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Articles for tag Joby


Oct
02
2024

Toyota To Invest $500 Million in Joby Aviation

Posted by Admin

TOYOTA CITY, Japan, and SANTA CRUZ, Calif., Oct. 2, 2024 /PRNewswire/ -- 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 that Toyota will invest an additional $500 million to support the certification and commercial production of Joby's electric air taxi, with the aim of realizing the two companies' shared vision of air mobility.

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Tags: Joby Toyota
Categories: Press Releases


Aug
08
2024

Joby Rolls Third Aircraft Off Production Line, Reports Second Quarter 2024 Financial Results

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Joby
Categories: Press Releases


Aug
06
2024

Joby Applies for Aircraft Certification in Australia

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Australia Joby
Categories: Press Releases


Jun
04
2024

Joby Acquires Xwing Autonomy Division, Looks Ahead to Autonomous Flight

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Joby XWing
Categories: Press Releases


May
21
2024

Joby Partners with Mukamalah Aviation

Posted by Admin

SANTA CRUZ, Calif. & DHAHRAN, Saudi Arabia--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Joby Mukamalah Aviation
Categories: Press Releases


May
02
2024

Joby Progresses to Next Phase of Aircraft Flight Test Program

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Joby
Categories: Press Releases


Mar
19
2024

Joby Widens USAF Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: AFWERX Agility Program Joby MacDill Air Force Base
Categories: Press Releases


Feb
21
2024

Joby Completes Third Stage of FAA Certification Process

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: eVTOL FAA Joby
Categories: Press Releases


Feb
12
2024

Joby to Launch Air Taxi Service in UAE

Posted by Admin

SANTA CRUZ, Calif. & DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: Air Taxi Dubai Joby United Arab Emirates
Categories: Press Releases


Feb
09
2024

Joby Receives FAA Approval for Propulsion Certification Plan

Posted by Admin

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE:JOBY), 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.

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Tags: FAA Approval Joby Propulsion Certification Plan
Categories: Press Releases

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