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The selected projects include a partnership between the Port Authority of New York and New Jersey and companies Joby Aviation, Archer Aviation, Beta Technologies and Electra. 

Joby is among a handful of startups developing eVTOL aircraft — electric vertical takeoff and landing vehicles — to fly customers on short commuter journeys via battery-powered air taxis.

The company is among a handful of startups developing electric vertical takeoff and landing vehicles to fly customers on short commuter journeys via battery-powered air taxis.

Blade’s passenger business, which Joby acquired in August, currently operates routes in the New York metropolitan area and southern Europe via its own consumer app.

The electric aviation pioneer seeks to expand its battery-powered air taxis into a ready-made market for its aircraft.

Air taxi startup Joby Aviation expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026, according to its CEO.

Air taxi startup Joby Aviation plans to double aircraft output capacity at its main production site in California, just weeks after completing its first piloted test flights.

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.