Joby Aviation To Acquire Uber Elevate
California-based aerospace company Joby Aviation has announced that it will be acquiring Uber aerial ridesharing unit Elevate as part of “an expanded partnership between the two parent companies.” Uber has also agreed to invest an additional $75 million in Joby, which is developing an all-electric, vertical take-off and landing (eVTOL) passenger aircraft, as part of […]