Joby Aviation, Inc. Common Stock (JOBY)

EQNX::TICKER_START (NYSEKULR),NASDAQ:BLDENASDAQBLDE)(NYSE:TXTNYSETXT,(NYSE:ERJNYSE),(NYSE:JOBYJOBY) EQNX::TICKER_END

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.

PALM BEACH, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Helicopters play a critical role in modern transportation, from urban air mobility to emergency medical services and defense missions. However, one of the greatest challenges in rotorcraft design and operation is managing vibrations caused by the powerful mechanics of rotary systems. Mitigating the vibration matters because Helicopters face inherent vibration issues due to the dynamic interaction of rotors, engines, and airframes. Left unchecked, vibrations can lead to: Structural Fatigue and Maintenance Costs: Excessive vibrations accelerate wear and tear on critical components, increasing maintenance needs and reducing operational uptime; Reduced Passenger Comfort: Vibrations compromise the quality of the flight experience, particularly in urban air mobility where passenger satisfaction is critical; Operational Inefficiencies: Vibrations affect avionics performance and fuel efficiency, directly impacting mission success; and Effective vibration mitigation technologies ensure smoother, safer, and more efficient helicopter operations while extending the service life of rotorcraft systems. According to a report from Nova1Advisor said: “The U.S. vibration control system market size is projected to hit around $1.62 Billion by 2033, growing at a CAGR of 6.7% during the forecast period 2024 to 2033. Vibration control systems (VCS) effectively detect and analyze vibrations by utilizing advanced algorithms and precision sensors, providing real-time feedback and control mechanisms to reduce vibration intensity to safe and manageable levels, which if not controlled or managed, can lead to equipment damage, safety hazards, and decreased productivity.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Blade Air Mobility, Inc. NASDAQ: BLDENASDAQBLDE)(NYSE: TXTNYSETXT, Embraer S.A. (NYSE: ERJNYSE), Joby Aviation, Inc. (NYSE: JOBYJOBY).

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.

Stocks struggled for direction, but the trend before tech earnings is still bullish. Nevertheless, investors should expect volatility ahead of the election.

Investors have been eagerly waiting for signs of recovery, and there are several reasons to think now might be the perfect time to consider getting involved. 

PALM BEACH, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The business use cases of commercial drones have expanded significantly over the past few years and the commercial drone market is growing to interior uses in warehouses/facilities in additions to all of the well know exterior used. They are also being increasingly adopted in the construction and real estate sectors due to their ability to survey the property, offer constant and exact project alerts, increase safety, and prevent harmful accidents on construction sites. Moreover, their conventional applications, such as monitoring, surveillance, and security, have instigated the product demand for search and rescue operations, identifying unstable roofs in dangerous and inaccessible positions, tracking out elevated infrastructure that might have damaged electrical cables, etc. A recent report issued by Grand View Research, discussed the segments on the market, saying: “Product Insights: The rotary blade segment held the largest revenue share of over 78.9% in 2024. The demand for rotary blade drones is anticipated to surge for inspection activities owing to its ability to hover and execute agile maneuvering while maintaining a visual on a particular target for prolonged periods. These drones are often seen as a suitable alternative for various business applications such as surveillance, filmmaking, photography, and monitoring. In addition, they are easier to control than hybrid and fixed-wing counterparts. The hybrid segment is expected to attain a CAGR of over 18% over the forecast period owing to the advantages associated with these commercial drones. These drones enhance their efficiency and power by integrating the capabilities of batteries and fuel. Moreover, these drones can fly for long periods with heavier payloads, even in severe weather conditions. Tech giants like Facebook and Amazon use hybrid drones to transport packages effectively and quickly while enabling internet access in remote locations.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Red Cat Holdings, Inc. NASDAQ: RCATNASDAQRCAT)(NYSE: JOBYNYSEJOBY, EHang Holdings Limited (NASDAQ: EHNASDAQ), AeroVironment, Inc. (NASDAQ: AVAVAVAV).

A strong jobs report and a temporary settlement of the port strike lifted stocks but inflation and earnings data could set investors up for more volatility

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Joby Aviation is progressing on several fronts and is on track to commercialize its operations in 2025. Analysts see higher prices, and shorts are covering.

Joby Aviation's recent partnerships and innovative air taxi technology hold the potential to revolutionize urban transportation.

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.