
Joby Aviation, Inc. (JOBY)
Joby Aviation, Inc. is a California-based aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Established with the aim of transforming transportation, Joby designs innovative, quiet, and environmentally friendly aircraft intended to provide fast, efficient, and sustainable urban transportation services.
Company News
Joby Aviation has made strategic moves to accelerate its go-to-market plan, including integrating Blade services into Uber's app and participating in the White House's eVTOL Integration Pilot Program, potentially bringing commercial operations closer despite current stock consolidation.
Joby Aviation is a pre-revenue electric vertical takeoff and landing (eVTOL) aircraft developer targeting urban air mobility, with promising business development efforts and strategic partnerships, but facing significant financial challenges and regulatory hurdles.
Chinese eVTOL company EHang is positioning itself as a comprehensive Urban Air Mobility platform operator, with over 1,000 aircraft orders and production capabilities across multiple facilities, targeting international expansion with a cost-effective autonomous approach.
Blade Air Mobility's CFO Will Heyburn will present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference, discussing the company's air mobility platform focused on medical transportation and passenger services.
Archer Aviation's stock price continued its recovery this week after the company received another $55 million investment from Stellantis. The investment is in addition to previous funding, and Stellantis cited Archer's progress on its high-volume facility and testing events as reasons for the investment. However, Archer still faces challenges, including ongoing losses and competition from other eVTOL companies.