Joby Aviation is a U.S.-based company that designs and manufactures electric vertical takeoff and landing (eVTOL) aircraft, with the intent to operate an air taxi service. Their primary product is an all-electric aircraft designed for commercial passenger transport. Joby Aviation has partnered with companies like Toyota and has worked with NASA and the U.S. Air Force, and is working towards FAA certification for commercial operations. Associated keywords include eVTOL, air taxi, electric aircraft, advanced air mobility, and aerial ridesharing.
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Rocket Lab and Joby Aviation each account for roughly 16% of the 1Q U.S. Aerospace Tech ETF portfolio.
Skyports Infrastructure signed a tripartite agreement with the Roads and Transport Authority of Dubai (RTA) and Joby Aviation earlier in 2024.
Joby Aviation expects its aerial ridesharing service to launch in 2024.
Joby Aviation, Inc. is a California-based company developing all-electric aircraft for commercial passenger service.
Joby Aviation will use its Part 135 certificate in the coming months to exercise operations and customer technology platforms and to refine its procedures for eVTOL operations.
Joby Aviation received the Part 135 Air Carrier Certificate ahead of schedule, with completion of the process originally expected in the second half of 2022.
Joby Aviation is the first and only eVTOL company to sign a G-1 (stage 4) Certification Basis for its aircraft with the Federal Aviation Administration.
Joby Aviation’s piloted eVTOL aircraft has a maximum range of 241 km (241 km), a top speed of 200 mph (321 km/h), and a low noise profile designed to allow access to built-up areas.
Joby Aviation’s strategy for launching service in select markets outside the United States includes partnering with local companies committed to customer service and operational excellence.
Joby Aviation and Uber have been collaborating since 2019.
The strategic collaboration agreement between SK Telecom and Joby Aviation supports the South Korean Ministry of Land, Infrastructure, and Transport’s K-UAM (Korean Urban Air Mobility) Roadmap first announced in 2020.
Uber invested $75,000,000 in Joby Aviation as part of an expanded partnership.
Uber previously invested $50,000,000 in Joby Aviation as part of Joby’s Series C financing round in January 2020.
Uber’s $75,000,000 investment brings Uber’s all-time total investment in Joby Aviation to $125,000,000.
Joby Aviation’s total funding, including previous rounds, is $820,000,000.