What's That In the Manhattan Sky? A Flying Car From Joby. The Stock Is Up.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Electric vertical takeoff and landing aircraft is the technology that might bring air taxi service to cities.

Monday, New Yorkers might be heard saying it’s a bird, it’s a plane, it’s an eVTOL aircraft from Joby Aviation.

Aerospace enthusiasts and investors will be treated to a show in New York City on Monday. Around 11 a.m., a Joby eVTOL is expected to fly down Manhattan’s West Side, according to people familiar with the flight. Along with start-ups, the aerospace companies Boeing and Airbus have eVTOL programs. The industry is getting funding from airlines as well as car makers.

Blade is betting that eVTOL technology will dramatically increase the market it can serve. Lower costs and less noise would allow it to operate in many more locations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines