Jump to content

Flying Taxi Company Joby Expands Defense Department Deal to as Much as $75 Million

Recommended Posts

May be another expanding part of electric  transport to watch.


"Joby Aviation Inc., the electric aircraft company working on flying taxis, has increased the size of its contract with the US Defense Department to as much as $75 million. The company plans to announce the new agreement on Wednesday.

The California-based company makes electric-powered, vertical takeoff and landing vehicles, or eVTOLs. Its Defense Department deal, which runs through 2025, more than doubled in size from a $30 million value and now includes the US Marine Corps. The contract reflects recent interest from Washington in electric aircraft that are cheaper to maintain than traditional helicopters and have zero emissions.

“Continued momentum with government customers has always been an important part of how we go to market,” said Joby Executive Chairman Paul Sciarra. Sciarra said additional military users testing the aircraft will help Joby improve manufacturing, flight operations and other functions before it launches a taxi service to the public -- a milestone the company aims to hit in 2024.

Joby has been working with the Air Force for the past two years to test its prototype aircraft that transports four passengers at speeds up to 200 miles per hour and can fly 150 miles on a single charge. The lightweight vehicles aren’t designed for combat and will be used mainly for military logistics including medical emergencies and transporting supplies. Sciarra said that the Army and Navy have also identified eVTOL aircraft as a “critical area of interest” although they are not part of the contract expansion announced Wednesday.

Like Archer Aviation Inc., Beta Technologies Inc. and other eVTOL competitors vying to remake urban transportation, Joby must surmount regulatory and logistical hurdles before taking off."



Edited by RV_
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


RVers Online University


Our program provides accurate individual wheel weights for your RV, toad, and tow vehicle, and will help you trim the pounds if you need to.

Dish For My RV.

RV Cable Grip

RV Cable Grip

All the water you need...No matter where you go

Rv Share

RV Air.

Find out more or sign up for Escapees RV'ers Bootcamp.

Advertise your product or service here.

The Rvers- Now Streaming

RVTravel.com Logo

  • Create New...