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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Joby Aviation (NYSE:JOBY) is set to host the 2022 Elevate Summit on October 12-13 in Brooklyn, NY. This summit aims to unite key players in the aerial ridesharing ecosystem, including city officials and investment partners, to discuss advancements in the sector. The event follows a successful history of Elevate Summits initiated by Uber. Joby’s Head of Product, Eric Allison, emphasizes the summit's role in advancing aerial mobility. The gathering will feature discussions on electric aircraft that promise to transform urban transportation. More details will be unveiled later this summer.

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Joby Aviation (NYSE: JOBY) announced its fourth quarter 2021 financial results. The company focuses on developing all-electric aircraft aimed at commercial passenger services, targeting a launch in 2024. Their aircraft can travel up to 150 miles at speeds reaching 200 mph, designed to alleviate urban congestion. Joby employs over 1,000 people across locations in California and Munich. Interested parties can access the results via a live audio webcast scheduled for March 24, 2022, at 2:00 p.m. PT.

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Joby Aviation (NYSE:JOBY) has resumed flight testing of its second pre-production prototype aircraft at its Marina, CA facility. The aircraft, which received FAA and U.S. Air Force approval, has completed 38 flights, reaching speeds over 90 mph. In 2022, Joby flew over 5,300 miles, gathering 65 terabytes of data and showcasing a single-charge endurance of 154.6 miles. The internal safety review board has lifted the flight testing pause instituted after an accident earlier this year. Joby plans to launch commercial air taxi services in 2024.

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Joby Aviation (NYSE:JOBY) has submitted its first area-specific certification plan to the FAA, marking a significant milestone in the development of its eVTOL aircraft for commercial use. This submission focuses on cabin safety and is part of a series of plans needed for type certification. Joby has already agreed upon over two-thirds of its compliance requirements with the FAA. The company, aiming to launch its aerial ridesharing service in 2024, has completed numerous tests and has a maximum range of 150 miles and speeds up to 200 mph for its five-seat aircraft.

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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.

Joby Aviation, Inc.

NYSE:JOBY

JOBY Rankings

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