Articles from Joby Aviation, Inc.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has entered the final phase of certification for its electric air taxi, having conducted its first FAA testing under Type Inspection Authorization (“TIA”). The testing involved pilots from the Federal Aviation Administration (“FAA”) evaluating human factors elements of flight safety using an FAA-conforming flight deck in a Joby simulator.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has completed a landmark series of major aerostructure tests for certification credit with the Federal Aviation Administration (“FAA”).

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed a series of flight tests in Korea as part of the K-UAM Grand Challenge.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, and Jetex, a global leader in executive aviation, today announced a strategic partnership to redefine seamless connectivity for Jetex customers.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced that it has completed a training program with the U.S. Air Force covering the maintenance of Joby’s electric aircraft.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has received a Part 141 certificate from the Federal Aviation Administration (“FAA”) for its flight academy as well as FAA acceptance for its air operations voluntary Safety Management System (“SMS”) as established under Part 5.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced that pilots around the world can now take the controls of the Joby aircraft in the next generation of one of the most beloved simulation franchises, Microsoft Flight Simulator 2024.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced that construction has begun on the first vertiport in its planned Dubai air taxi network.

Joby Aviation, Inc. (NYSEJOBY), a next-generation aviation company, today issued its Third Quarter 2024 Shareholder Letter detailing the Company’s operational and financial results for the period ending September 30, 2024. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the completion of Joby’s first international exhibition flight which took place at Toyota’s Higashi-Fuji Technical Center in Shizuoka, Japan earlier this week.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, announced today the pricing of its underwritten public offering of 40,000,000 shares of common stock at a public offering price of $5.05 per share, before underwriting discounts and commissions. All of the shares of common stock are being offered by Joby. In addition, Joby has granted the underwriters a 30-day option to purchase up to an additional 6,000,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Joby, are expected to be $202 million, excluding any exercise of the underwriters’ option to purchase additional shares. Joby currently intends to use the net proceeds that it will receive from the offering, together with existing cash, cash equivalents and short-term investments, to fund its certification and manufacturing efforts, prepare for commercial operations and for general working capital and other general corporate purposes. The offering is expected to close on October 28, 2024, subject to satisfaction of customary closing conditions.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, announced today that it has launched an underwritten public offering to sell up to $200.0 million of its shares of common stock. All of the shares of common stock are being offered by Joby. In addition, Joby intends to grant the underwriters a 30-day option to purchase up to an additional $30.0 million of its shares of common stock. Joby currently intends to use the net proceeds that it will receive from the offering, together with existing cash, cash equivalents and short-term investments, to fund its certification and manufacturing efforts, prepare for commercial operations and for general working capital and other general corporate purposes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it is hosting aviation regulators from around the world at the Company’s manufacturing and flight testing facilities in Marina, California, as part of ongoing international certification efforts.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its third quarter 2024 financial results after market close on Wednesday, November 6, 2024, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today welcomed the release of new rules designed to enable the operation of Joby’s revolutionary aircraft in the United States.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has taken the first step towards becoming a certified air taxi operator in the United Arab Emirates.

Joby Aviation, Inc. (NYSEJOBY), a next-generation aviation company, today announced that it demonstrated autonomous logistics aircraft operations in an evolving mission environment, in partnership with the U.S. Air Force during the ‘Agile Flag 24-3’ exercise.

Joby Aviation, Inc. (NYSEJOBY), a next-generation aviation company, today announced it has rolled its third production prototype aircraft off the company’s pilot production line in Marina, CA, with four aircraft expected to be in active flight test during the next quarter. The news came as the company issued its Second Quarter 2024 Shareholder Letter, detailing the Company’s operational and financial results for the period ending June 30, 2024. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has formally applied for its revolutionary aircraft to be certified for use in Australia.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its second quarter 2024 financial results after market close on Wednesday, August 7, 2024, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a next generation aviation company, today announced it has successfully flown a first-of-its-kind hydrogen-electric air taxi demonstrator 523 miles, with water as the only by-product. The aircraft, which takes off and lands vertically, builds on Joby’s successful battery-electric air taxi development program, and demonstrates the potential for hydrogen to unlock emissions-free, regional journeys that don’t require a runway.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has received Federal Aviation Administration (“FAA”) authorization to use a suite of software tools developed in-house, called ‘ElevateOS’, that are designed to enable high-tempo, on-demand air taxi operations.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced the acquisition of the autonomy division of Xwing Inc., an industry leader in the development of autonomous technology for aviation.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it will host a virtual presentation on the Company’s preparations for commercial service on June 20, 2024.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has signed a Memorandum of Understanding (MoU) with Mukamalah, a wholly owned subsidiary of Saudi Aramco, the operator of the world’s largest fleet of corporate aircraft, to introduce Joby’s aircraft to the Kingdom of Saudi Arabia.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today issued its First Quarter 2024 Shareholder Letter detailing the Company’s operational and financial results for the period ending March 31, 2024. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed its pre-production flight test program and is now focused on the next phase of flight testing, during which the Company will use its production prototype aircraft to prepare for upcoming for-credit flight testing.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has broken ground on the expansion of its Pilot Production Line in Marina, California. The expansion will more than double Joby’s manufacturing footprint at the Marina Municipal Airport and is expected to begin operations next year.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establish and scale air taxi services in Abu Dhabi and beyond.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its first quarter 2024 financial results after market close on Tuesday, May 7, 2024, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it will deliver two aircraft to MacDill Air Force Base (“AFB”) in 2025 as part of the Company’s AFWERX Agility Prime contract with the U.S. Air Force.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has acquired an existing facility at Dayton International Airport and begun hiring in support of the Company’s initial manufacturing operations in Dayton, Ohio.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today issued its Fourth Quarter and Full Year 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending December 31, 2023. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has become the first developer of electric vertical take-off and landing (eVTOL) aircraft to complete the third of five stages of the Federal Aviation Administration (“FAA”) type certification process.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced the Federal Aviation Administration (“FAA”) has accepted its certification plan for Joby’s propulsion system, marking a critical step towards receiving type certification for the Company’s aircraft.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby’s electric air taxi service.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its fourth quarter and full year 2023 financial results after market close on Wednesday, February 21, 2024, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has signed a definitive agreement with Helo Holdings, Inc. (“HHI”), to install the first air taxi charger in the greater New York City region at the company’s heliport in Kearny, New Jersey, located just a two minute flight from Manhattan.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it is collaborating with Atlantic Aviation to electrify existing aviation infrastructure in New York and Southern California, paving the way for the launch of Joby’s revolutionary air taxi service.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric air taxis for commercial passenger service, today announced it has signed a definitive agreement with Clay Lacy Aviation to install Southern California’s first electric air taxi charger at John Wayne Airport (SNA) in Orange County, CA.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has successfully completed a series of air traffic simulations with NASA’s Ames Research Center that evaluated how air taxi operations can be integrated into today’s airspace, including at busy airports, using existing air traffic control (ATC) tools and procedures.

Joby Aviation, Inc. (NYSEJOBY), a company developing an all-electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has partnered with ANA Holdings Inc. (“ANA HD”) and Nomura Real Estate Development Co. Ltd. (“NRE”), one of Japan’s largest real estate developers, on the development of take-off and landing infrastructure, known as vertiports, to support the commercialization of its electric air taxi service across Japan.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has been awarded a $9.8 million California Competes grant by the Governor’s Office of Business and Economic Development (GO-Biz) to support the Company’s continued statewide expansion.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced that it successfully performed an exhibition flight in New York City yesterday, marking the first ever electric air taxi flight in the city and the first time Joby has flown in an urban setting.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today issued its Third Quarter 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending September 30, 2023. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its third quarter 2023 financial results after market close on Wednesday, November 1, 2023, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has expanded its flight test program to include flying with a pilot on board the aircraft, a critical step on the company’s journey towards commercial operations.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has delivered its first aircraft to Edwards Air Force Base approximately six months ahead of the expected 2024 delivery date. On-base operations with Joby aircraft will be used to demonstrate a range of logistics missions, including cargo and passenger transportation, and will be operated by both Joby and U.S. Air Force personnel. In partnership with the U.S. Air Force, NASA will also use the aircraft for research focused on how these aircraft could fit into the national airspace, benefiting the entire air taxi industry.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it plans to locate its first scaled aircraft production facility in Dayton, Ohio, the birthplace of aviation.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today issued its Second Quarter 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending June 30, 2023. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its second quarter 2023 financial results after market close on Wednesday, August 2, 2023, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced the release of its first annual Environmental, Social, Governance (ESG) report.

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has submitted all of its Certification Plans to the Federal Aviation Administration (“FAA”), marking further progress toward completing the third of five stages required to certify its aircraft for commercial use.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced that SK Telecom (NYSE:SKM, “SKT”), South Korea’s leading telecommunications company, is making an equity investment of $100 million in Joby, as part of an expanded partnership between the two companies.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has received a Special Airworthiness Certificate for the first aircraft built at its Pilot Production Line in Marina, California. Issued by the Federal Aviation Administration, the certificate allows Joby to begin flight testing of its first production prototype.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced the appointment of Tetsuo “Ted” Ogawa, President and Chief Executive Officer of Toyota Motor North America, Inc., to the Company’s Board of Directors, effective July 1, 2023.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today issued its First Quarter 2023 Shareholder Letter detailing the company’s operating and financial results for the period ended March 31, 2023. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced the pricing of its public offering of 43,985,681 shares of its common stock at a public offering price of $4.10 per share. All of the shares are being offered by Joby. The offering is expected to close on May 5, 2023, subject to the satisfaction of customary closing conditions.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a long-term agreement with Toyota Motor Corporation Inc. NYSE:TMNYSETM)

Joby Aviation, Inc. (NYSEJOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft, today announced the third extension of its Agility Prime contract with the United States Air Force. The $55 million contract extension brings the total potential value of Joby’s current contract with the Air Force up to $131 million and underlines the U.S. government’s continued commitment to leadership in this new sector.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its first quarter 2023 financial results after market close on Wednesday, May 3, 2023, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced the appointment of Michael Huerta, former Administrator of the United States Federal Aviation Administration (FAA), to the Company’s Board of Directors.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its financial results for the fourth quarter and full year 2022. Please visit the Joby investor relations website https://ir.jobyaviation.com/ to view the fourth quarter 2022 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET).

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it is beginning testing at the National Full-Scale Aerodynamic Complex (NFAC), the world’s largest wind tunnel facility, at NASA’s Ames Research Center in California’s Silicon Valley.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has begun final assembly of what is believed to be the world’s first company-conforming electric, vertical take-off and landing (eVTOL) aircraft.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft, today announced it has completed the second of five stages required by the Federal Aviation Administration (FAA) to certify its revolutionary electric vertical take-off and landing (eVTOL) aircraft for commercial passenger use.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its fourth quarter and full year 2022 financial results after market close on Wednesday, February 22, 2023, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced the appointment of Lt. Gen. (ret) Scott Howell, former Commander of the Joint Special Operations Command (JSOC), to the Company’s Advisory Board.

Joby Aviation, Inc. (NYSEJOBY), a company developing all-electric aircraft for commercial passenger service, today announced the completion of its second of four System Reviews required by the Federal Aviation Administration (“FAA”) as part of the Company’s aircraft type certification program.

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its financial results for third quarter 2022. Please visit the Joby investor relations website https://ir.jobyaviation.com/ to view the third quarter 2022 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET).

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing all-electric aircraft for commercial passenger service, today confirmed it has formally applied for its revolutionary aircraft design to be certified for use in Japan. The news comes as Japanese and U.S. regulatory authorities confirmed earlier today that they have reached an agreement to deliver a streamlined approval process for U.S. applicants who wish to validate their eVTOL (“electric vertical take-off and landing”) aircraft designs in Japan.

Delta Air Lines (NYSEDAL) is once again deepening its commitment to transform the future of travel: the airline is embarking on a multi-year, multi-market commercial and operational partnership with Joby Aviation, Inc. NYSE: JOBYNYSEJOBY)

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing electric vertical take-off and landing (“eVTOL”) aircraft, today announced its financial results for second quarter 2022. Please visit the Joby investor relations website https://ir.jobyaviation.com/ to view the second quarter 2022 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results at 2:30 p.m. PT (5:30 p.m. ET).

Joby Aviation, Inc. (NYSEJOBY), a California-based company developing electric vertical take-off and landing (“eVTOL”) aircraft, today announced an expansion of its existing contract with the U.S. Air Force’s Agility Prime program that increases the contract’s potential value by more than $45 million.