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Kicks off FAA Part 135 air carrier certification process Now in first of five stages towards becoming certified airline Expects to achieve certification in 2022 Joby Aero Inc. (“Joby”), a California-based company developing all-electric aircraft for commerc...
Flight completed during developmental flight testing Longest ‘eVTOL’ flight to date Joby Aero Inc. (“Joby”), a California-based company developing an all-electric air taxi for commercial passenger service, today announced it had achieved an import...
Electric vertical takeoff and landing company Lilium CEO Daniel Wiegand joins us to discuss closing SPAC deal with Qell Acquisition in Q3. With Palantir and Honeywell as investors and partners, Lilium is in a race with other aviation startups to deploy battery-powered aircraft that ca...
Reid Hoffman’s third SPAC Reinvent Technology Y is merging with Aurora Innovation in a $10.56B EV deal. Aurora Innovation is among the top businesses aiming to commercialize self-driving technology. As a zero revenue decacorn, putting money on this SPAC is akin to buying in...
designprojects/iStock via Getty Images Daniel Wiegand, co-founder and CEO of electric vertical takeoff and landing company Lilium, is confident that the company will close its SPAC deal with Qell Acquisition (QELL) in Q3 as originally expected. "We intend to close the transaction in...
Extraordinary General Meeting of Shareholders to be Held on August 5, 2021 Reinvent Technology Partners (“RTP”) (NYSE: RTP), a special purpose acquisition company that takes a “venture capital at scale” approach to partnering with bold leaders and...
Vertical Aerospace is going public through a SPAC merger. A diverse partnership ecosystem gives Vertical an efficient path to commercialization. The eVTOL market is bombarded with investment pitches. Ideas are just ideas, they should be treated as such. As the SPAC market cool...
Chase Coleman’s 13F portfolio value increased from $39B to $43.47B this quarter. Tiger Global increased DocuSign, DoorDash, Shopify, and Zoom Video while decreasing Uber Technologies and Facebook during the quarter. The largest three positions are JD.com, Microsoft, and Rob...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. The inflation debateA higher-than-expected inflation print in the U.S. yesterday showed prices soaring by 5% in May compared with a year ago, marking the b...
sergeysan1/iStock via Getty Images SPAC Broadstone Acquisition (BSN) rose 1.3% in after hours trading after the company confirmed a deal to take British flying taxi startup Vertical Aerospace public.The transaction is expected to close in second half of 2021 and values the combined ...
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Toronto, Canada (ABN Newswire) - In this segment of The Ellis Martin Report we chat with Dr. Paul West-Sells, CEO of Western Copper and Gold (NYSE:WRN) (TSE:WRN). What are the fundamentals for copper? Why have both Rio Tinto and Mitsubishi staked a major investment in WRN's Casino Project? Dr. We...
First U.S.-based eVTOL company listed on public market to begin trading on NYSE under ticker “JOBY” on August 11, 2021 Proceeds raised plus cash on balance sheet as of March 31, 2021, equaling approximately $1.6 billion are expected to fund Joby through initial...