Mentioned:
Travis Kalanick’s company wants in on the future of electric air taxis. And they’re partnering up with Joby Aviation to do it.
What’s happening:
- Joby Aviation (NYSE: JOBY) and Atoms have formed a new partnership to acquire and develop new transportation hubs for electric vertical takeoff and landing aircraft
Why it matters:
- This is the first time Joby Aviation and Atoms have ever partnered together to develop vertiports as next generation transportation hubs in the United States
Going deeper:
- Joby Aviation has publicly stated that they are planning to initially develop locations in Florida, New York, Texas and California as part of their new strategic partnership with Atoms
- Joby Aviation previously notably became the first company ever to successfully complete multiple test flights of their electric vertical takeoff and landing aircraft in New York City
The intrigue:
- Atoms is led by Uber (NYSE: UBER) founder Travis Kalanick with the sole focus of automating physical industries and just recently made major waves in Silicon Valley when they raised a $1.7B USD financing round which was led by a16z
