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Aviation Joby Aviation, Inc. (NYSE:JOBY), 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.
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- Joby Aviation, Inc. (NYSE:JOBY), 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.
- During the presentation, Joby executives will present a view of the Company’s industry-leading work to meet the regulatory and operational requirements for the safe and efficient operations of an on-demand electric air taxi service.
- The presentation will be accessible via the Upcoming Events section of Joby’s investor relations website.
- A replay of the event will be available online for a limited time.
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Airline Key Points:
- View the full release here: https://www.businesswire.com/news/home/20240521221682/en/
Captain Khalid Al Natour, CEO of Mukamalah Aviation, signed a Memorandum of Understanding with Joby Founder and CEO JoeBen Bevirt at the Future Aviation Forum in Riyadh, Saudi Arabia.
- Joby Aviation Photo
The MoU, signed today between Joby and Mukamalah, contemplates the parties working together to engage with key aviation stakeholders, including The Saudi General Authority of Civil Aviation (GACA), to expedite Joby’s entry into the Saudi Arabia market, leading to the direct purchase of Joby aircraft to be used in Mukamalah’s operations.
- “Over the past years, we have already invested in a more sustainable future, including taking steps in Sustainable Aviation Fuel testing, supporting the development of hydrogen solutions in the aviation ecosystem, and supporting the Kingdom’s green initiatives by delivering sustainable aviation solutions.
- A spokesperson for GACA, the Saudi General Authority of Civil Aviation, said: “We are proud to be working together with Joby and Mukamalah on the regulatory framework necessary to support the introduction of eVTOL aircraft.
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MacDill Air Force Base Joby Aviation, Inc. (NYSE:JOBY), 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.
Key Points:
- Joby Aviation, Inc. (NYSE:JOBY), 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.
- At the end of the first quarter of 2024, we maintained a strong balance sheet with $924 million in cash and short term investments.
- First Quarter Financial Results Webcast Details:
If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906.
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Airline 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.
Key Points:
- 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.
- Joby also demonstrated speeds exceeding 200 miles per hour and flight at altitudes exceeding 10,000 feet above mean sea level.
- In 2023, Joby expanded its flight test program to include flights with pilots on board the aircraft , as well as completing the first-ever exhibition flight of an electric air taxi in New York City .
- James Denham, Joby Chief Test Pilot, and the first person to fly onboard Joby’s full-scale prototype aircraft, commented: “Over the past four years, we thoroughly tested and studied our aircraft in flight, from precision landing and outwash to human factors.
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Airline Joby Aviation, Inc. (NYSE: JOBY), 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.
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- Joby Aviation, Inc. (NYSE: JOBY), 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.
- (Photo: Business Wire)
During a ceremony held today to celebrate the groundbreaking, Joby also showcased its second production prototype aircraft, which recently rolled off the Company’s pilot production line.
- The aircraft is expected to join Joby’s first production prototype aircraft at Edwards Air Force Base later this year.
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Amusement park Joby Aviation, Inc. (NYSE:JOBY), 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.
Key Points:
- Joby Aviation, Inc. (NYSE:JOBY), 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.
- View the full release here: https://www.businesswire.com/news/home/20240425195449/en/
departments to establish an electric air taxi ecosystem in the UAE.
- The agreement also unlocks the potential for inter-emirate air taxi services, for example between Abu Dhabi and Dubai.
- We’re looking forward to delivering a fantastic experience for our future customers in Abu Dhabi and we’re excited to be unlocking the potential for zero-emissions flight between Abu Dhabi and Dubai.
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Webcast Joby Aviation, Inc. (NYSE:JOBY), 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.
Key Points:
- Joby Aviation, Inc. (NYSE:JOBY), 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.
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Airline Personnel will test and train with the aircraft based at MacDill AFB, on base and in the surrounding area.
Key Points:
- Personnel will test and train with the aircraft based at MacDill AFB, on base and in the surrounding area.
- Joby delivered its first aircraft to Edwards Air Force Base in California in September 2023, with a second aircraft expected to be placed on the base this year.
- In 2020, Joby became the first eVTOL developer to receive military airworthiness approval for its pre-production prototype aircraft.
- Joby will continue to train USAF pilots and maintainers, and other government partners, on this new category of electric aircraft.
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Airline Joby Aviation, Inc. (NYSE:JOBY), 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.
Key Points:
- Joby Aviation, Inc. (NYSE:JOBY), 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 photo
The facility acquired by Joby will be fitted out to support initial manufacturing operations in Dayton, which are expected to begin later this year.
- The facility will be used for the manufacturing of aircraft parts in support of Joby’s Pilot Production Line in Marina, California.
- “We’re pleased to be able to acquire an underutilized facility at Dayton International Airport and repurpose it as a modern, high-tech manufacturing center to serve as our initial manufacturing footprint in the region.
Retrieved on:
Wednesday, February 21, 2024
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- Joby Aviation photo
During the third stage of the process, Joby submitted certification plans that cover all of the aircraft’s structural, mechanical, and electrical systems, as well as the Company’s intended certification approach to cybersecurity, human factors, and noise.
- JoeBen Bevirt, Founder and CEO of Joby, commented: “Joby continues to lead the industry towards bringing electric air taxis to the commercial market.
- Our certification and engineering teams are best-in-class and, working closely with the FAA, continue to support U.S. leadership in this new area of aviation.”
Joby is now fully focused on the fourth stage of the certification process, where the Company will complete tests and analysis for FAA credit covering every component and system on the Joby aircraft – as well as the entire aircraft itself.
- “With all of our certification plans accepted by the FAA, we are now completely focused on the execution phase of the certification process.
