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Joby Aviation Completes Historic Electric Air Taxi Flight in New York

Key Points: Joby Aviation executed the first point-to-point electric vertical takeoff and landing flight in New York City. The new aircraft will reduce a 120-minute drive to John F. Kennedy Airport down to just a 7-minute flight. The company plans to launch commercial passenger flights during the second half of 2026. Joby stock climbed 3 percent following the successful midday test flight in Manhattan. Flying...

Australian Engineer Builds Friendly Robots to Cure Loneliness in Nursing Homes

Key Points: A 26-year-old engineer created a 4-foot talking robot to help cure severe loneliness inside Australian nursing homes. Andromeda Robotics recently deployed its 22nd robot, providing daily companionship to more than 1500 elderly residents. Australia and the United States face massive care worker shortages, leaving up to 60 percent of nursing home residents without visitors. The startup raised $23 million to expand into the...

Tesla Prepares Fremont Plant to Build 1 Million Optimus Robots a Year

Key Points: Tesla plans to convert old assembly lines at its Fremont plant to build up to 1 million Optimus robots per year. Gigafactory Texas will eventually house a second-generation production line aiming to build 10 million robots annually. Elon Musk believes the company could make Optimus robots useful outside of Tesla factories sometime next year. Wall Street forecasts predict the global market for humanoid...