Uber Elevate Sells to Joby Aviation: The Advance of Air Taxis and Urban Air Mobility

Uber Elevate, Uber’s urban air mobility (UAM) initiative, has been acquired by Joby Aviation. Joby Aviation  is a developer of an all-electric, vertical take-off and landing (VTOL) passenger aircraft.   As part of the deal, Uber has invested a further $75 million in Joby. While Joby has to date operated without fanfare, a press release […]

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