Air Taxis Are Coming

The deal will give Joby $1.6 billion in gross proceeds to continue development of its electric vertical takeoff and landing (“eVTOL”) aircraft. Touting its “first-mover advantage,” Joby intends to use the proceeds to fund the business through the beginning of commercial operations, which Joby expects in the U.S. in 2024 before expanding globally.

NIH Director: Masks ‘Still Important’ Post-Vaccination, ‘Even If We’re Overdoing It, That’s Fine’

On Wednesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” NIH Director Dr. Francis Collins stated that even after people have been vaccinated, “we don’t know exactly whether it’s still possible for that person to carry the virus. It might be, and until we have better data, then masks are still important.” And that on masks, “Even if we’re overdoing it, that’s fine. Better that than run the risk of infecting more people.”

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