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.
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....
Allen-based drone technology company EagleNXT is investing in Ohio-based Agilis Air Inc. The deal pairs the startup’s low-cost, modular quadcopter drones with EagleNXT’s long-endurance fixed-wing systems.
It is the company’s third strategic investment this year, CEO Bill Irby told Dallas Innovates....
A University of Texas at Arlington researcher will lead a new, federally funded effort to keep AI systems honest and secure in some of the nation’s most sensitive scientific work.
Habeeb Olufowobi, a faculty member in UTA’s computer science and engineering department, will head the project, the school announced....
Frisco-based Public Storage completed the acquisition of National Storage Affiliates Trust (NSA), headquartered in the Denver suburb of Greenwood Village. When the agreement was signed in March, the deal had a reported value of about $10.5 billion....
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....
Allen-based drone technology company EagleNXT is investing in Ohio-based Agilis Air Inc. The deal pairs the startup’s low-cost, modular quadcopter drones with EagleNXT’s long-endurance fixed-wing systems.
It is the company’s third strategic investment this year, CEO Bill Irby told Dallas Innovates....
A University of Texas at Arlington researcher will lead a new, federally funded effort to keep AI systems honest and secure in some of the nation’s most sensitive scientific work.
Habeeb Olufowobi, a faculty member in UTA’s computer science and engineering department, will head the project, the school announced....
Frisco-based Public Storage completed the acquisition of National Storage Affiliates Trust (NSA), headquartered in the Denver suburb of Greenwood Village. When the agreement was signed in March, the deal had a reported value of about $10.5 billion....