Tag: Joby Aviation

Uber invests $75 mn in Joby Aviation; sells air taxi business Uber Elevate

Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing passenger aircraft, has announced that Uber Technologies, Inc has agreed to invest a further $75 million in Joby as part of a broader transaction involving the acquisition of Uber Elevate by Joby and an expanded partnership between the two parent companies.  This investment…