Joby Aviation Secures $250M Investment From Toyota

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Joby Aviation, the California-based developer of electric vertical takeoff and landing (eVTOL) aircraft, has announced the successful closing of the first $250 million tranche of a previously disclosed strategic investment from Toyota Motor Corporation. The funding reinforces Toyota’s commitment to supporting Joby’s efforts in bringing electric air mobility to market.

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Kalitta Air Supports IAI’s FAA Certification Efforts for Boeing 777-300ERSF

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Kalitta Air, a U.S.-based cargo airline, is collaborating with Israel Aerospace Industries (IAI) to support the certification of the Boeing 777-300ERSF, a converted freighter model designed to enhance cargo capacity and efficiency. IAI aims to secure Federal Aviation Administration (FAA) certification for the B777-300ERSF, with Kalitta Air providing essential operational support throughout the certification process….