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Electric Air Mobility

All articles tagged with #electric air mobility

Joby Aviation’s Cessna Caravan Completes First Fully Autonomous Cross-Country Flight
technology23 days ago

Joby Aviation’s Cessna Caravan Completes First Fully Autonomous Cross-Country Flight

A retrofitted Cessna Caravan operated by Joby Aviation has completed the first fully autonomous cross-continental flight in the United States. Departing from Concord, California, on September 7, the aircraft traveled 3,199 miles to North Carolina without any control inputs from the human safety pilot onboard. The flight, which concluded on September 14, utilized autonomous programming for all phases, including taxiing, takeoff, navigation, and landing. Joby Aviation, which acquired the technology through its 2024 purchase of Xwing, stated that the system has logged over 400 flights and 800 automated hours. The aircraft is now undertaking a return journey to California with scheduled stops in multiple states.

Archer Aviation Gains $850M Boost Amid U.S. E-VTOL Industry Surge
business1 year ago

Archer Aviation Gains $850M Boost Amid U.S. E-VTOL Industry Surge

Archer Aviation has secured $850 million in funding, boosting its cash reserves to nearly $2 billion, signaling strong investor confidence in its plans to develop electric air taxis and expand into commercial operations, supported by favorable government policies and strategic partnerships like with United Airlines. Despite not yet generating revenue, its stock has surged 260% over the past year, and analysts give it a moderate buy rating with a slight upside potential.