Joby to Present “Pre-Flight Checklist: An Introduction to Joby Air Taxi Operations”

Rhea-AI Summary

Joby Aviation (NYSE: JOBY) announced a virtual presentation on June 20, 2024, detailing its preparations for launching commercial electric air taxi services.

Executives Bonny Simi and Eric Allison will provide insights into the company's regulatory and operational processes for safe, efficient on-demand air taxi operations.

The event will be accessible via Joby's investor relations website, with a replay available for a period.

Positive

• Joby Aviation is taking proactive steps to ensure regulatory and operational readiness for its commercial air taxi service.
• The presentation reflects Joby's transparency and commitment to keeping investors informed.
• Joby's leadership in electric air taxi technology and regulatory compliance could position it as an industry leader.

Negative

• The announcement lacks specific details on financial performance or funding status, which are critical for investor confidence.
• No concrete timelines or milestones for achieving regulatory approval and commencing commercial operations were provided.
• The focus on a virtual presentation rather than tangible progress may raise concerns about the company's readiness and execution capabilities.

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it will host a virtual presentation on the Company’s preparations for commercial service on June 20, 2024.

During the presentation, Joby executives will present a view of the Company’s industry-leading work to meet the regulatory and operational requirements for the safe and efficient operations of an on-demand electric air taxi service. A question-and-answer session will follow.

The presentation will be accessible via the Upcoming Events section of Joby’s investor relations website. A replay of the event will be available online for a limited time.

• What: Live, virtual briefing to learn more about Joby’s preparations for commercial operations
• When: June 20, 2024 at 2:00pm ET
• Where: Joby’s investor relations website, ir.jobyaviation.com
• Presenters: Bonny Simi, President of Operations, and Eric Allison, Chief Product Officer
• Contact: press@jobyaviation.com / investors@jobyaviation.com

About Joby

Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. To learn more, visit www.jobyaviation.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft; our business plan, objectives, goals and market opportunity; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our aerial ridesharing service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project, and our ability to launch our service; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2024, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this presentation. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240530387684/en/

Joby Aviation

Investors:

investors@jobyaviation.com

Media:

press@jobyaviation.com

Source: Joby Aviation, Inc.

FAQ

What is the date of Joby's virtual presentation on air taxi operations?

The virtual presentation will take place on June 20, 2024, at 2:00 PM ET.

What topics will be covered in Joby's presentation?

The presentation will cover Joby's preparations for regulatory and operational requirements for its commercial air taxi service.

Who will present at Joby's virtual event?

Bonny Simi, President of Operations, and Eric Allison, Chief Product Officer, will present at the event.

Where can I access Joby's virtual presentation?

The presentation will be accessible via the Upcoming Events section on Joby's investor relations website.

Will there be a replay available for Joby's virtual presentation?

Yes, a replay of the event will be available online for a time.