Air TaxiShould Aerospace Be Scared by Hyundai's Move into Urban Air Mobility? South Korean automaker Hyundai continues to snap up talent for its urban air mobility (UAM) division, hiring Michael Whitaker, former deputy administrator of the Federal Aviation Administration, as its global head of…
Air TaxiJoby Aviation Closes $590 Million Funding Round Led by Toyota Joby Aviation has closed a $590 million Series C investment round led by Toyota Motor Company, which led the round with a $394 million investment. Along with the financial backing, Toyota will…
Air TaxiHyundai Creates Urban Air Mobility Division, Hires Longtime NASA Engineer Hyundai Motor Group has created an Urban Air Mobility (UAM) division and hired longtime NASA aeronautics director Dr. Jaiwon Shin to lead it at the executive vice president level. Hyundai is the…