(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will ...

In early November, leaders from both businesses celebrated a successful test flight of a four-passenger all-electric air taxi ...

Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to ...

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

Take off in the possible future of air travel with the virtual version of Joby's air taxi in Microsoft Flight Simulator 2024 ...

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

Vertical has been testing its VX4 vehicle, which will have a range of up to 100 miles, a cruise speed of 150mph and capacity for four passengers. Simpson said the company was committed to bringing its ...

The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...

Needham analyst Chris Pierce initiated coverage on Joby Aviation, Inc. (NYSE:JOBY) at a Buy rating with a price target of $8.

Joby and Archer are pioneering the urban air mobility (UAM) sector, developing aircraft capable of vertical takeoff and ...