Joby Aviation Reveals Its Electric Aircraft In Flight For The First Time

Joby Aviation, the electric aviation company based in Northern California, is the latest futuristic mobility company to go public via a reverse merger with a special purpose acquisition company, or SPAC. To celebrate, the company is releasing the first footage of its electric aircraft in flight. Joby, which is backed by Toyota and recently acquired…

Jeff Bezos Steps Up Effort Into Blue Origin’s Project Kuiper

Freed from his daily obligations at Amazon, Jeff Bezos is expected to turn up the heat on his space venture, Blue Origin, as it faces a pivotal year and fierce competition from Elon Musk’s SpaceX, industry sources said. The 57-year-old Bezos, a lifelong space enthusiast and the world’s second-richest person behind Musk, said last week…

Boeing Plans to Buy Brazilian Embraer

Boeing Co.’s purported bid for Embraer SA looks low. Boeing has been aggressively pursuing a takeover of the Brazilian regional jet maker, a remarkable shift for a company that dubbed a similar combination struck by Airbus SE and Bombardier Inc. in October “a questionable deal” that wouldn’t force it to change its strategic path. Many…

US$ 10 billion, 126 fighter planes

The world’s 4th largest air force, The Indian Air force has finally put up the Request for Proposal for 126 multi role combat aircraft. The deal is worth an estimated Rs.42,000 crores (US$ 10 billion). A Sukhoi-30MKI of No.20 Squadron armed with five R-77 Adder and six R-73E Training missiles (Bharat Rakshak) In the race…