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Joby flexes military muscle with $500 million defense acquisition

11 August 2026 at 14:00
Joby flight at JFK airport.
Joby flight at JFK airport. | Image: The Verge

Joby Aviation announced it was acquiring Dayton, Ohio-based defense firm Resonant Sciences in a $500 million deal, in a bid by the electric aircraft company to expand further into the military industrial complex.

Joby says it expects to finance the deal with $450 million in cash and $50 million in equity. After the deal closes, which is expected in early 2027, Resonant will continue its existing work as Joby's dedicated defense division, the company said. The commercial division will remain focused on air taxis, the first of which are expected to launch later this year.

The deal is the latest example of the fledgling electric aviation in …

Read the full story at The Verge.

Boeing is selling its air taxi startups to Archer Aviation

10 August 2026 at 15:51
Wisk Aero

Boeing is selling three of its electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation, in addition to taking an undisclosed stake in the San Jose-based company.

The subsidiares to be acquired by Archer include Wisk Aero, which has been developing an autonomous electric aircraft; SkyGrid, which is building air traffic management systems to be used by urban air taxis; and Insitu, which makes high-altitude drones used by the US Navy. As part of the deal, Boeing and Archer will share technology and Boeing will retain access to Wisk's autonomous flight systems for its current and next-gen commercial and defense projects.

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Read the full story at The Verge.

Ford’s new AI assistant can check your fuel levels and tire pressure

10 August 2026 at 13:00
An image showing Ford’s logo

Ford is rolling out a new AI-powered assistant that can answer questions about your Ford or Lincoln vehicle, such as how much fuel you'll need for your next road trip or whether your truck can tow that new motor boat.

The app is rolling out first to the Ford and Lincoln mobile apps, where it will work as a chatbot that can answer questions about the vehicle's capabilities or future service needs. Since the app is linked to the customer's vehicle, the assistant knows many of the details about the particular make and model, including fuel levels, cargo capacity, and towing capabilities. Ford plans on rolling out a voice-powered assistant that …

Read the full story at The Verge.

49ers coach says his Tesla was on Autopilot when he crashed

9 August 2026 at 17:56
Head Coach Kyle Shanahan of the San Francisco 49ers. | Image: Michael Zagaris / San Francisco 49ers / Getty Images

Four weeks ago, San Francisco 49ers coach Kyle Shanahan was involved in an accident near downtown Palo Alto. At the time, Shanahan said only that the accident was his fault. But during a recent press conference, he shared more details about the incident, including the fact that he had his Tesla's Autopilot engaged at the time. Shanahan was not passing the buck, however, saying it was his fault regardless of whether or not Autopilot was engaged.

"I've had Autopilot for nine years, so I'm pretty comfortable with it and, you know, who knows what happened when I turned around? Whether it malfunctioned or whether I knocked it off? That's someth …

Read the full story at The Verge.

Ford’s first ultra-cheap EV is called Fathom, a full-featured truck for $28,350

6 August 2026 at 15:00
Ford Fathom logo

For nearly a year now, Ford has been teasing big things at low prices from its next generation of EVs, a "Model T moment" built atop a new platform assembled in an innovative way. Today, we know the name and price of the first product to take advantage of that supposed moment: a midsize electric truck called Fathom that starts at just $28,350.

That's not exactly great news for fans of the Slate Truck, the new electric upstart that's leaning hard into its feature-free nature by painting itself as the ultimate DIY machine. Paint, though, is among the long line of modern niceties omitted to help the Slate Truck reach its starting price of $24, …

Read the full story at The Verge.

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