joby aviation

joby aviation

Photo courtesy of Joby Aviation

Delta Airlines invested $60 million in Santa Cruz-based electric aircraft startup Joby Aviation Tuesday as the major airline begins to seriously consider using electric air taxis as a way to shuttle people to and from their airport destinations.

The deal sees Delta investing $60 million in exchange for a 2% stake and a seat on Joby’s board, but it could be worth much more.

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Image courtesy of Wisk Aero

Everyone hates traffic, and it’s no secret that Los Angeles has some of the worst commutes in the country. Drivers in the LA area waste an average of 62 hours – more than an entire work week – in traffic every year, making it the sixth most congested city in the country.

To cope with the taxing traffic, some local startups aren’t thinking of ways to revitalize the county’s aging and unfinished freeway system: instead, they’re looking to the skies.

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