Joby

Joby partners with CAE for eVTOL aircraft pilot training

Retrieved on: 
Mercredi, mars 9, 2022

and MONTREAL, March 9, 2022 /PRNewswire/ - CAE (NYSE: CAE) (TSX: CAE) announced today that it has partnered with Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby's revolutionary all-electric aircraft.

Key Points: 
  • and MONTREAL, March 9, 2022 /PRNewswire/ - CAE (NYSE: CAE) (TSX: CAE) announced today that it has partnered with Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, to develop and qualify flight simulation training devices that will be used to train the future 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 specifically for the company's electric vertical take-off and landing (eVTOL) aircraft.
  • Joby intends to both manufacture and operate its aircraft, requiring the company to train a new generation of pilots.
  • "CAE has a sterling reputation for delivering excellent simulation and training solutions," said Bonny Simi, Head of Air Operations and People for Joby.

Joby Aviation to Report Fourth Quarter 2021 Results

Retrieved on: 
Jeudi, mars 3, 2022

Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it will release its fourth quarter 2021 earnings results after the market close on Thursday, March 24, 2022.

Key Points: 
  • Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it will release its fourth quarter 2021 earnings results after the market close on Thursday, March 24, 2022.
  • Management will discuss the results on a conference call at 5:00 pm ET on Thursday, March 24, 2022.
  • Joby Aviation, Inc. (NYSE: JOBY) is a California-headquartered transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024.
  • Forward-looking statements give Jobys current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business.

CEOs of UPST, ENTEF, JOBY and XTMIF Discuss Next Megatrends in Electric Aviation, Fintech, AI, and E-Sports

Retrieved on: 
Mercredi, février 16, 2022

Todays emerging technologies and lifestyle megatrends are unleashing trillion dollar market opportunities for disruptive innovation in how we live, work and play.

Key Points: 
  • Todays emerging technologies and lifestyle megatrends are unleashing trillion dollar market opportunities for disruptive innovation in how we live, work and play.
  • And we want to ensure that opportunity and mobility are available to all Americans...2021 was a remarkable year for Upstart.
  • We grew revenue from $233 million in 2020 to $849 million in 2021, while generating net income of $137 million.
  • We believe in our core that AI lending isn't a one-category phenomenon, but will eventually transform virtually all flavors of credit.

Joby Begins First Conformity Testing, Enters Next Phase of Certification Process

Retrieved on: 
Jeudi, février 10, 2022

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The start of conformity testing is a significant moment for Joby as the Companys aircraft type certification program enters the implementation phase for the first time.
  • The resulting compliance data will form the foundation for future testing of structural components of the aircraft as Joby progresses through the type certification process.
  • Each system and structure of the Joby aircraft will enter the implementation phase and begin conformity testing following completion and approval of requirements definition and compliance planning.
  • After years of development and company testing, were excited to formally begin the process of conformity testing, said JoeBen Bevirt, founder and CEO of Joby.

SKT and Joby Join Forces to Bring Air Taxi Service to South Korea

Retrieved on: 
Dimanche, février 6, 2022

SKT has been promoting the development of urban air mobility by leveraging its expertise in telecommunications, autonomous driving, precise positioning, and security to become a leading company in connected intelligence.

Key Points: 
  • SKT has been promoting the development of urban air mobility by leveraging its expertise in telecommunications, autonomous driving, precise positioning, and security to become a leading company in connected intelligence.
  • As a member of the UAM Team Korea, SKT is also working together with other major Korean companies to enhance the nations competitiveness in the field.
  • UT was established as a joint venture between SKT and Uber in 2021, bringing together SKs T Map platform and Ubers ride sharing technology.
  • SK Telecom (NYSE:SKM) is Koreas leading ICT company, driving innovations in fixed & wireless telecommunications, AI service, and digital infrastructure service.

Joby Increases Flight Test Capacity in Support of FAA Certification Goal

Retrieved on: 
Jeudi, janvier 6, 2022

As planned, the second aircraft will significantly accelerate Jobys capacity for flight testing in 2022, further supporting the Companys ambition to certify its aircraft with the Federal Aviation Administration (FAA) in time to launch commercial operations in 2024.

Key Points: 
  • As planned, the second aircraft will significantly accelerate Jobys capacity for flight testing in 2022, further supporting the Companys ambition to certify its aircraft with the Federal Aviation Administration (FAA) in time to launch commercial operations in 2024.
  • Commenting on the milestone, JoeBen Bevirt, founder and CEO of Joby, said: Our 2021 flight test program delivered a wealth of information and experience to support our program.
  • US Air Force airworthiness was received just six days after the FAA special airworthiness certification was granted.
  • In 2020, Joby became the first and only eVTOL company to sign a G-1 (stage 4) certification basis with the FAA, having received an initial (stage 2) signed G-1 from the FAA in 2019.

Joby Completes Acquisition of Radar Developer Inras GmbH

Retrieved on: 
Mardi, décembre 21, 2021

Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its acquisition of Inras GmbH, a leader in radar system design based in Linz, Austria.

Key Points: 
  • Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its acquisition of Inras GmbH, a leader in radar system design based in Linz, Austria.
  • View the full release here: https://www.businesswire.com/news/home/20211221005759/en/
    Linz, Austria-based radar systems developer Inras joins Joby to support the development of purpose-built radar systems for onboard sensing and navigation.
  • Jobys acquisition of Inras is emblematic of the Companys strategy to maintain leadership in key advanced technologies by seeking out proven leaders in their field wherever they are in the world.
  • We have been continually impressed with Inras since we began working with them to develop custom radar systems for our aircraft, said JoeBen Bevirt, Founder and CEO of Joby.

Avionyx Lands Electric Air Taxi Contract, Set for Hiring Boom

Retrieved on: 
Mercredi, novembre 17, 2021

Avionyx will work with Joby to ensure all software running on the aircraft meets its requirements and is compliant with the required industry standards, as subject to FAA oversight and approval.

Key Points: 
  • Avionyx will work with Joby to ensure all software running on the aircraft meets its requirements and is compliant with the required industry standards, as subject to FAA oversight and approval.
  • Commenting on the partnership, Larry Allgood, CEO of Avionyx, said: Were honored and thrilled to be selected by Joby to assist with the verification of flight software across numerous aircraft systems.
  • They are clear leaders in this exciting new industry and were excited to be working with them.
  • Our business and team are rapidly growing, and we need embedded software engineers with experience developing and testing flight software.

Joby Aviation to Report Third Quarter 2021 Results

Retrieved on: 
Mardi, octobre 26, 2021

Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it will release its third quarter 2021 earnings results after the market close on Thursday, November 11, 2021.

Key Points: 
  • Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it will release its third quarter 2021 earnings results after the market close on Thursday, November 11, 2021.
  • Management will discuss the results on a conference call at 2:30pm PT (5:30pm ET) on Thursday, November 11, 2021.
  • A replay of the call will be available until midnight, Thursday, November 25, 2021, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13723635.
  • Joby Aviation, Inc. (NYSE: JOBY) is a California-based company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024.

Vertical hires renowned test pilot as it enters next phase of development

Retrieved on: 
Lundi, octobre 4, 2021

Paines has an unrivalled understanding of the technical aspects of developing and piloting ground-breaking V/STOL (vertical and/or short take-off and landing) aircraft.

Key Points: 
  • Paines has an unrivalled understanding of the technical aspects of developing and piloting ground-breaking V/STOL (vertical and/or short take-off and landing) aircraft.
  • While a test pilot in the RAF he pioneered development and flight test of a revolutionary V/STOL vehicle control system which affords increased safety, improved vehicle performance, and reduced pilot workload and training cost.
  • His career as a test pilot focused on V/STOL flight control research and development.
  • Justin has served as chief instructor at the Empire Test Pilots' School, carried out custom flight test services and from 2018 to 2021 was Chief Test Pilot at Joby Aviation, conducting intensive flight test of the Joby S4 eVTOL.