Joby Aviation didn’t work in stealth mode, but they didn’t make any big product development announcements either. Now, for the first time, Joby has released video footage of the Joby Aviation air taxi in flight. (See the flight video and the CEO’s merger announcement below.)
The quiet electric vehicle can carry 5 passengers over a distance of 150 miles at a speed of up to 200 miles per hour.
Joby recently announced a merger of the Special Purposes Acquisition Company (SPAC) with Reinvent Technology Partners, which Joby valued at just over $ 5.7 billion. The merger also paves the way for Joby to become public. A recent DRONEMASTERS briefing stated, “Joby Aviation, a US urban air mobility provider, is going public in the second quarter of this year.” In the urban air mobility market in particular, there is currently a huge appetite for publicly traded drone companies, what is evident in the increased activity of the EHang share.
This could be the final boost the Joby Aviation air taxi has to take to the skies by 2024, as the company plans. Joby has already acquired Uber Elevate, which not only saw a funding agreement but could also indicate a very ready market for urban air mobility.
“We are one step closer to realizing this fantastic future. We can’t wait to see you on board. Thank you, ”said JoeBen Bevirt, Founder and CEO of Joby, in announcing the merger.
Miriam McNabb is editor-in-chief of DRONELIFE and CEO of JobForDrones, a marketplace for professional drone services, and a fascinating observer of the emerging drone industry and the regulatory environment for drones. Miriam has written over 3,000 articles focusing on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam graduated from the University of Chicago and has over 20 years experience in high-tech sales and marketing for new technologies.
For advice or writing in the drone industry, email Miriam.
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