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Joby Aviation and automotive powerhouse Toyota are further deepening their relationship. After an equity investment and a consulting role, Toyota is now set to become a key supplier for the powertrain and actuation components for Joby’s eVTOL, the two companies...

Joby Aviation could be tapping into a new market for its eVTOL vehicles, having signed a contract with the US Air Force to deliver nine aircraft to them. The Air Force will test the electric vehicles to check if they fit into its passenger and cargo operations. US Air...

Vertical Aerospace will seek new investments later this year to make sure that it is adequately funded to meet its objectives for 2024 and beyond. The Advanced Air Mobility (AAM) start-up says existing funding is sufficient for 2023 and 2024, as it has a net cash...

Fresh into the new year, Archer Aviation has announced a further deepening of its partnership with Stellantis. The automotive giant will take an equity share in the Advanced Air Mobility start-up and also join forces to manufacture the Midnight eVTOL, the two...