Tag: Landing

  • Flying Taxis Take Wing in China, Fueled by Biden’s FAA

    Flying Taxis Take Wing in China, Fueled by Biden’s FAA

    China’s Drone Taxi Revolution Takes Flight

    For the first time ever, two Chinese firms—EHang Holdings and Hefei Hey Airlines—have secured official nationwide permits from China’s Civil Aviation Administration to launch fully autonomous flying taxis. The move signals China’s leap ahead of the U.S. in the rapidly zooming drone industry.

    What’s Up With the Airborne Chariots?

    • EHang’s EH216‑S can lift two passengers up to 10,000 feet in a sleek electric vertical take‑off and landing (eVTOL) style. That’s as tall as a 3‑storey skyscraper.
    • Hefei Hey’s sky‑shuttles are already testing routes around Guangzhou and Hefei, offering low‑altitude tourism and quick urban hops.
    • Both companies claim to be pioneers—first eVTOL firm in the world with the full set of regulatory approvals for commercial use.

    A New Era for Urban Travelers

    “This marks the beginning of China’s low‑altitude, human‑carrying flight era,” says EHang on X (formerly Twitter). “People can now book flights for city sightseeing, short commutes, and more.” The industry experts cheer: the world’s first autonomous aerial mobility in batch‑commercial operation is finally here.

    Who’s Behind the Buzz?

    Instead of just a tech‑driven story, the headline chatter is backed by tech moguls and journalists alike; Li Zexin (a local commentator) calls China “the front line of the 4th Industrial Revolution.” And yet, as the drama unfolds, the U.S. narrative feels a bit tense.

    Why Is the U.S. Being Left Behind?

    At a recent podcast titled Uncommon Knowledge, Marc Andreessen, co‑founder of Andreessen Horowitz, slammed the Biden‑Harris administration’s FAA for supposedly “killing” American drone firms to keep tech on our own turf. He claims the FAA is part of a much larger strategy aimed at stifling U.S. drone entrepreneurship.

    Pan‑Asian Dominance Becomes Clear

    Thanks to a 90‑plus% share of all consumer drones manufactured in China, the U.S. is now more or less an import country for the very same technology that powers U.S. military drones. The commentators say the U.S. can’t keep up because the FAA is being weaponized—a comment that fuels speculation about whether policy shifts were intentional.

    Is the U.S. Giving Up?

    • The new permits mean the entire low‑altitude sky is now a competitive arena.
    • China’s autonomous taxi drones can now operate freely, while many U.S. startups still stare at waiting lists for government approval.
    • Cheers from the tech community for the cross‑border rivalry that will push future innovations.
    Where Do We Go From Here?

    China’s first autonomous flights open a new chapter for urban air travel—replacing hop‑and‑skip with effortless, on‑demand trips. The U.S., by turning its FAA into an obstacle, might backslide while the rest of the world moves upward.

    As the hulls of gadgets and spark of possibility combine, the dream of flying taxis is no longer a sci‑fi fantasy. It’s happening – and the question remains: Are we all ready to take the sky?

  • No-code website builder Framer reaches B valuation

    No-code website builder Framer reaches $2B valuation

    Framer, a no-code website builder that claims over half a million monthly active users, has reached a $2 billion valuation after raising a $100 million Series D funding round led by existing investors Meritech and Atomico.

    This double-unicorn milestone comes at a time of hype for website builders — including direct competitors like Figma, Squarespace, and Wix, as well as rising “vibe coding” platforms such as Cursor and Lovable. 

    In 2023, Framer raised a $27 million Series C led by Meritech at an undisclosed valuation.

    “With this funding, we’re doubling down on enterprise growth and AI, so any company can confidently run their entire website on Framer,” CEO and co-founder Koen Bok said.

    Rather than static landing pages, Framer supports dynamic websites that teams can quickly update — without requiring developer support. More recently, the company has added analytics and enterprise security features, with the goal of helping “companies run their entire .com,” Bok told TechCrunch.

    Founded in Amsterdam by Bok and Jorn van Dijk, who had sold their design studio to Facebook in 2011, Framer describes itself as “the website builder loved by designers,” with the promise that websites created with its tools will stand out.

    The Dutch company has also been investing more heavily into its enterprise business. Since introducing business plans late last year, Framer reports that businesses have become the majority of its new customers. These include companies like Miro, Perplexity, and Scale AI — as well as 40% of Y Combinator’s most recent batch. 

    Techcrunch event

    Tech and VC heavyweights join the Disrupt 2025 agenda

    Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise.

    Tech and VC heavyweights join the Disrupt 2025 agenda

    Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise.

    San Francisco
    |
    October 27-29, 2025

    REGISTER NOW

    The growing B2B business is already making an impact on the company’s bottom line. According to a spokesperson, the company reached $50 million in annual recurring revenue this year, and aims to cross the $100 million threshold next year. “We’ve been break-even for the past year,” Bok told TechCrunch.