Joby Aviation, Inc. - JOBY STOCK NEWS

Joby Aviation (NYSE: JOBY), based in California, reported its second-quarter 2022 financial results. The company is developing electric vertical take-off and landing (eVTOL) aircraft aimed at enhancing urban transportation. Key announcements include hosting a live audio webcast to discuss these financial results on August 11, 2022, at 2:30 p.m. PT. The webcast can be accessed through Joby's investor relations website. For more details, visit Joby’s investor relations page.

Joby Aviation, Inc. (NYSE:JOBY) has expanded its contract with the U.S. Air Force's Agility Prime program, increasing its potential value by over $45 million, now totaling more than $75 million. This contract extension includes engagement with the U.S. Marine Corps for flight tests and applications like resupply and medical response. The expansion emphasizes Joby's commitment to launching its eVTOL passenger service while leveraging government partnerships for technology development and testing.

Joby Aviation (NYSE: JOBY), based in California, will release its Q2 2022 earnings results after market close on August 11, 2022. A webcast discussing the results will be held at 5:30 PM ET that same day. Investors can access the webcast on the company's website, with a replay available afterward. Joby is focused on developing all-electric vertical take-off and landing aircraft for urban air mobility. The company anticipates growth in manufacturing capabilities and aims to launch its aerial ridesharing service amidst various market risks.

Joby Aviation, Inc. (NYSE:JOBY) has formally applied for U.K. certification of its innovative electric aircraft design, aiming for concurrent validation with the U.S. FAA. This milestone positions Joby as the first eVTOL company to seek foreign validation of its FAA type certificate. With a 150-mile range and an emphasis on quiet, emissions-free flights, the aircraft is designed to enhance urban connectivity. Joby is collaborating with U.K. regulators to streamline the introduction of its services, following a joint regulatory statement in March 2022.

Joby Aviation (NYSE:JOBY) has received its Part 135 Air Carrier Certificate from the FAA ahead of schedule, permitting it to commence commercial air taxi operations. Originally expected in late 2022, the certification signifies a key step towards launching an eVTOL service in 2024. Joby will utilize conventional aircraft for operational refinement as it prepares for its future aerial ridesharing service. The certification process involved extensive documentation and pilot training, demonstrating the company’s readiness and commitment to sustainable urban air mobility.

Joby Aviation (NYSE: JOBY), based in California, reported financial results for Q1 2022, as it develops all-electric aircraft for commercial passenger service. The company aims to launch its air taxi service in 2024, featuring aircraft capable of traveling 150 miles at speeds up to 200 mph. Joby continues to expand its workforce, now exceeding 1,000 employees across multiple locations. For further details, a live conference call will occur on May 12, 2022, at 2:00 p.m. PT.

Joby Aviation (NYSE:JOBY) successfully completed acoustic testing with NASA, demonstrating its pre-production aircraft's low noise profile. The aircraft achieved a sound level of 45.2 dBA at 1640 feet during flight, significantly quieter than traditional aircraft, and below 65 dBA during take-off and landing, comparable to normal conversation. This achievement positions Joby to enhance urban air mobility and aims for a commercial launch of its aerial ridesharing service in 2024, focusing on reducing urban congestion with its environmentally friendly technology.

Joby Aviation, Inc. (NYSE:JOBY) has confirmed a partnership with TMAP, South Korea's largest mobility platform, to develop aerial ridesharing services in Korea. TMAP's extensive transportation data will assist in optimizing air taxi routes and services. Along with SK Telecom, Joby aims to integrate emissions-free aerial ridesharing into TMAP's offerings. Joby's eVTOL aircraft can travel up to 150 miles at speeds of 200 mph, with plans to operate in selected international markets. This collaboration supports the Korean Urban Air Mobility Roadmap.

Joby Aviation, Inc. (NYSE: JOBY), a California-based company focused on developing all-electric aircraft for commercial passenger service, will announce its first quarter 2022 earnings after the market closes on May 12, 2022. Management will discuss the results during a conference call at 5:00 pm ET on the same day. The company is developing an all-electric vertical take-off and landing aircraft intended for a fast air taxi service starting in 2024, with a range of 150 miles and speeds up to 200 mph.