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Archer Aviation strikes Korean Air deal for eVTOL air taxis
Reuters· 2025-10-20 14:10
Core Insights - Archer Aviation has entered into a partnership with Korean Air to commercialize electric air taxis in South Korea, indicating a significant step towards the adoption of urban air mobility solutions [1] Company Summary - The partnership includes a potential purchase of up to 100 electric air taxis, showcasing Archer Aviation's commitment to expanding its market presence and operational capabilities in the Asian market [1]
Joby Aviation Announces Pricing of Underwritten Offering of Common Stock
Businesswire· 2025-10-08 01:38
Core Viewpoint - Joby Aviation, Inc. has announced the pricing of its underwritten offering, aiming to raise approximately $513.9 million through the sale of common stock at $16.85 per share [1] Group 1: Offering Details - Joby will sell 30,500,000 shares of common stock in the offering [1] - The offering price is set at $16.85 per share, leading to gross proceeds of about $513.9 million [1] - An additional 30-day option has been granted to the underwriter to purchase up to 4,575,000 additional shares [1]