Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger service in the U.S., once the company has received type certification of

Powered lift includes aircraft described by industry watchers as electric vertical takeoff and landing, or eVTOL. Using tilt rotors, eVTOL aircraft are designed to take off and land vertically like a helicopter and then transition into forward flight on fixed wings like a plane.

Federal regulatory update creates first new class of aircraft in 80 years, sets the stage for future of passenger and cargo transport