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Air taxi firm Joby acquires defense tech company for $500 million

Electric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market as commercial development has taken longer than expected and defense spending has ramped up, driven by wars in Ukraine and the Middle East.

Air taxi firm Joby acquires defense tech company for $500 million

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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