Joby Aviation's electric air taxi. Joby is one of four industry partners aiming to support regional eVTOL air taxi networks connecting Dallas, Austin, San Antonio, and eventually Houston. [Photo: Joby]
Toyota, whose North American HQ is in Plano, took its eyes off the road long enough to scan the skies and invest $500 million more in California-based Joby, for a total of $894 million it's invested to date. The investment is aimed at "realizing the two companies’ shared vision of air mobility," Toyota said.
During simulations at NASA’s FutureFlight Central, air taxi operations were simulated buzzing around the busy, complex Dallas-Fort Worth airspace. Joby and NASA's goal: evaluating how this next-gen traffic can be integrated into today’s airspace using existing air traffic control tools and procedures.
In this weekly roundup of funding, merger, and acquisition activity, you’ll also find news from TestFit, Valify, Pharos Capital, EDSCO Fasteners, and Dottid.
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North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Dallas–Fort Worth has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
McKinney-based Mission Critical Group—an end-to-end power systems and solutions provider specializing in design, manufacturing, delivery, and lifecycle services—has made a strategic investment in WattEV, headquartered in Long Beach, Calif.
MCG said it will leverage WattEV’s field-tested power-conversion technology to redefine power delivery for AI factories through next-gen 800 VDC architecture....
North Texas is a big place with plenty of opportunities. Here’s a curated roundup of contests and competitions; accelerator and recognition programs; and resource and grant opportunities for North Texas innovators. ...