STOCK TITAN

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.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.6%
Tags
partnership
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.48%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.3%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.06%
Tags
-
Rhea-AI Summary
Joby Aviation to release Q3 2023 financial results and host webcast
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
conferences earnings
-
Rhea-AI Summary
Joby Aviation expands flight test program to include flying with a pilot on board, a critical step towards commercial operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
none

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.

Joby Aviation, Inc.

NYSE:JOBY

JOBY Rankings

JOBY Stock Data

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