Joby Aviation Investors Hope To Avoid Lilium And Volocopter Fate

Joby Aviation flying prototyeJoby AviationThey’ve been dropping like flies. In just the last 3 months, air taxi hopefuls Lilium Air Mobility and Volocopter filed for insolvency.These companies believed they had the better electric Vertical Take-Off and Landing (eVTOL) design, a flying, urban taxi of sorts whose number of passenger seats can be counted on just one hand while flying short urban hops.Like moths to a flame, often naïve investors were attracted to this flypaper because it allowed them to deploy ...