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.
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Joby Aviation, Inc. announces FAA acceptance of propulsion certification plan, a crucial step towards type certification for its electric air taxis. The certification plan includes Joby's propulsion system, propeller system, variable pitch actuation, coolant pump, nacelles, and associated electrical wiring. Joby is progressing towards certifying its aircraft for commercial passenger operations, with a focus on detailed testing and analysis. The company aims to lead the industry in certifying an electric air taxi with the FAA.
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Joby Aviation, Inc. (JOBY) has received its Part 145 Repair Station Certificate from the FAA, marking a significant milestone in the development of its electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service. This paves the way for Joby to perform maintenance, repair, and overhaul (MRO) services on its eVTOL aircraft once certified for commercial operations. The company is also focused on developing career pipelines for eVTOL aircraft technicians and integrating course materials on electric propulsion systems for students.
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Joby Aviation, Inc. (JOBY) is set to release its Q4 and full year 2023 financial results on February 21, 2024, followed by a webcast. The webcast will be publicly available on the company website, and a replay will be accessible thereafter.
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Joby Aviation, Inc. (JOBY) has signed a definitive agreement with Helo Holdings, Inc. to install the first air taxi charger in the greater New York City region. The agreement builds on the partnership established in November 2023 and will provide Joby with an operational base for its electric air taxi. The Kearny heliport in New Jersey will be the first to have an air taxi charger in the tri-state area. The installation of Joby’s Global Electric Aviation Charging System (GEACS) will enable the launch of their quiet, emissions-free air taxi service in the region. Joby's air taxi is designed to carry a pilot and four passengers at speeds of up to 200 mph, offering high-speed mobility with minimal noise and no in-flight emissions.
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Joby Aviation, Inc. (JOBY) collaborates with Atlantic Aviation to electrify aviation infrastructure in New York and Southern California. The partnership aims to pave the way for Joby's air taxi service by activating key Atlantic sites and installing Joby's Global Electric Aviation Charging System (GEACS). Joby's air taxi can carry a pilot and four passengers at speeds of up to 200 mph, offering high-speed mobility with minimal noise and no in-flight emissions.
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Joby Aviation, Inc. (JOBY) has signed an agreement with Clay Lacy Aviation to install Southern California’s first electric air taxi charger at John Wayne Airport. The installation is part of Clay Lacy’s planned $100 million redevelopment of its fixed-based operator terminal and is expected to be completed by mid-2025. Joby's electric aircraft can carry a pilot and four passengers at speeds of up to 200 mph, with no in-flight emissions and a noise footprint lower than today’s helicopters. The charger will establish John Wayne Airport as a node in Joby’s Southern California air taxi network, expected to be one of the first networks to launch in the U.S. Joby is also working with Delta Air Lines to deliver seamless airport trips for its customers across several locations, including Los Angeles.
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Joby Aviation, Inc. (NYSE:JOBY) has successfully completed a series of air traffic simulations with NASA’s Ames Research Center to evaluate how air taxi operations can be integrated into today’s airspace, including at busy airports, using existing air traffic control tools and procedures.
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Joby Aviation, Inc. (NYSE: JOBY) partners with ANA Holdings Inc. and Nomura Real Estate Development Co. Ltd. to develop vertiports for its electric air taxi service across Japan. The three companies will explore the design, location, operation, and financing of vertiport locations in metropolitan areas, expanding over time to include numerous urban areas across greater Japan. Joby's recent partnership as a technical advisor to the Tokyo Bay eSG Project, and its ongoing collaboration with regulatory officials from JCAB, showcase its commitment to the commercialization of its electric air taxi services in Japan.
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Joby Aviation, Inc. (NYSE: JOBY) has been awarded a $9.8 million California Competes grant by the Governor’s Office of Business and Economic Development to support the Company’s continued statewide expansion. The grant will assist in financing a significant expansion of Joby’s facilities in Marina, California, creating 690 additional full-time jobs in the state by 2027. This will enable an acceleration of early manufacturing to support initial commercial operations, targeted for 2025.
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Joby Aviation, Inc. (NYSE: JOBY) successfully performed the first electric air taxi flight in New York City, announced its participation in the electrification of Downtown Manhattan Heliport, and plans to launch commercial passenger service in 2025. The flight marks a significant milestone for the company's electric vertical take-off and landing (eVTOL) aircraft, positioning New York City as a global leader in the adoption of clean, quiet flight.
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FAQ
What is the current stock price of Joby Aviation (JOBY)?
The current stock price of Joby Aviation (JOBY) is $6.8 as of November 21, 2024.
What is the market cap of Joby Aviation (JOBY)?
The market cap of Joby Aviation (JOBY) is approximately 4.8B.
What does Joby Aviation do?
Joby Aviation develops electric air taxis for commercial passenger service, aiming to revolutionize urban commuting.
Where is Joby Aviation headquartered?
Joby Aviation is headquartered in Santa Cruz, California.
When was Joby Aviation founded?
Joby Aviation was founded in 2009.
What are Joby Aviation's core strengths?
Joby Aviation excels in composite airframe design, aerodynamic analysis, and electric motor fabrication.
What is the vision of Joby Aviation?
Joby Aviation aims to transform urban commuting with sustainable, efficient electric air taxis.
Who supports Joby Aviation financially?
Joby Aviation is supported by leading venture capital firms and strategic partners.
What are the current projects of Joby Aviation?
Joby Aviation is refining eVTOL technology, expanding infrastructure, and navigating regulatory landscapes.
What recent achievements has Joby Aviation made?
Recent achievements include successful test flights and strategic partnerships with major aerospace and transportation companies.
How does Joby Aviation contribute to sustainability?
Joby Aviation's electric air taxis aim to reduce urban congestion and lower carbon emissions.
Where can I find the latest news about Joby Aviation?
You can stay updated with the latest developments and news about Joby Aviation on their official website and news outlets.
Joby Aviation, Inc.
NYSE:JOBY
JOBY Rankings
JOBY Stock Data
4.80B
504.62M
34.02%
39.92%
10.24%
Airports & Air Services
Aircraft
United States of America
SANTA CRUZ