Results for: joby

Last week, Joby Aviation posted its Q1 earnings showing a strong cash reserve of $978M USD, not including an additional $180M USD from Baillie Gifford, a Scottish investment firm, with offices in New York and London. These additional funds are expected to be used to accelerate Joby’s early production, enabling the business to capitalize on near-term revenue opportunities without impacting...

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Joby has announced in a press release today it has signed a long-term agreement with Toyota Motor Corporation to supply key powertrain and actuation components for the production of the the company’s eVTOL production model. The agreement builds on the long-standing partnership between Joby and Toyota, which has seen the two companies collaborate on a wide variety of projects to...

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Joby Aviation, major maker of an all-electric, passenger-carrying eVTOL has announced that it has begun final assembly of its first ‘company-conforming’ aircraft. This means this particular prototype was built in accordance with the manufacturing processes and quality management standards that will be used to mass-produce their eVTOL aircraft. This latest announcement from Joby marks a significant step forward to the...

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Joby this week announced it has completed the second of five stages required by the Federal Aviation Administration (FAA) to certify its eVTOL aircraft for commercial passenger use. In the second stage of the type certification process, a company identifies the ways in which it will demonstrate it has met the regulatory intent of the safety rules (“Means of Compliance”)...

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Joby Completes First Half of FAA System Reviews

17 December 2022 || 3 min read

As part of its journey to Type certification, Joby’s eVTOL needs to undergo four system reviews, two of which have now been successfully completed. Joby Aviation, one of the forerunners of the eVTOL movement, has now announced another milestone in its journey to fully certify its electric eVTOL aircraft with the FAA. As Joby moves forward with Type Certification, it...

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Earlier this week, the FAA released the airworthiness/certification criteria for Joby’s JAS4-1 eVTOL prototype and candidate for commercialization. This is the first of its kind and provides the public with a detailed certification plan for eVTOL platforms of the future. The document draws its criteria largely from Part 23 for certification of fixed-wing general aviation aircraft, but also takes content...

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Delta has announced a massive $60m USD upfront equity investment in Joby with a total investment opportunity for $200 million as the airline hopes to be the first to offer eVTOL services for its passengers. Above: Joby CEO, JoeBen Bevirt and Delta CEO, Ed Bastian In a press release this week, Delta Airlines announced plans to partner with Joby Aviation...

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Joby Aviation and Skyports Infrastructure announced they are developing a Living Lab passenger terminal that will enable the two companies to test a variety of technologies and procedures that will help define how passengers experience vertical flight in the future. “Our all-electric vertical take-off and landing aircraft is set to revolutionize the way we travel in and around cities. Joby...

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Joby Aviation has announced an expansion of its existing contract with the U.S. Air Force’s Agility Prime program that increases the contract’s potential value by more than $45 million. Building on more than five years of engagement with defense agencies, the expanded contract leverages Joby’s years of research and technology development and will include new testing to evaluate Joby’s advanced...

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Joby Applies for UK Aircraft Certification

18 July 2022 || 3 min read

Joby Aviation announced late yesterday that it has formally applied for its revolutionary aircraft design to be certified for use in the United Kingdom. While Joby is currently pursuing the “type certification” for its aircraft with the U.S. Federal Aviation Administration (“FAA”) and expects the U.S. to be its first operating market, this application will allow Joby’s U.S.-based certification to...

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Joby Aviation, a prime eVTOL air taxi developer in the U.S, has officially received its Part 135 Air Carrier Certificate from the FAA (Federal Aviation administration). This certification allows Joby to conduct commercial operations, once its aircraft is fully certified. Joby’s announcement of Part 135 Certification, announced on May 26th of 2022, comes in ahead of schedule, as it was...

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Joby Aviation has announced that its full-size pre-production aircraft has successfully demonstrated its revolutionary low noise profile, following acoustic testing completed with NASA. Following analysis of the data obtained over two weeks of testing as part of NASA’s Advanced Air Mobility National Campaign, Joby’s aircraft was shown to have met the revolutionary low noise targets the Company set for itself....

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Joby has announced that it will host the 2022 Elevate Summit on October 12th and 13th in Brooklyn, NY. The summit will provide an opportunity for the entire aerial ridesharing ecosystem to come together to discuss progress in the sector; with attendees ranging from city officials and land developers to supply chain partners, the investment community, and other aircraft manufacturers....

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CAE, a global leader in aviation training devices, announced today that it has partnered with Joby to develop and qualify flight simulation training devices that will be used to train pilots of Joby’s revolutionary all-electric aircraft. Leveraging the core simulation technology Joby has been developing for the past five years, CAE will work with Joby to develop pilot training devices...

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All Nippon Airways (ANA) and Joby have announced they are forming a partnership that will see Japan’s largest airline join with Joby to bring aerial ridesharing services to Japan. Toyota Motor Corporation (Toyota) also joined the partnership, with the intention of exploring opportunities such as connections with ground-based transportation. ANA and Joby are set to collaborate on all aspects of...

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