Joby Aviation Inc Stock Price, News & Analysis

Joby Aviation has achieved a significant milestone in its electric air taxi development by successfully completing piloted transition flights from vertical to cruise flight and back. The company's test pilot James "Buddy" Denham executed the first full transition flight on April 22, 2025, with multiple flights subsequently completed by three different pilots.

The aircraft, designed for commercial passenger service, can take off and land vertically like a helicopter while maintaining fixed-wing aircraft efficiency in forward flight. Key specifications include:

• Speed capability up to 200 mph (321 km/h)
• Capacity for 1 pilot and 4 passengers
• Zero operating emissions

With over 40,000 miles of test flights and hundreds of transitions completed, Joby remains on schedule to deliver an aircraft to Dubai by mid-2025 for flight testing before launching passenger services. The company currently operates five test aircraft, with two stationed at Edwards Air Force Base for defense-related testing.

Joby Aviation (NYSE: JOBY), a developer of all-electric aircraft for commercial passenger service, has announced it will release its Q1 2025 financial results after market close on Wednesday, May 7, 2025.

The company will host a webcast at 5:00 pm ET on the same day, which will be accessible through the Upcoming Events section of their website. For those unable to attend the webcast, a dial-in option is available at 1-877-407-9719 or 1-201-378-4906. A replay will be made available on the company website after the event.

Joby Aviation (NYSE:JOBY) has announced a strategic partnership with Virgin Atlantic to launch electric air taxi services in the UK. The collaboration aims to provide zero-emission, short-range journeys from Virgin Atlantic's hubs at Heathrow and Manchester Airport.

The partnership extends an existing agreement between Joby and Delta Air Lines, which owns 49% of Virgin Atlantic. Joby's electric aircraft can transport a pilot and four passengers at speeds up to 200 mph, with potential routes including a 15-minute flight from Manchester Airport to Leeds or an 8-minute journey from Heathrow Airport to Canary Wharf.

Virgin Atlantic will support Joby through marketing, regulatory engagement, and infrastructure development. Customers will be able to book flights through Virgin Atlantic's platforms, with prices expected to be comparable to premium ground ridesharing options at launch. The aircraft features six tilting propellers for vertical takeoff and landing, producing significantly less noise than helicopters and optimized for rapid, back-to-back flights up to 100 miles.

Joby Aviation (NYSE:JOBY) reported significant achievements in Q4 and Full Year 2024, marking record progress in FAA certification's fourth stage. The company delivered its second electric air taxi to Edwards Air Force Base, expanding its flight test fleet to five aircraft, including a hydrogen-hybrid variant.

Key developments include plans to deliver an aircraft to Dubai mid-2025 for flight testing, with first passenger operations targeted for late 2025 or early 2026. The company secured over $1 billion in additional funding and commitments in Q4, ending the quarter with $933 million in cash and equivalents. This excludes pending Toyota investments totaling $500 million in two $250 million tranches.

Joby achieved a milestone as the first company to fly an electric air taxi in Korea's K-UAM Grand Challenge. The company's flight test fleet demonstrated capabilities with a hydrogen-hybrid aircraft covering 561 miles.

Joby Aviation (NYSE:JOBY), a developer of all-electric aircraft for commercial passenger service, has announced it will release its fourth quarter and full year 2024 financial results after market close on Wednesday, February 26, 2025. The company will host a webcast at 5:00 pm ET on the same day.

The webcast will be accessible through the Upcoming Events section of Joby's website. For those unable to attend the webcast, a dial-in option is available at 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be made available on the company website after the event.

Joby Aviation (NYSE:JOBY) has entered the final phase of certification for its electric air taxi, conducting its first FAA testing under Type Inspection Authorization (TIA). The testing involved FAA pilots evaluating human factors and safety elements using an FAA-conforming flight deck in a simulator.

The company completed three days of TIA testing with four FAA test pilots, focusing on pilot workload, physical ergonomics, and safety aspects. Joby has also successfully completed static load testing on an FAA-conforming tail structure. The company is targeting 2025 to begin TIA flight testing with its first FAA-conforming aircraft, currently under construction in Marina, California.

Joby is the first eVTOL manufacturer to complete three of five stages of the FAA type certification program and has achieved over 40% completion of the fourth stage. Their electric air taxi is designed to transport a pilot and four passengers at speeds up to 200 mph.

Joby Aviation (NYSE:JOBY) has achieved a significant milestone in its electric air taxi development by completing the first FAA-credited major aerostructure testing. The company successfully conducted static load testing on the tail structure of its aircraft with FAA representatives present in Santa Cruz, CA.

The testing campaign is part of the FAA type certification process, involving comprehensive evaluation of all aircraft structures, components, and systems. During the tests, engineers applied forces exceeding maximum expected flight loads to the FAA-conforming tail structure.

The company's electric air taxi is designed to transport a pilot and four passengers at speeds up to 200 mph, promising reduced noise compared to helicopters and zero operating emissions.

Joby Aviation (NYSE:JOBY) has successfully completed flight tests in Korea as part of the K-UAM Grand Challenge, becoming the first electric air taxi company to do so. The tests, conducted at Goheung Aviation Test Center, demonstrated various flight profiles including fully wing-borne flight.

The company participated as part of the 'K-UAM Dream Team' consortium, which includes SK Telecom, Hanwha Systems, TMAP, and Korea Airports The achievement marks Joby's third country airworthiness certification after the United States and Japan.

The tests will conclude with a demonstration event on December 14, showcasing the aircraft's quiet acoustic footprint to over 200 guests. Joby's electric air taxi is designed to transport a pilot and four passengers at speeds up to 200 mph, offering zero-emission transportation.

Joby Aviation (NYSE:JOBY) and Jetex have announced a strategic partnership to integrate electric air taxi services into Jetex's private terminal network. The collaboration will initially focus on Middle East locations, where Joby will install its Global Electric Aviation Charging System (GEACS). The partnership aims to connect Jetex passengers to a network of vertiports across the region.

Joby has secured exclusive rights to operate air taxis in Dubai for six years through an agreement with Dubai's Road and Transport Authority. Construction of the first vertiport has begun at Dubai International Airport. The company has also signed agreements in Abu Dhabi to establish air taxi services and has applied to become the UAE's first certificated air taxi operator.

Joby's aircraft can transport a pilot and four passengers at speeds up to 200 mph with zero operating emissions.