NASA kicked off test flights of electric vertical take-off and landing (eVTOL) aircraft — colloquially referred to as “flying cars” — with Joby Aviation, the Northern California company that recently ...
Late Thursday, Joby announced plans to sell 40 million additional shares of its common stock at $5.05 apiece. The deal, which includes an underwriter option to purchase additional shares, would raise ...
Electric aircraft companies have done some significant preparatory work in this area, he says. “You can much more easily do convertible flight modes – vertical take-off and horizontal cruise ...