As though by magic, money from Wall Street, venture capitalists and other investors show a growing interest and cash flow in sky taxis. It started on August 11 with JoeBen Bevirt of JOBY ringing the bell that starts trading on the stock market floor. As one web site points out, it’s up to the discretion of the New York Stock Exchange (NYSE) as to who gets to ring the bell and, “Only those companies with stocks or exchange-traded funds (ETFs) listed on the exchange can ring the bell.” We’ll look at a sampling of companies making electric Vertical Take Off and Landing (eVTOL) vehicles and selling in domestic and foreign markets for an overview of what’s hot. Later, we’ll look …
Drones Meeting the Corona Virus Challenge
“Ramadan Mubarak, Dean! “As a kid who grew up in the ’80s, I thought by 2020 we’d have flying cars and a clean planet, and yet here we are grappling with a global pandemic and much uncertainty in these very strange times.” This greeting from Hani Almadhoun, Director of Philanthropy for the the United Nations Agency for Palestine Refugees in the Near East. UNRWA USA, reminds us of our common humanity and spirituality while lamenting the fact that we don’t yet have those long-promised flying cars or at least a well-looked-after planet. Like the virus, the unfulfilled dream of a “flying car” seems universal. Faced with an imperfect reality, fixed- and rotary-wing drones are showing their worth in fighting the …