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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 Reports Third Quarter 2023 Results

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Joby Aviation, Inc. (NYSE:JOBY) released its Third Quarter 2023 Shareholder Letter, highlighting operational and financial results. The company completed flight tests with four pilots, achieved 84% acceptance of Certification Plans by FAA, delivered the first electric air taxi to the U.S. Air Force, and began production at its Pilot Production Facility. Joby also announced Dayton, OH as the site for its first scaled manufacturing facility. The company had $1.1 billion in cash and short-term investments at the end of Q3 2023.
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Joby Aviation to Report Third Quarter 2023 Financial Results

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Joby Aviation to release Q3 2023 financial results and host webcast
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Joby Begins Flight Testing with Pilot On Board

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Joby Aviation expands flight test program to include flying with a pilot on board, a critical step towards commercial operations.
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Joby Delivers First eVTOL Aircraft to Edwards Air Force Base Ahead of Schedule

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Joby Aircraft delivers its first electric air taxi to the U.S. Air Force, marking a significant milestone in the development of electric aviation. The aircraft will be used for logistics missions and research, benefiting the air taxi industry. Joby's contract with the DOD is valued at $131 million and includes the provision of up to nine aircraft. The partnership with the U.S. Air Force and NASA demonstrates the successful public-private partnerships in advancing aviation technology.
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Joby Selects Dayton, Ohio, Birthplace of Aviation, For First Scaled Manufacturing Facility

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Joby plans to build facility in Dayton, Ohio capable of delivering up to 500 aircraft per year. Joby plans to invest up to $500 million, creating up to 2,000 jobs. Up to $325 million in state and local incentives available to support scaling. U.S. Department of Energy invited Joby to submit a Part II application for a Title XVII loan. Joby plans to use existing nearby buildings to begin near-term operations.
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Joby Subsidiary H2FLY Completes World’s First Piloted Flight of Liquid Hydrogen Powered Electric Aircraft

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H2FLY completes successful piloted flight of liquid hydrogen-powered electric aircraft
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Joby Aviation Reports Second Quarter 2023 Results

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Mayfield Announces $250 Million AI Start Seed Fund and Adds New Partner

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Mayfield announces $250 million AI Start seed fund to partner with AI-first founders. Vijay Reddy joins as a dedicated AI Start Seed Fund partner.
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Joby Aviation to Report Second Quarter 2023 Financial Results

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Joby Aviation, Inc. (NYSE: JOBY) to release Q2 2023 financial results and host webcast on August 2, 2023
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Joby Releases First Annual Environmental, Social, Governance Report

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Joby Aviation, Inc. (NYSE: JOBY) releases its first annual Environmental, Social, Governance (ESG) report, marking a significant step for the eVTOL industry. The report, led by Sustainability Lead Claire Boland, highlights Joby's commitment to positive impact and provides insights into its progress and areas for improvement.
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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.

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Joby Aviation, Inc.

NYSE:JOBY

JOBY Rankings

#1336 Ranked by Market Cap
N/A Ranked by Dividends

JOBY Stock Data

4.80B
504.62M
34.02%
39.92%
10.24%
Airports & Air Services
Aircraft
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United States of America
SANTA CRUZ