAA certification.

Kitty Hawk, the electric aircraft moonshot backed by Larry Page, is shutting down

Kitty Hawk, the electric aviation startup founded and led by the “godfather of self-driving cars” Sebastian Thrun and backed by Google co-founder Larry Page, is shutting down. The company

Joby Aviation’s contract with US Air Force expands to include Marines

The United States Department of Defense is deepening its relationship with electric vertical take-off and landing (eVTOL) aircraft company Joby Aviation.  Joby said Wednesday that it is expanding its

Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system

Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced Tuesday at the Farnborough Airshow in the U.K., will co

Overair nabs $145M to produce eVTOL prototype by 2023

Overair, a California-based electric vertical takeoff and landing (eVTOL) vehicle startup, has secured $145 million in funding that will go toward the development of Butterfly, the company’s exp

Unlikely players team up to lead South Korea’s air taxi industry

South Korea, which lacks the VC, entrepreneurial ecosystem and aerospace legacy of the U.S., might be the first to lay the groundwork for taking air mobility from expensive project to viable service.

Joby Aviation secures certificate to operate commercial air taxis

Joby Aviation — the publicly traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administrati

Joby Aviation acquires Avionyx to accelerate aerospace software certification

Joby Aviation, a California-based company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service, announced the acquisition of Avionyx, an aerospace softwar

Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make sure trafficking the skies doesn&#

TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, elect

4 eVTOL trends moving the air taxi industry closer to takeoff

The billions raised by eVTOL companies last year mean one thing for 2022 — massive growth. These trends will influence how entrepreneurs and investors participate in the burgeoning eVTOL ecosystem.
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