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Flying Taxi Fueled by Investors
Joby Aviation's $590 Million Investor Infusion
Source: Joby Aviation VTOL
Toyota Lead Investor
There's a flying taxi readying for takeoff. Joby Aviation, which develops electric flying taxis, has secured $590 million in investment money. Toyota is the lead player at $394 million, followed by Intel Capital, Jet Blue VC and Toyota's AI Ventures. Joby Aviation, headquartered in northern California, has developed a very impressive VTOL (vertical takeoff and landing) vehicle.
Joby's flying taxi goes up to 200 mph, 150 miles + on a single charge, is 100-times more quiet than conventional aircraft and has zero carbon emissions. The vehicle seats 4 passengers, vertically takes off like a helicopter and smoothly transitions to forward flight. The $590 million is the biggest investment ever made in a flying taxi company.
eVTOLs are the hottest category of flying cars. Six urban air mobility vehicles are currently moving forward in the FAA's certification process. The players are big. For instance, Bell has a full sized prototype, the 4EX air taxi. Hyundai just unveiled its S-A1 at CES 2020. And Uber is working on its prototypes, which it will test fly this year and launch in LA, Melbourne and Dallas in 2023.
Multi-Billion Dollar Industry
Overall, $2 billion in R&D money has been invested in eVTOLs. There are estimates that the market for eVTOLs will hit $500 million by 2025 and $2 billion by 2035.
Robot, Cut My Lawn Source: Husqvarna Mowers Robo Mowers Powered by Batteries - No Gas It's at the top of my robotic wish list. A robot lawn mower. No astronomical bills and upselling from lawn service companies. Just a nicely cut lawn and no hassles. Innovation seems to be knocking at the front door with news on robotic mowers. Green Robots at the Cutting Edge There's a slew of new robot mowers. Models include Worx Landroid for smaller lawns, Honda that cuts and feeds lawns, Robomow for all-purpose mowing and Husqvarna that's loaded with cell & GPS tech. These mowers aren't cheap. Prices range from $1000 to $3500. They're powered by rechargeable batteries so they're quiet. You pay more for online enhancements. And, if your lawn is loaded with trees and hills, your robot mower is going to be a lot more expensive. Grass Vacuums Robot mowers look a lot like big robot vacuums such as iRobot's Roomba. They roam and groom your lawn. Their
1st Test for CTE, Sports-Related, Traumatic Brain Injuries in the Living Source: Stock images of football players Breakthrough Research and Discoveries by Boston University Scientists CTE is the danger for players inherent in any contact sport. Repeated hard hits to and rattling of the head in the course of games taking a cumulative toll and resulting in traumatic brain injury CTE which is a fatal disease. Until now, there was no way to detect it in the living. The only reference points for doctors were changes in mood and behavior in the patient following a bad hit to the head and concussion.. But now, there is a brain scan test to detect the abnormal protein tau which is an indicator that the disease condition is present. It's an important breakthrough just announced by scientists at Boston University. For a great news blog, go to Important Innovations Collection: Breakthrough on CTE Brain Injuries from Sports : First Test for CTE in the Living Source: Stock
Superstar Robot Packers Source: CMC CartonWrap Superstar Customers The Italian packaging company CMC in the medieval town of Citta di Castello has robot machines at the cutting edge of 2019 filling some very big orders for big clients and it delivers. The robotic packaging machine is called CartonWrap. It can box and seal 600 to 1000 items of every shape and size every hour, 24/7, including in tailor made boxes. Clients of the automated packaging machines include Amazon, Walmart and Gucci. Big Business in Italy CMC and CartonWrap are one of 630 companies in Italy making automated packaging machines. This is the new robotic, automated economy and it is one of Italy's fastest growing industries. In fact, the sector is accelerating 9X's faster than the overall Italian economy. It's another example of robotic technology cutting time, costs and in this case packaging waste and creating a whole new avenue of global business that's a disruptor.