All articles tagged with #joby aviation
Originally Published 25 days ago — by Joby Aviation
Joby Aviation plans to double its U.S. manufacturing capacity to produce four electric air taxis per month by 2027, supported by investments in facilities in California and Ohio, and a strategic alliance with Toyota, amid growing support for advanced air mobility and upcoming FAA certification milestones.
Originally Published 2 months ago — by Benzinga
Joby Aviation's stock surged after reporting a massive revenue beat in Q3, indicating strong financial performance and investor confidence.
Originally Published 2 months ago — by Joby Aviation
Joby Aviation has begun power-on testing of its first FAA-conforming aircraft, marking a key milestone in its final certification phase, with flight testing expected to start in 2025 and FAA certification anticipated in 2026.
Originally Published 3 months ago — by Business Insider
Flying taxis by Joby and Archer Aviation demonstrated their electric vertical take-off and landing aircraft at a California airshow, showcasing their potential to revolutionize urban transportation with quieter, efficient, and innovative air vehicles aiming to carry passengers within the next few years.
Originally Published 4 months ago — by TechCrunch
Uber plans to add Blade's helicopters to its platform as early as 2026, starting with popular routes near New York City and Southern Europe, as part of its broader goal to launch electric air taxis with Joby Aviation, which acquired Blade's passenger business last month.
Originally Published 5 months ago — by TipRanks
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.
Originally Published 5 months ago — by Barron's
Joby Aviation is acquiring Blade Air Mobility in a deal valued up to $125 million, expanding its urban air mobility infrastructure and passenger base, with Blade continuing operations as a subsidiary and the deal expected to close soon.
Originally Published 5 months ago — by TechCrunch
Joby Aviation is acquiring Blade Air Mobility's helicopter ride-share business for up to $125 million, gaining access to a network of terminals and operations in the US and Europe, with plans to transition to electric air taxis in the future.
Originally Published 5 months ago — by The New York Times
Joby Aviation plans to acquire Blade Air Mobility's passenger helicopter business for $125 million to expand its electric air taxi services, gaining access to Blade's infrastructure, routes, and customers as it works towards regulatory approval for its battery-powered aircraft.
Originally Published 5 months ago — by Yahoo Finance
L3Harris Technologies and Joby Aviation are collaborating to develop a military-grade VTOL aircraft, with flight testing planned for fall 2025 and demonstrations in 2026, featuring hybrid gas turbine technology for versatile missions.
Originally Published 7 months ago — by Barron's
White House support for electric vertical takeoff and landing aircraft has boosted stocks of Joby and Archer, leading to significant gains as government backing and private investments propel the nascent industry forward, with plans for U.S. certification and commercial air-taxi services in the near future.
Originally Published 1 year ago — by TechCrunch
Uber reports a full-year profit, Ford is working on a low-cost EV, and Fisker faces troubling issues with its Ocean SUV. Joby Aviation announces an agreement with Dubai regulators to launch air taxi services by early 2026. Additionally, various startups in the EV space secure significant funding, while Waymo's robotaxi strikes a bicyclist and is vandalized. Arrival's UK division enters administration, and Ford's skunkworks project in California, led by ex-Tesla and Ford Advanced EV development boss Alan Clarke, is working on a low-cost EV.
Originally Published 1 year ago — by Electrek.co
Joby Aviation has secured a definitive agreement with the government of Dubai to launch air taxi operations in the UAE, with exclusive rights to aerial operations in Dubai for six years starting in 2026. The company will work with Skyports to build and operate four vertiport sites in Dubai, offering eVTOL rides that can transport four passengers plus a pilot at speeds up to 200 mph, cutting car travel times significantly. Joby's progress in the eVTOL industry has been impressive, and this agreement marks a significant milestone in its efforts to bring full-scale air taxi operations to reality.
Originally Published 2 years ago — by Electrek
Joby Aviation, a leading eVTOL developer, has conducted its first flight in New York City, showcasing its potential for commercial air taxi operations in the urban area. The company aims to bring quieter and cleaner air travel to New York City in partnership with Delta Airlines, starting with roundtrip travel between Manhattan and JFK Airport. The four-passenger eVTOL could potentially reduce travel time from the heliport to JFK to just seven minutes, compared to over an hour by car. Joby and Delta are working with the Port Authority of New York and the New York City Economic Development Corporation to prepare for eVTOL operations at JFK and LaGuardia Airports.
Originally Published 2 years ago — by ABC News
Joby Aviation, a California-based company backed by Toyota, aims to launch commercial electric air taxi service in 2025. The founder, JoeBen Bevirt, believes that electric vertical takeoff and landing (eVTOL) aircraft can provide a safer, quieter, and more economically viable mode of transportation. Joby Aviation is focused on improving battery technology and reducing costs to make air taxis accessible for daily use. The company is currently working on pilot training, building infrastructure, and operational processes. Despite financial losses, Joby Aviation remains confident in achieving its goal of commercial service by 2025.