- Joby S2 takes off like a helicopter, but once airborne its 12 propellers fold up so it can glide like a plane
- The aircraft has 16 electric propellers, 12 of which are designed for vertical take-off and landing (VTOL)
- Joby S2 requires five times less energy and travels five times faster than traditional auto transportation
- Joby Aviation believes it will cost $20,000 to make each aircraft and due to its fully electric operation, running costs should be a fraction of what a typical helicopter requires
New Delhi, February 07, 2018: Secretive start-up Joby Aviation has come a step closer to making its flying taxi a reality.
The California-based company, which is building an all-electric flying taxi capable of vertical take-off, has received $100 million (£70 million) in funding from a group of investors led by Toyota and Intel.
The money will be used to develop the firm’s ‘megadrone’ which can reach speeds of 200mph (321kph) powered by lithium nickel cobalt manganese oxide batteries according to dailymail.co.uk.
The Joby S2 prototype has 16 electric propellers, 12 of which are designed for vertical take-off and landing (VTOL), which means no runway is needed.
The aircraft takes off vertically, like a helicopter, before folding away 12 of its propellers so it can glide like a plane once it is airborne.