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Joby Aviation

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Joby Aviation Completes First Fully Autonomous Cross-Country US Flight
technology22 days ago

Joby Aviation Completes First Fully Autonomous Cross-Country US Flight

Joby Aviation successfully executed the first fully autonomous cross-country flight in the United States, covering 3,199 miles from California to North Carolina using a retrofitted Cessna Caravan. The aircraft operated without human control inputs for taxiing, takeoff, cruising, and landing, though a safety pilot remained onboard. The company aims to expand this technology beyond urban air taxis into commercial freight, emergency response, and defense logistics.

via Engadget|
#autonomous-aviation#cessna-caravan#defense-logistics
Joby Aviation’s Cessna Caravan Completes First Fully Autonomous Cross-Country Flight
technology23 days ago

Joby Aviation’s Cessna Caravan Completes First Fully Autonomous Cross-Country Flight

A retrofitted Cessna Caravan operated by Joby Aviation has completed the first fully autonomous cross-continental flight in the United States. Departing from Concord, California, on September 7, the aircraft traveled 3,199 miles to North Carolina without any control inputs from the human safety pilot onboard. The flight, which concluded on September 14, utilized autonomous programming for all phases, including taxiing, takeoff, navigation, and landing. Joby Aviation, which acquired the technology through its 2024 purchase of Xwing, stated that the system has logged over 400 flights and 800 automated hours. The aircraft is now undertaking a return journey to California with scheduled stops in multiple states.

via New York Post|
#autonomous-aviation#cessna-caravan#electric-air-mobility
Could a $5,000 Bet on Joby Aviation Take Flight in 3 Years?
finance1 month ago

Could a $5,000 Bet on Joby Aviation Take Flight in 3 Years?

The Motley Fool argues that if Joby Aviation (JOBY) secures full FAA certification, launches its first commercial flights internationally, and scales production with partners like Toyota, its revenue could grow from about $53M in 2025 to roughly $435M in 2028 and $870M in 2029. Using valuation multiples of 16–20x sales, the stock could push its market cap from the current roughly $6.8B toward $14–$17B by 2029, yielding a potential triple- to quadruple-sized return on a $5,000 investment. However, profitability remains uncertain, insiders have sold shares, and dilution is ongoing, making Joby a high-risk, speculative play despite its competitive eVTOL advantages and strong backing from Toyota, Delta, and Uber.

via Yahoo Finance|
#evtol#faa-certification#finance
Joby’s NYC eVTOL demo targets ride-share–style pricing
technology5 months ago

Joby’s NYC eVTOL demo targets ride-share–style pricing

Joby Aviation completed point‑to‑point electric air taxi demonstrations in New York, flying from JFK to Midtown heliports in under 10 minutes as part of a week‑long public campaign. The company says the service could link vertiports, airports, and communities across the NYC metro area, with a price point aimed to be competitive with ground transportation over time. Officials hailed the tests as a milestone for advanced air mobility, while the aircraft are designed for zero emissions and lower noise than helicopters.

via Fox News|
#air-taxi#evtol#joby-aviation
New York runs a test flight for electric air taxis linking Manhattan to JFK
technology5 months ago

New York runs a test flight for electric air taxis linking Manhattan to JFK

Joby Aviation kicked off a 10-day FAA-backed eVTOL pilot in New York City, conducting demonstration flights between Manhattan heliports and JFK to explore five-seat electric air taxis that could shuttle riders in under 10 minutes. The effort, which involves Blade, Delta, and Uber partnerships, aims to inform future regulations and certification as urban air mobility expands globally.

via CNN|
#evtol#faa-certification#jfk-airport
Archer-Joby Patent Clash Heats Up as Insider Stock Awards Tie to Pay
market-news7 months ago

Archer-Joby Patent Clash Heats Up as Insider Stock Awards Tie to Pay

Archer Aviation escalates its patent dispute with Joby Aviation, filing a federal counterclaim and an ITC complaint over eVTOL patents and seeking damages and potential import relief. Separately, insider filings show stock awards vesting and connected tax-driven sales rather than a shift in sentiment. The developments come as Archer faces a stock move and analysts note a strong upside potential despite the legal battle.

via TipRanks|
#achr#archer-aviation#joby
Eight-city FAA program advances real-world tests of electric air taxis
technology7 months ago

Eight-city FAA program advances real-world tests of electric air taxis

The FAA-approved eight pilot projects across 26 states will test electric vertical takeoff and landing aircraft, air taxi routes, cargo and medical missions as part of the Advanced Air Mobility/eVTOL Integration Pilot Program, with partners including Archer, Joby, BETA and Electra. Operations begin this summer to generate data for future regulations, highlighting U.S. efforts amid global competition with China; Los Angeles was not selected as a test site, and Archer and Joby are contesting ties to China in a separate lawsuit.

via Axios|
#advanced-air-mobility#archer-aviation#evtol
Joby Aviation slides on plan to raise $1B with convertibles and stock offering
business8 months ago

Joby Aviation slides on plan to raise $1B with convertibles and stock offering

Joby Aviation announced a roughly $1 billion capital raise consisting of convertible senior notes due 2032 and a concurrent equity offering, with notes potentially converting at up to a 30% premium and stock shares priced at a discount to the current price. The move triggered a premarket stock decline as the company aims to fund its production-expansion plan to double output by 2027; cash on hand was $978.1 million at the end of Q3.

via Sherwood News|
#business#capital-raise#convertible-notes
Joby Aviation Accelerates Air Taxi Expansion with Blade Acquisition
business1 year ago

Joby Aviation Accelerates Air Taxi Expansion with Blade Acquisition

Joby Aviation is acquiring Blade Air Mobility's helicopter ride-share business for up to $125 million to accelerate its electric air taxi launch, boosting its stock by 22%, and is also partnering with L3Harris to develop military VTOL aircraft. The deal grants Joby access to key locations like Newark and Manhattan heliports, with plans to start commercial service in Dubai by 2026 and expand production. Despite positive developments, Wall Street's consensus on Joby stock is moderate, with a significant downside potential based on current price targets.

via TipRanks|
#air-taxis#blade-air-mobility#business