Joby

Joby Reports First Quarter 2024 Results

Retrieved on: 
Mardi, mai 7, 2024
Engineering, Air, Transport, Aerospace, Manufacturing, Machinery, Ecosystem, Investment, Joby, Certification, Partnership, Webcast, Joby Aviation, Emirate, Aviation, Multimedia, Government, 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.

Investing in the Electric Aircraft Revolution

Retrieved on: 
Mercredi, avril 3, 2024
Aircraft, EPS, Airbus CityAirbus, Transport, CAE Inc., Eye, CAE, Nextgen, USD, Pratt & Whitney, Partnership, Air travel, Joby, Macquarie Infrastructure Corporation, MacDill Air Force Base, City, Lilium Jet, UAM, USSOCOM, Joby Aviation, Safety, Compound annual growth rate, KULR, Advanced Air Mobility, United States Air Force, Strategic planning, CENTCOM, EASA, Eviation Alice, Research, News, Lilium, EHang, AMC, TRS, Air Mobility Command, Spacecraft, United States Central Command, Growth, FBO, Aviation, AAM, Airline

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.

Key Points: 
  • According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.
  • KULR Technology Group, Inc. (NYSE American: KULR), betting on the electrification of everything, will play a key role in the safety of the electric aircraft future.
  • From startups like Eviation with their Alice aircraft to major players like Airbus and their E-Fan X project, the race is on to develop viable electric planes.
  • Some smaller electric aircraft are already taking to the skies for test flights ."

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Retrieved on: 
Mardi, avril 2, 2024
Aircraft, Midnight, Failure, Noise, ACHR, Transport, CAE Inc., Carbon, CAE, USD, Pratt & Whitney, Archery, Partnership, Air travel, Joby, PALM, Economic development, Macquarie Infrastructure Corporation, City, Lilium Jet, Joby Aviation, Safety, KULR, Advanced Air Mobility, EASA, Medicine, News, Acquisition, Adjustment, Lilium, TRS, Engineering, Dayton International Airport, Spacecraft, The Company, FBO, Aviation, Blade, Airport, Airline

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Key Points: 
  • It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.
  • Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.
  • Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions.
  • Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

Joby Acquires Facility in Ohio, Begins Hiring to Support Initial Manufacturing Operations

Retrieved on: 
Mardi, mars 5, 2024
Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Air, Transport, Aerospace, Manufacturing, Transportation, Travel, Aircraft, Acquisition, Multimedia, Aviation, Noise, Joby, Joby Aviation, Dayton International Airport, Workforce, Titanium, 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.

Joby Aviation Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mercredi, février 21, 2024
Air, Transport, Aerospace, Manufacturing, Certification, Emirate, Quarter, Aircraft, Multimedia, Investment, NASA, Aviation, Exhibition, Government, Joby, Joby Aviation, Webcast, Exclusivity, Airline

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today issued its Fourth Quarter and Full Year 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending December 31, 2023.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today issued its Fourth Quarter and Full Year 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending December 31, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240221485064/en/
    During Q4 2023, Joby completed the first-ever flight of an electric air taxi in New York City.
  • At the end of the fourth quarter of 2023, we had $1.0 billion in cash and short-term investments.
  • Fourth Quarter and Full Year 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.

Joby to Launch Air Taxi Service in UAE

Retrieved on: 
Dimanche, février 11, 2024
Air, Transport, Aerospace, Manufacturing, Transportation, Travel, Emirate, GCAA, Atmosphere, Multimedia, Skyports, RTA, Aviation, Uber, JoeBen Bevirt, Government, SK Telecom, Joby, Joby Aviation, Dubai International Airport, SAVI, Smart, Safety, Delta Air Lines, Investment, Airline

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240211538091/en/
    Joby’s electric air taxi on display at the World Governments Summit in Dubai.
  • RTA, Skyports and Joby have worked together to identify Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina and Dubai Downtown as the launch locations for Dubai’s air taxi service.
  • Media assets, including photos and footage of Joby’s aircraft, animations of anticipated Dubai air taxi routes and renders of Dubai skyport designs, are available here .

Joby Receives FAA Approval for Propulsion Certification Plan

Retrieved on: 
Vendredi, février 9, 2024
Software, EV, Electric Vehicles, Hardware, Alternative Vehicles, Fuels, General Automotive, Technology, Automotive, Engineering, Air, Transport, Aerospace, Manufacturing, Aircraft, Joby, Joby Aviation, Noise, Electronics, Aviation, Federal Aviation Administration, Safety, Multimedia, Certification

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the Federal Aviation Administration (“FAA”) has accepted its certification plan for Joby’s propulsion system, marking a critical step towards receiving type certification for the Company’s aircraft.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the Federal Aviation Administration (“FAA”) has accepted its certification plan for Joby’s propulsion system, marking a critical step towards receiving type certification for the Company’s aircraft.
  • Joby Aviation photo
    The propulsion system, designed by Joby, is central to the sector-leading performance of the Joby aircraft.
  • The accepted certification plan includes Joby’s electric propulsion unit, propeller system, variable pitch actuation, coolant pump, nacelles, and associated electrical wiring, clearly defining the route to certifying these systems for use in commercial passenger operations.
  • In 2023, Joby completed 30 for-credit tests with the FAA, covering a number of flight electronics units as well as structural materials.

Joby Receives Part 145 Maintenance Certificate from FAA

Retrieved on: 
Jeudi, février 8, 2024
Alternative Vehicles, Fuels, Other Transport, Technology, EV, Electric Vehicles, Automotive, Air, Transport, Drones, Aerospace, Manufacturing, Multimedia, Aviation, Noise, Joby, Aviation High School, Aircraft, MRO, Radio, Part, Student, Joby Aviation, Maintenance (technical)

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby’s electric air taxi service.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby’s electric air taxi service.
  • View the full release here: https://www.businesswire.com/news/home/20240208659126/en/
    Joby’s all-electric aircraft in flight above Marina, California.
  • Joby Aviation photo
    Joby is believed to be the first eVTOL developer to receive a Part 145 Certificate from the FAA, which will lay the foundation for Joby to perform maintenance, repair, and overhaul (MRO) services on its eVTOL aircraft once it is certified for commercial operations.
  • The certificate also allows Joby to provide paid on-the-job training to aspiring aircraft technicians.

Joby and Atlantic Aviation Collaborate to Electrify Infrastructure in New York and Southern California

Retrieved on: 
Mercredi, janvier 17, 2024
Alternative Vehicles, Fuels, Other Transport, EV, Electric Vehicles, Automotive, Air, Other Energy, Transport, Aerospace, Manufacturing, Energy, Noise, Aviation, Sustainability, Life, Multimedia, City, Joby Aviation, Partnership, Joby, JoeBen Bevirt, Downtown Manhattan Heliport, Aircraft, Macquarie Infrastructure Corporation, FBO, Growth, Airline

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it is collaborating with Atlantic Aviation to electrify existing aviation infrastructure in New York and Southern California, paving the way for the launch of Joby’s revolutionary air taxi service.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it is collaborating with Atlantic Aviation to electrify existing aviation infrastructure in New York and Southern California, paving the way for the launch of Joby’s revolutionary air taxi service.
  • View the full release here: https://www.businesswire.com/news/home/20240117374662/en/
    Joby’s all-electric aircraft in flight above New York City.
  • Joby Aviation Photo
    The collaboration between Joby and Atlantic, a leading provider of aviation services and infrastructure, will focus on activating key Atlantic sites to support quiet, emissions-free air taxis, including the installation of Joby’s Global Electric Aviation Charging System (GEACS).
  • Joby recently completed the first-ever flight of an electric air taxi in New York City, participating in an event held by the city’s leadership announcing their intent to electrify the iconic Downtown Manhattan Heliport.

Joby, ANA Holdings Partner with Nomura Real Estate Development for Vertiports in Japan

Retrieved on: 
Vendredi, décembre 8, 2023
Other Transport, Environment, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Air, Transport, Sustainability, Green Technology, Ministry, Aviation, ANA, Japan Civil Aviation Bureau, NYSE, Future Air Navigation System, Joby Aviation, HD, JCAB, Multimedia, NRE, Joby, Tokyo Bay, Conference, Federal Aviation Administration, Dallas CBD Vertiport, Tokyo Metropolitan Government, Certification, Noise, Airline

Joby Aviation, Inc. (NYSE:JOBY), a company developing an all-electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has partnered with ANA Holdings Inc. (“ANA HD”) and Nomura Real Estate Development Co. Ltd. (“NRE”), one of Japan’s largest real estate developers, on the development of take-off and landing infrastructure, known as vertiports, to support the commercialization of its electric air taxi service across Japan.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing an all-electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has partnered with ANA Holdings Inc. (“ANA HD”) and Nomura Real Estate Development Co. Ltd. (“NRE”), one of Japan’s largest real estate developers, on the development of take-off and landing infrastructure, known as vertiports, to support the commercialization of its electric air taxi service across Japan.
  • The partners will primarily focus on locations in the metropolitan areas such as Tokyo, expanding over time to include numerous urban areas across greater Japan.
  • Joby and ANA HD, Japan’s largest airline group holding company, first partnered in 2022 to bring electric air taxi services to Japan.
  • NRE, one of the largest real estate developers in Japan, joins Joby and ANA HD as they seek to develop air taxi services in Japan.