Joby completed the acquisition of Xwing Autonomy Division.

Joby, a company developing electric air taxis for commercial passenger service, completed the acquisition of Xwing Autonomy Division, a developer of autonomous technology for aviation. Financial terms were not disclosed. “The aircraft we are certifying will have a fully-qualified pilot on board, but we recognize that a future generation of autonomous aircraft will play an important part in unlocking our vision of making clean and affordable aerial mobility as accessible as possible. The exceptionally talented Xwing team has not only made unparalleled progress on the development and certification of vision systems, sensor fusion and decision-making autonomous technologies, but they’ve also successfully demonstrated the real-life application of their technology, flying hundreds of fully autonomous flights in the national airspace. We’re honored to bring them onboard at Joby as we continue on our mission of building a next generation aviation company,” JoeBen Bevirt, Joby Founder and CEO.