Joby Achieves Testing Landmark with Piloted Aircraft

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has reached a landmark moment in its aircraft test program, successfully completing flights with a full transition from vertical to cruise flight, and back again, with a pilot onboard. Transitioning from vertical to horizontal flight is a key design attribute of the Joby aircraft, allowing it to take-off and land vertically like a helicopter, while maintaining the efficiency and speed of a conventional, fixed-wing aircraft in forward flight. This unique capability will enable Joby to deliver rapid and seamless passenger service directly to popular destinations. Joby purposefully set out to demonstrate remotely-piloted transition first, completing the first transition of a full-scale, prototype aircraft in 2017. The Company has since completed more than 40,000 miles of test flights across multiple aircraft, including hundreds of transitions from vertical take-o