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Will air taxis be ready to fly passengers by the next Olympics?

Jessica Mathews
By
Jessica Mathews
Jessica Mathews
Senior Writer
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Jessica Mathews
By
Jessica Mathews
Jessica Mathews
Senior Writer
Down Arrow Button Icon
August 15, 2024, 12:30 PM ET
A Volocopter eVTOL in Versailles, where it flew with no people on board on the last day of the Paris Olympics.
A Volocopter eVTOL in Versailles, where it flew with no people on board on the last day of the Paris Olympics.Courtesy of Volocopter

I had the pleasure of attending the Paris Olympics over the last two weeks. It was incredible—I saw Canada take on Spain in beach volleyball in the iconic stadium set up at the Eiffel Tower. I glimpsed Tom Cruise at the women’s soccer final before his Top Gun-inspired acrobatics for the Los Angeles games during the closing ceremony. And there’s nothing like grabbing a croissant en route to a rowing or table tennis match.

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The logistics for the whole event were masterful and well-executed. But I couldn’t help but notice one thing was missing: the promised air taxis chauffeuring attendees around Paris for the games. 

More than two years ago I had sat down with Christian Bauer, the chief financial and commercial officer of air taxi startup Volocopter, and discussed Volocopter’s plans for launching commercial service. It was all supposed to happen in Paris last week. And French President Emmanuel Macron had championed the whole plan. 

But there ended up being no splashy launch at the Olympics. The European Union Aviation Safety Agency still hasn’t granted the necessary commercial certification, so Volocopter had instead tried to move forward with non-commercial demonstration flights on the Seine, which could have still showcased the technology in an urban area. The French government had rallied around those plans, with a French air safety agency giving Volocopter a one-off permit to fly and the government approving a barge to be used on the Seine for Volocopter air taxis. But even the demonstration flights became contentious, with Paris City Hall taking legal action against the French government over the barge.  

In the end, Volocopter settled for a crewed test flight at the Aerodrome of Saint-Cyr-l’École last week, then another test flight this past Sunday in Versailles—that flight was with no people on board, and before the park it took place in opened. It seemed a bit anticlimactic, but it’s not all that surprising. Volocopter’s walkback of its ambitious Paris plans is just the latest example of the uphill battle air taxi startups have been climbing for years as they try to put people in the sky in small electric aircraft. The regulations we have today were all written for airplanes. If you thought the regulation for drones was taking a long time, try putting people on board.

There’s a slew of companies in the queue, readying themselves for commercial operation in the meantime: Joby Aviation, Boeing subsidiary Wisk, Archer Aviation, and EHang, to name a few. Archer Aviation said two months ago it was designing an air taxi network in the San Francisco Bay Area. Joby Aviation last month completed a 523-mile hydrogen-powered flight. 

Regulations abroad are a bit different. EHang, a Chinese autonomous air taxi company, has completed demo flights with passengers in Japan and the United Arab Emirates. But companies operating in Europe or the U.S. will have to wait a bit longer. While the EASA and FAA are both collaborating on air taxi-specific legislation, it could still be several years before these companies are able to reach any sort of scale. And, as for autonomy, David Solar, head of department for general aviation and vertical take-off and landing at EASA, told me via email that all of the initial certifications will still require a pilot on board, as the ability to fly with no pilot is “still far from being demonstrated, especially in failure conditions.” While there’s no timeline for air taxis going autonomous, his “best guess is not before 7 to 10 years, if not more.” 

So if you’re anxious for autonomous helicopters buzzing people around the skies, it looks like you’ll be waiting long after Los Angeles hosts the Olympics to see it become reality.

More news below.

Jessica Mathews

Want to send thoughts or suggestions to Data Sheet? Drop a line here.

NEWSWORTHY

Android alternatives. In a big win for Android users, a U.S. judge in San Francisco said he planned to force Google to give Android users more ways to download apps, according to Reuters. “You’re going to end up paying something to make the world right after having been found to be a monopolist,” the judge said. After the order, Google would have to make it easier for Android users to download apps on third-party platforms.

Hollywood inks a deal with AI. SAG-AFTRA, the largest actors and artists union, inked a deal with the artificial intelligence company Narrativ to let their members sell the rights to or replicate their voices, according to SAG-AFTRA. It’s the latest effort of artist groups trying to put ownership back in the hands of creators.

Campaign meddling. In a cybersecurity nightmare, Google confirmed yesterday that an Iranian group has, since May, been trying to infiltrate roughly a dozen email accounts tied to the campaigns of both former President Donald Trump and the former Democratic candidate, President Joe Biden, according to the Associated Press. Google also said the same group is continuing to target people associated with Biden, Trump, and now Vice President Kamala Harris. The news comes after Microsoft said something similar at the end of last week—increasing concerns that foreign governments are using email credential phishing to try to influence the outcome of the 2024 election.

Misinfo monitoring at Meta. Facebook parent Meta made it official yesterday: It shuttered CrowdTangle, a tool that had been used by researchers and watchdogs to track misinformation and how it spreads on the company’s platforms, according to the Associated Press. Meta had announced that it would shut down the tool earlier this year—to the protest of researchers, nonprofits, and other groups, who in a letter had asked Meta to keep it running until at least the end of the 2024 presidential election.

ON OUR FEED

“The dead giveaway, though, that a reporter from a competing news outlet was using generative artificial intelligence to help write his stories came in a June 26 article about the comedian Larry the Cable Guy being chosen as the grand marshal of a local parade. It concluded with an explanation of the inverted pyramid, the basic approach to writing a breaking news story.”

—Powell Tribune reporter CJ Baker discovered a reporter at another news outlet was using AI to write copy and produce quotes, according to the Associated Press. The publisher and editor at the Cody Enterprise has since apologized and said they would take steps to prevent it from happening again. 

IN CASE YOU MISSED IT

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Elon Musk’s financial woes at X have Tesla bulls fearing he will liquidate more stock, by Christiaan Hetzner

Lux Capital’s Deena Shakir almost died after childbirth. It reinforced why she invests in women’s health, by Emma Hinchliffe

Ex-Google CEO Eric Schmidt apologizes for remote work rant against old employer, by Orianna Rosa Royle

How BNY’s new AI tool Eliza is minting an army of disposable assistants, by Michael del Castillo

California’s AI safety bill will protect consumers and innovation, by Yoshua Bengio (Commentary)

BEFORE YOU GO

A big apology. Palo Alto Networks’ networking event at Black Hat in Las Vegas didn’t go over well with the masses. Yesterday CEO Nikesh Arora issued an apology for having women hostesses stand around with lampshades over their heads—a gesture many online said was sexist. 

This is the web version of Fortune Tech, a daily newsletter breaking down the biggest players and stories shaping the future. Sign up to get it delivered free to your inbox.
About the Author
Jessica Mathews
By Jessica MathewsSenior Writer
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Jessica Mathews is a senior writer for Fortune covering startups and the venture capital industry.

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