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Microsoft’s climate fund backs sustainable jet fuel company Dimensional Energy

TechCrunch

The increasing need to reduce carbon emissions drives many industries, including airlines and transportation, to seek sustainable alternatives to meet emission reduction targets and fulfill corporate social responsibility commitments.

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Autonomous flight startup Merlin Labs nabs $105M and US Air Force partnership

TechCrunch

Autonomous flight is a grand challenge in aviation — and a gold mine. The first company to crack it at scale stands to reap handsome profits from transportation and logistics alone. Federal Aviation Administration (FAA) to provide commercial service. In 2020, the size of the global cargo airline industry was $110.8

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Joby Aviation partners with Japanese airline to launch air taxi service

TechCrunch

Joby Aviation is partnering with Japanese airline ANA to bring aerial ridesharing services to Japan. Toyota Motor Corporation will be partnering with the two companies, as well, in order to explore ways to connect the air taxis to ground-based transportation.

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Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

TechCrunch

Uber has offloaded its air taxi enterprise Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitability. To date, Joby Aviation has raised $820 million. Joby was the first partner to commit to deploying air taxi services by 2023.

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Joby Aviation narrows down to Ohio or North Carolina for new air taxi factory

TechCrunch

Joby Aviation is on the verge of choosing the location for its electric aircraft factory, with the choice now between Ohio and North Carolina, according to multiple sources who spoke to TechCrunch on condition of anonymity. Department of Defense. Joby and Delta are looking to roll out the service in New York and Los Angeles first.

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Merlin Labs emerges from stealth to bring autonomy to 55-King Air fleet

TechCrunch

A few years later, after the transportation company he founded Bridgj was acquired by Singapore-based Transit Systems, he started thinking about how he could bring the innovations that were taking place in autonomous ground transportation to the air. Federal Aviation Administration. million in seed funding and $21.5

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Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem

TechCrunch

Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon’s Climate Pledge Fund. The Climate Pledge fund has also made contributions toward electric vehicle manufacturer Rivian, battery recycler Redwood Materials and ZeroAvia, a hydrogen fuel cell aviation company.