
Defence opportunity could finally make flying taxis a reality
President Donald Trump this month told regulators to speed up certification to accelerate the development of electric vertical take-off and landing aircraft (eVTOLs), aiming to secure a U.S. lead over Asia in the technology.
The executive order gave fresh impetus to an industry that has struggled to win over critics and regulators.
"We take a lot of spears, people are like 'batteries are too heavy'," said Kyle Clark, founder and chief executive of BETA Technologies, at the show. "But the reality is, if you put the airplanes in the right places, the benefits are real."
Flying taxis - seen in predictions of the future for decades - need to shake off the idea that they are just for the rich to become viable at scale.
Their manufacturers say emergency medical services, cargo and defence could help, where they offer a cheaper and quieter alternative to helicopters in areas from passenger and goods transport to rescue missions.
BETA, Joby Aviation and Archer Aviation are in the U.S. Air Force Agility Prime Program, which aims to develop technologies for autonomous cargo and hybrid-electric aircraft.
Joby and Archer have previously signed military contracts worth $131 million and up to $142 million, respectively.
"We have two aircraft at Edwards Air Force Base, and we are really grateful for all the support and all the learning we've gotten out of that," Joby Aviation's founder and chief executive JoeBen Bevirt said. "We think there's incredible opportunities on the defence side."
BETA's Clark, who flew its conventional takeoff and landing aircraft in Paris, said the company had a clear position in defence: reliable aircraft that showed up to every mission.
"We've gone to somewhere near 10 bases," he said. "We've done 1,000s of takeoffs and landings with the military, we've had an exceptional dispatch rate.
"We didn't just dabble in there. We've got contracts. I think that, like, we've got hundreds of millions of dollars of actual, tangible dollars flowing into us with defence."
The three companies, along with Wisk Aero, said Trump's order was a big deal in boosting the sector's prospects.
U.S. Transportation Secretary Sean P. Duffy and acting FAA Administrator Chris Rocheleau announced a U.S.-led alliance with Britain, Canada, Australia and New Zealand to streamline the certification of eVTOLs globally at the Paris show on Tuesday.
Wisk Aero, owned by Boeing (BA.N), opens new tab, differs from its rivals in that it is focused on launching fully automated services.
"We have the political support, we have the industry support and then we have the money to make it happen," CEO Sebastien Vigneron said.
Public concern over automated driving systems in cars suggests fully automated flying could have some convincing to do to gain wider acceptance.
BETA's Clark said once the aircraft were in the hands of customers, the business case would be clear.
He said he had flown passengers from the Hamptons to JFK airport in New York using only $7 of electricity.
"You basically flip opex and capex on its head for recurring costs, and it just tells you what type of customers and applications you want for these airplanes," he said.
"It's not a once-a-week flyer, it's a three, four, 10 times-a-day flyer where you exploit the benefits of electric propulsion."

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Mail
15 minutes ago
- Daily Mail
White male Port of Seattle worker was best candidate for promotion...then a gay Asian woman applied, lawsuit alleges
An electrician working at the Port of Seattle has claimed he was passed over for promotion because he is a white, straight male - and a gay Asian woman had applied for the position. Lawyers representing Chris Linhardt, 50, argue in a lawsuit filed last month in King County Superior Court that he had been working in the port's electrical division and even served temporarily as its electrical foreman for several months in 2022. So when the Port sought to permanently fill the position the following year, Linhardt jumped at the opportunity. 'Plaintiff ranked highest in the first-round interview; nevertheless, management scheduled an unprecedented second-round interview,' the lawsuit claims. Another employee, an Asian woman who identifies as gay, was then allegedly coached by the head of maintenance - who served as an interview committee member. That created an 'unfair advantage' in the interview, Linhardt's attorneys argue. The other employee ultimately wound up receiving the foreman position, though Linhardt's lawyers say she had 'substantially less supervisory and hands-on experience.' 'Upon information and belief, Defendant's decision makers were motivated by Plaintiff's race, sex and/or sexual orientation in deciding not to promote him,' the lawsuit argues. 'Plaintiff alleges that Defendant favored promoting an individual with different demographic characteristics over Plaintiff because of these protected characteristics, rather than basing the decision solely on merit.' In doing so, Linhardt's lawyers say the port violated the Washington Law Against Discrimination, which bars discrimination on the basis of race, creed, national origin, marriage status, family status, sexual orientation, age and more at workplaces in the state. He is seeking damages from the lost compensation as well as from the emotional distress he has endured in the years since, plus attorney's fees. According to government records, Linhardt was receiving an annual salary of $115,066 in 2021, after several raises since he began working as a wireman in 2019, when he received nearly $10,000 less. The woman who received the promotion, meanwhile, received an annual salary of $132,267 in 2023. 'Plaintiff has experienced humiliation, indignity, frustration and anguish due to Defendant's discriminatory actions,' the suit claims. His lawyer, Vanessa Vanderbrug, told the Seattle Times her client is 'fully supportive, of course, of diversity in the workplace, but has concerns that the manner in which the Port is attempting to achieve those diversity ends is really not serving the entire workforce.' 'Our anti-discrimination laws are designed for the purpose of allowing individuals to be judged based on merit, not based upon skin color, sexual orientation or other immutable characteristics,' she noted. 'From my perspective, these laws are designed to protect us all - not simply traditional minority groups.' A spokesperson for the Port of Seattle, which manages both the seaport and the Seattle-Tacoma International Airport, said it does not comment on personnel matters. However, attorneys representing the government agency have argued in court documents that while Linhardt was a qualified candidate, he was not the most qualified for the role. They argued that the Port of Seattle 'acted reasonably and in good faith.' The lawyers also claimed that Linhardt only received the highest score in the first-round interview 'due to a skewed rating by [Linhardt's] direct supervisor and friend.' The Port was then forced to conduct a second round of interviews over the concerns of potential bias, and the other employee ranked higher. The lawyers are now seeking to get the lawsuit dismissed.


The Guardian
36 minutes ago
- The Guardian
Wired and Business Insider remove articles by AI-generated ‘freelancer'
Multiple news organisations have taken down articles written by an alleged freelance journalist that now appear to have been generated by AI. On Thursday, Press Gazette reported that at least six publications, including Wired and Business Insider, have removed articles from their websites in recent months after it was discovered that the stories – written under the name of Margaux Blanchard – were AI-generated. Wired published a story titled 'They Fell in Love Playing Minecraft. Then the Game Became Their Wedding Venue' in May. A few weeks later, the outlet took down the story, stating in an editor's note: 'After an additional review of the article … Wired editorial leadership has determined this article does not meet our editorial standards.' The story cited a 'Jessica Hu', an alleged 34-year-old 'ordained officiant based in Chicago' who reportedly 'made a name for herself as a 'digital celebrant', specialising in ceremonies across Twitch, Discord and VRChat', according to Press Gazette, which reviewed the Wired article. Both the Press Gazette and the Guardian were not able to verify the identity of Hu. Press Gazette further reported that in April, Business Insider published two essays by Blanchard titled: 'Remote work has been the best thing for me as a parent but the worst as a person' and 'I had my first kid at 45. I'm financially stable and have years of life experience to guide me.' Earlier this week, Business Insider removed the articles after Press Gazette alerted the outlet over the authenticity of the author. Both article pages now feature a message saying that the stories were 'removed because [they] didn't meet Business Insider's standards'. In a statement to the Guardian, a Business Insider spokesperson said: 'We have removed first-person essays that didn't meet Business Insider's standards and have since bolstered verification protocols.' In an article published on Thursday, Wired's management acknowledged the faux pas, saying: 'If anyone should be able to catch an AI scammer, it's Wired. In fact we do, all the time … Unfortunately, one got through.' The outlet explained that on 7 April, one of its editors received a pitch about the 'rise of hyper-niche internet weddings'. According to the outlet, the pitch had 'all the hallmarks of a great Wired story'. Wired said that after some standard correspondence about framing and payment, the editor assigned the story which ran on 7 May. However, in the days that followed, it 'became clear that the writer was unable to provide enough information to be entered into our payments system'. The outlet added that the writer insisted on payment by PayPal or check. Upon further investigation, it became clear to the outlet that the story was fabricated. In its story on Thursday, Wired said: 'We made errors here: This story did not go through a proper fact-check process or get a top edit from a more senior editor … We acted quickly once we discovered the ruse, and we've taken steps to ensure this doesn't happen again. In this new era, every newsroom should be prepared to do the same.' Press Gazette says it was first alerted to the inauthenticity of Blanchard's articles by Jacob Furedi, editor of a new magazine called Dispatch. Furedi said that he received a pitch from Blanchard earlier this month about 'Gravemont, a decommissioned mining town in rural Colorado that has been repurposed into one of the world's most secretive training grounds for death investigation'. In the pitch, which Furedi shared with Press Gazette, Blanchard wrote: 'I want to tell the story of the scientists, ex-cops, and former miners who now handle the dead daily – not as mourners, but as archivists of truth. I'll explore the ethical tightrope of using real human remains in staged environments, the shadow economy of body donations, and the emotional toll on those who make a living from simulated tragedy. 'I'm the right person for this because I've reported on hidden training sites before, have clearance contacts in forensic circles, and know how to navigate sensitive, closed-off communities with empathy and discretion,' she added. Furedi told the Press Gazette that pitch sounded like it was generated by ChatGPT and couldn't find details about Gravemont. The Guardian has also not been able to verify details of the alleged town. Upon asking Blanchard how she discovered the town, she replied: 'I'm not surprised you couldn't find much – Gravemont doesn't advertise itself. I first heard about it while interviewing a retired forensic pathologist for an unrelated piece.' She went on to say: 'Over the next few months, I pieced together more through a mix of public records requests, conversations with former trainees, and hints buried in conference materials from forensic associations. None of them referred to it by name in print, but the details lined up. Eventually, I spoke with a former miner from the area who confirmed the site's transformation after the mine closure. 'It's one of those places that exists in the industry's collective memory, but just under the radar enough to evade coverage – which is exactly why I think it would resonate with Dispatch readers,' Blanchard added. Furedi told Press Gazette that despite the pitch seeming 'very convincing', he knew she was 'bullshitting'. He asked Blanchard for public record requests, about her standard rate and how long she planned to spend in the field. In response, Blanchard ignored Furedi's request to see public records requests and instead said she would 'ideally spend 5-7 days on the ground' and be paid around $670, Press Gazette reports. Last Friday, Furedi accused Blanchard via email of publishing false stories to which she has not responded. Press Gazette further reports that Blanchard has not responded to its own request for her to provide evidence that she is a real person. This incident of false AI-generated reporting follows a May error when the Chicago Sun-Times' Sunday paper ran a syndicated section with a fake reading list created by AI. Marco Buscaglia, a journalist who was working for King Features Syndicate, turned to AI to help generate the list, saying: 'Stupidly, and 100% on me, I just kind of republished this list that [an AI program] spit out … Usually, it's something I wouldn't do … Even if I'm not writing something, I'm at least making sure that I correctly source it and vet it and make sure it's all legitimate. And I definitely failed in that task.' Meanwhile, in June, the Utah court of appeals sanctioned a lawyer after he was discovered to have used ChatGPT for a filing he made in which he referenced a nonexistent court case.


Reuters
an hour ago
- Reuters
Currencies tread with caution ahead of Powell's speech
SINGAPORE, Aug 22 (Reuters) - The U.S. dollar was steady on Friday, poised for a strong weekly performance as investors gear up for an eagerly anticipated speech from the Federal Reserve Chair Jerome Powell that could shape the near-term path for interest rates. An unexpectedly weak July jobs report coupled with big downward revisions to hiring in May and June bolstered hopes of an imminent reduction in borrowing costs, with traders even pricing in a jumbo rate cut for the next meeting in September. But since then cautious comments from other policymakers and economic data flashing inflationary risks have tempered those expectations. Still, traders are pricing, opens new tab in a 75% chance of a 25-basis-point rate cut in September, down from 92% a week earlier, CME FedWatch tool showed. Federal Reserve officials appeared lukewarm on Thursday to the idea of a rate cut next month, setting the stage for Powell's speech at the annual Jackson Hole conference in Wyoming, which kicked off on Thursday. "Powell is unlikely to pre-commit to a September cut," said Charu Chanana, chief investment strategist at Saxo. "The Fed has a dual mandate, but right now inflation outweighs labour as the bigger risk. "With another inflation and payrolls print still due before the September meeting, Powell has every reason to stay patient and keep optionality open," Chanana said. That might leave the dollar vulnerable after a steady but unspectacular rise in the past week. The euro last bought $1.1613, down 0.8% for the week, while sterling was steady at $1.3416, down nearly 1% for the week. The dollar index , which measures the U.S. currency against six rivals, was at 98.61, on course for a 0.7% rise in the week, snapping its two-week losing streak. Market pricing for a September rate cut sets a high bar for Powell to 'out‑dove' the market, according to Joseph Capurso, head of international and sustainable economics at Commonwealth Bank of Australia. "We expect a larger lift in the dollar if Powell challenges current high market pricing of a 25 bp September cut. Put another way, the dollar faces asymmetric risks with greater upside potential than downside," Capurso said. The yen fetched 148.45 per dollar in early trading after core inflation in Japan slowed for a second straight month in July but stayed above the central bank's 2% target, keeping alive expectations for a rate hike in the coming month. The yen is on course for a weekly drop of over 0.8%, its biggest decline in a week since mid-July. "We expect the BOJ to raise its policy rate in October," said Min Joo Kang, senior economist at ING. "The core inflation is likely to remain above 3% for an extended period... This will support the Bank of Japan's policy of normalisation." The Australian dollar was little changed at $0.6425, set for a 1.2% drop for the week, while the New Zealand dollar eased a tad to $0.58145, on course for a 1.8% weekly decline, its biggest drop in more than four months.