Important Innovations

 Hyundai and GM Are Pushing eVTOL Development                                                               Source:  Hyundai Flying Taxi Concepts & Port Hyundai Sees Flying Taxi Commercialization in US By 2025 GM and Hyundai are accelerating their development of flying cars. South Korea automaker Hyundai believes it could have an air taxi service operational within four years and possibly before 2025.  GM believes its air taxi service will be up and running by 2030 because of technical and regulatory issues that the entire industry needs to address.  There are a growing number of developers in the field ranging from startups to global airplane makers like Airbus.  The flying cars under development are largely eVTOLs or electric, vertical takeoff and landing vehicles.  The...

  Joby Aviation Going Public on NYSE        Source:  Joby Aviation Big Tech Investors Behind the e-VTOL 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 scaled-up takeoffs in partnership with Toyota. Awesome eVTOL Technology Joby was founded by inventor JoeBen Bevirt.  He's developed an e-VTOL (electric vertical takeoff and lan...

  Orlando, Florida Will be Germany's Lilium's 1st US Vertiport                                                       Source:  Lilium Lilium's US Air Taxi Operations Start in 2025 from Florida Germany's Lilium air-taxi is one of the most promising, successfully tested and well funded air mobility startups in the world.  I've been blogging about the company's achievements for some time. It now has $375 million in investor funding.  It is establishing a Dusseldorf, Germany Vertiport planned for its eVTOLs - electric vertical takeoff and landing vehicles.  And now, it announced its first US Vertiport at Lake Nona, a smart city being built near Orlando International Airport.  5 year old Lilium is racing ahead in the eVTOL field to revolutionize short haul transit. Lilium is an electric, green, air taxi se...