Municipalities placing caps on fees may be an existential threat to these companies.
Joby Aviation has acquired Uber Elevate, with plans to have an electric flying-taxi network by 2023. Now it’s been endorsed by the Air Force.
EmbraerX has launched a new startup to develop its network, while Lilium has agreements with two major airports to establish regional vertiports.
Before we have fully autonomous cars doing our bidding, they’ll need to think for themselves. The question is, can they?
The tech giant is trying to lure new investors after a history of burning through cash.