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Joby Aviation, Inc. - JOBY STOCK NEWS

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.

News

Joby Aviation to Report First Quarter 2024 Financial Results

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Joby Aviation, Inc. (NYSE:JOBY) is set to announce its first quarter 2024 financial results on May 7, 2024, after market close. The company, known for developing all-electric aircraft for commercial passenger service, will host a webcast at 5:00 pm ET on the same day, which will be publicly available on their website. Investors and stakeholders can access the webcast or listen by phone for updates on the company's financial performance.
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Joby Widens USAF Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB

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Joby Aviation, Inc. (JOBY) to deliver two electric air taxis to MacDill Air Force Base as part of a $131M contract with the U.S. Air Force for test and training purposes. The company's partnership with the DoD aims to explore various military use cases for its aircraft, highlighting the potential of eVTOL technology in logistics, transport, and security operations.
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Joby Acquires Facility in Ohio, Begins Hiring to Support Initial Manufacturing Operations

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Joby Aviation, Inc. (JOBY) acquires a facility at Dayton International Airport to support initial manufacturing operations for electric air taxis in Ohio. The company plans to build up to 500 aircraft per year in Dayton, creating high-quality manufacturing jobs and investing up to $500 million in the region.
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Joby Aviation Reports Fourth Quarter and Full Year 2023 Results

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Joby Aviation, Inc. (JOBY) releases its Fourth Quarter and Full Year 2023 Shareholder Letter, highlighting operational milestones, financial results, and future outlook. The company completed the first-ever flight of an electric air taxi in New York City, achieved certification milestones, and secured exclusive rights in Dubai. Joby ended Q4 2023 with $1.0 billion in cash and short-term investments. The 2024 outlook includes advancing aircraft certification, expanding commercialization efforts, and increasing engagement with the Department of Defense.
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Joby Completes Third Stage of FAA Certification Process

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Joby Aviation, Inc. (JOBY) has achieved a significant milestone by completing the third stage of the FAA type certification process for its electric vertical take-off and landing (eVTOL) aircraft. Joby is the first eVTOL company to reach this stage, showcasing its commitment to commercializing electric air taxis. The company's certification plans have been accepted by the FAA, paving the way for extensive testing and analysis. Joby's focus now shifts to the fourth stage of certification, emphasizing the thorough testing of every component and system of its aircraft. With recent achievements like receiving the Part 145 Repair Station Certificate, Joby is making strides towards bringing its electric air taxi service to the market. The aircraft's capabilities, including carrying a pilot and four passengers at speeds of up to 200 mph, highlight its potential for high-speed mobility with minimal noise and zero emissions.
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Joby to Launch Air Taxi Service in UAE

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Joby Aviation signs a definitive agreement with the government of Dubai to operate air taxis in the Emirate by early 2026. The agreement grants Joby exclusive rights for six years, positioning Dubai as a leader in clean and quiet air travel. Joby also partners with Skyports to build vertiports in Dubai, with initial operations expected by 2025.
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Joby Receives FAA Approval for Propulsion Certification Plan

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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 Receives Part 145 Maintenance Certificate from 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 to Report Fourth Quarter and Full Year 2023 Financial Results

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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 to Install First Electric Air Taxi Charger in Greater New York City Region

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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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FAQ

What is the current stock price of Joby Aviation (JOBY)?

The current stock price of Joby Aviation (JOBY) is $7.69 as of December 20, 2024.

What is the market cap of Joby Aviation (JOBY)?

The market cap of Joby Aviation (JOBY) is approximately 5.7B.

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.

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Joby Aviation, Inc.

NYSE:JOBY

JOBY Rankings

#1183 Ranked by Market Cap
N/A Ranked by Dividends

JOBY Stock Data

5.73B
504.68M
34.02%
39.94%
9.57%
Airports & Air Services
Aircraft
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United States of America
SANTA CRUZ