Important Innovations Collection

Miami Becoming a Global Capital of Flying Taxis Flying Taxi Partnership Between Hyundai & Miami Hyundai's urban air mobility division, Supernal, has signed an agreement with the city of Miami to launch air taxi services in South Florida by 2028.  The agreement establishes a framework to win buy in from industry and community stakeholders in order to achieve the regulatory approvals needed to start air taxi services.   Strategic Flying Plan Supernal is a young startup, formed by Hyundai in November 2021. The agreement to start operations in Miami is their first air taxi deal. Supernal's strategic plan is to develop an air taxi network as an integrated component of an end-to-end ridesharing, app-based system. The company is currently developing their air taxi model with Boston Dynamics, HTWO and Motional. From the artist renderings of the eVTOL, it appears to be a tilt rotor, propulsion design aircraft with fixed wings.  The vehicle would carry 4 to 5 passengers....

Flying Taxi Sets Speed & Flight Length Records                                                                         Source:  Joby Aviation Readies For Takeoff for Commuters Thanks to Joby Aviation, we may soon be hailing flying air taxis to get around cities.  The California-based startup's full-size prototype S4 has successfully completed what the company claims is the fastest flight of an eVTOL to date.  It hit speeds of 205 mph.  The previous record was 200 mph.  It is believed the eVTOL was piloted by remote control and is operating as a drone.  Joby has also established a new range record of 154.6 miles on a single charge during a 77-minute flight.  As a result of these test flights, Joby holds the current records for speed and f...

Joby Aviation Going Public on NYSE                                                       Source:  Joby Aviation Big Tech Investors Behind the eVTOL Company Electric aviation company Joby Aviation is going public on the NYSE.  It is using a reverse merger with a special purpose acquisition company (SPAC) to do so.   The northern California company will come out of the box with a valuation of $6.6 billion.  Joby is a very hot "future of mobility" company.  It recently acquired Uber's flying taxi division.  Joby is backed by Toyota, Intel and Jet Blue.  And, the SPAC company it is merging with - Reinvent Technology - is run by Linked-In cofounder Reid Hoffman and Zynga founder Marc Pincus.  As part of the SPAC deal, Joby will get $1.6 billion cash. Joby is readying its flying taxis for sc...

Joby Considers Going Public                                                                      Source:  Joby Air Taxi Flying Taxis Fleets by 2023 The dawn of flying taxis is getting closer.  California based startup Joby is exploring the possibility of going public.  Joby is a very hot aircraft technology company developing an all electric, zero emissions, vertical air taxi which it hopes to put into service by 2023.  Also it recently took over Uber's flying taxi unit Elevate.  As part of the deal, Uber took a stake in Joby. Potential of Significant New Money There is no guarantee that Joby will go public.  But it has hired investment bankers and it reportedly is exploring a merger with what is called a "blank check" or special purposes company at a valu...