The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under ...

Learn about neuromorphic cameras and pilotless air taxis, on the latest episode of drone news podcast Weekly Wings!

Europe's flying taxi leaders are burning through cash — and investors aren't rushing to fill the gap for eVTOL startups ...

The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...

Take off in the possible future of air travel with the virtual version of Joby's air taxi in Microsoft Flight Simulator 2024 ...

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

Joby and Archer are pioneering the urban air mobility (UAM) sector, developing aircraft capable of vertical takeoff and ...

Vertical Aerospace Ltd outlined a longterm plan to ramp up deliveries and achieve profitability by the end of the decade, ...