UK-based Vertical Aviation is taking on Archer Aviation and Joby Aviation in New York after announcing plans for its own electric vehicle takeoff and landing (eVTOL) aircraft network in the US's largest city. Collaborating with Bristow Group and Skyports Infrastructure, Vertical Aerospace plans to deliver electric air travel routes in and out of Manhattan and connect airports with key New York sites.
Joby Aviation reported its 2025 full year financial results on February 25, 2026, with net losses widening to $929.8M despite strong liquidity. The Californian advanced air mobility developer continued to invest in its eVTOL development program, which is advancing towards the final stages of certification with the FAA.
Joby Aviation has completed the first flight of its hybrid turbine-electric demonstrator aircraft, marking a significant expansion of its technology roadmap. The aircraft integrates a hybrid powertrain into its existing electric VTOL platform and is equipped with SuperPilot autonomous flight technology.
Joby Aviation has successfully completed the first crewed electric aerial taxi flight between two locations in the UAE, as part of Dubai's air taxi plans. The flight took place on November 16, 2025, and was conducted in partnership with the Roads and Transport Authority (RTA) of Dubai.
Joby Aviation has successfully flown its first hybrid-electric vertical takeoff and landing aircraft, with plans to pitch it to military customers through an agreement with L3Harris. The autonomous system will be produced by Joby but missionized for military users.