Toyota is investing an additional $500 million in Joby Aviation, with the funding to support certification and commercial production of its electric air taxi.
Joby continues to advance toward type certification, submitting test plans for its S4 air taxi, while continuing with certification tests of components.
Joby's agreement with the Abu Dhabi government is intended to support an air taxi ecosystem in the UAE where the company wants to launch service in 2025.
Startup Vertical Aerospace has won an £8 million ($10 million) grant from the UK government to develop next-generation propellers for its VX4 eVTOL air taxi .
A cascading loss of propellers resulting from a blade failure caused by an anomalous propeller tilt mechanism was the likely cause of the crash of a Joby S4.