Welcome to our dedicated page for Joby Aviation news (Ticker: JOBY), a resource for investors and traders seeking the latest updates and insights on Joby Aviation stock.
Joby Aviation, Inc. (symbol: JOBY) is at the forefront of a transportation revolution, headquartered in Santa Cruz, California. Founded in 2009, Joby Aviation leverages advanced control systems and electric propulsion technologies initially developed at Joby Energy. The company aims to transform commuting with its innovative electric air taxis designed for commercial passenger service.
Joby Aviation's core strengths lie in its expertise in composite airframe design, high-fidelity aerodynamic analysis, and high-performance electric motor fabrication, supported by its sister company, Joby Motors. These combined capabilities position Joby uniquely in the burgeoning market of electric vertical take-off and landing (eVTOL) aircraft.
Recent achievements include successful test flights and strategic partnerships with major aerospace and transportation companies. Joby Aviation is committed to sustainability and efficiency, striving to reduce urban congestion and lower carbon emissions with its cutting-edge electric aircraft.
Current projects focus on refining their eVTOL technology, expanding their operational infrastructure, and navigating regulatory landscapes to ensure the safe and efficient deployment of their air taxis.
Joby Aviation's financial health is bolstered by significant investments from leading venture capital firms and strategic partners, demonstrating strong market confidence in their vision and technological advancements.
Stay updated with the latest developments and news about Joby Aviation as the company continues to pioneer a new era in urban air mobility.
SK Telecom (NYSE:SKM) and Joby Aviation (NYSE:JOBY) have announced a partnership to launch emissions-free aerial ridesharing services in South Korea. SKT CEO Ryu Young-sang and Joby CEO JoeBen Bevirt signed a strategic collaboration agreement in Marina, California. This partnership aligns with South Korea's 'K-UAM' Roadmap for Urban Air Mobility, aiming to introduce a five-seat eVTOL aircraft with a range of 150 miles and a top speed of 200 mph. The integration of SK's T Map mobility platform with Joby's services is expected to enhance urban transportation.
Joby Aviation Inc. has confirmed the receipt of FAA Special Airworthiness Certification and US Air Force Airworthiness Approval for its second pre-production prototype aircraft in December 2021. This achievement, coming just six days after FAA approval, underscores Joby's commitment to enhance flight testing capabilities in 2022. The second aircraft is set to accelerate the certification process with the FAA for commercial operations planned in 2024. Joby's first prototype gathered significant test data in 2021, flying over 5,300 miles, including a record long flight of 154.6 miles.
Joby Aviation (NYSE:JOBY) has acquired Linz, Austria-based Inras GmbH, a leader in radar system design. The acquisition adds a five-person team with expertise in RF systems, enhancing Joby's R&D capabilities for onboard sensing and navigation. This strategic move aims to improve aircraft detection capabilities as Joby prepares for commercial passenger service in 2024. Joby's electric aircraft boasts a range of 150 miles and a top speed of 200 mph, having completed over 1,000 flight tests since 2017.
Joby Aviation (NYSE: JOBY) has appointed Paul Rinaldi, the longest-serving president of the National Air Traffic Controllers’ Association (NATCA), to its Advisory Board. Rinaldi's experience, including significant roles within the FAA, is expected to enhance Joby's efforts to achieve FAA certification for its all-electric vertical take-off and landing (eVTOL) aircraft, which aims to begin commercial passenger operations in 2024.
His expertise will be crucial for safely integrating these flights into the National Airspace System.
Joby Aviation (NYSE: JOBY) will host an Aircraft Certification Webinar on November 16 at 11:00 AM PT to discuss the certification process for its all-electric aircraft designed for commercial air taxi service. The event will feature presentations from CEO JoeBen Bevirt and other key executives, including a Q&A session with Former FAA Administrator Dan Elwell.
Joby's electric aircraft aims to revolutionize urban mobility with a range of 150 miles and speeds up to 200 mph, targeting a launch of service in 2024.
Joby Aviation (NYSE: JOBY) has revealed its financial results for Q3 2021. The company is focused on developing all-electric aircraft for commercial air taxi services, aiming to launch operations in 2024. The aircraft will have a maximum range of 150 miles and speeds of up to 200 mph. Despite its innovation, Joby faces risks connected to its limited operating history, potential regulatory challenges, and reliance on third-party suppliers. The company plans to discuss these results further during a live conference call scheduled for November 11, 2021.
Joby Aviation (NYSE: JOBY) will report its Q3 2021 earnings results after market close on November 11, 2021. A conference call to discuss the results is scheduled for 2:30 PM PT (5:30 PM ET) on the same day. Investors can listen via phone or through a live webcast available on the company’s website. Joby, based in California, is developing all-electric vertical take-off and landing aircraft, aiming to launch a commercial air taxi service by 2024, capable of flying up to 150 miles at speeds of 200 mph.
Joby Aviation, Inc. confirms the completion of a corporate merger with Joby Holdings, simplifying its structure without diluting existing stockholders. Joby Holdings, which formerly held about 16% of Joby’s shares, was merged into Joby Aviation, leading to a direct issuance of shares to Joby Holdings stockholders. This strategic move aims to streamline operations while maintaining management continuity. Additionally, Joby plans to file a Form S-1 with the SEC to register the new shares issued as part of this transaction.
Joby Aviation (NYSE:JOBY) announced that Executive Chairman Paul Sciarra and CFO Matt Field will attend the Deutsche Bank Virtual Technology Conference on Friday, September 10th, 2021, at 12:45 PM ET. The company is developing all-electric aircraft aimed at aerial ridesharing, with plans to launch an air taxi service in 2024. Joby's aircraft can travel up to 150 miles on a single charge and reach speeds of 200 mph, contributing to urban congestion reduction and promoting sustainable transit. For more information, visit www.jobyaviation.com.
Joby Aviation has achieved a significant milestone by becoming the first company to fly an all-electric vertical takeoff and landing (eVTOL) aircraft as part of NASA's Advanced Air Mobility (AAM) National Campaign. This two-week test campaign, conducted at Joby's Electric Flight Base in California, focuses on analyzing the noise footprint of Joby’s aircraft. With plans to launch a commercial passenger service in 2024, Joby aims to establish itself as a leader in sustainable air travel, backed by a decade-long partnership with NASA for research and development.
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