Venture Capitalists Jump on JoeBen’s Bandwagon

Dean Sigler Electric Powerplants, Sky Taxis, Sustainable Aviation Leave a Comment

People waste billions of hours sitting on roads worldwide each year. We envision a future where commuting by eVTOL (electric Vertical Takeoff and Landing) is a safer, faster, and cost-competitive alternative to ground transportation. We have spent the last ten years developing the technologies that have made our full-scale technical demonstrator possible and are now ready to build a commercial version of the aircraft. We’re excited to have attracted the backing of leaders in auto manufacturing, data intelligence, and transportation sectors. —Joby Aviation founder and CEO JoeBen Bevirt (Green Car Congress) A Knack for Making and Attracting Money That backing came February 1st in “funding from investors including Intel Capital, Toyota AI Ventures, JetBlue Technology Ventures, and Capricorn Investment Group, a …

EAS VIII: Joby Motors – on Simple and Complex Airframes

Dean Sigler Electric Powerplants, Sustainable Aviation Leave a Comment

JoeBen Bevirt, founder and CEO of Joby Aviation, Joby Motors, and related enterprises, has thought long and hard about the financial costs and lost productivity brought about by the daily automotive commute, a 1.6 hour per day ordeal for many in our urban centers.  JoeBen and the Atlantic magazine agree that commuters squander 5.5 billion hours and 2.9 billion gallons of fuel annually, stuck in the fitful despair of slow or unmoving traffic, sharing only frustration and polluted air with their fellow motorists. JoeBen told attendees at the April Electric Aircraft Symposium that several years before, he had the seeming pipe dream of moving people by air in a single-seat, eight-motorm, vertical takeoff and landing, electric commuter aircraft that would …