Joby Aviation, Inc.
JOBYJoby 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
Archer Aviation, an electric vertical takeoff and landing (eVTOL) startup, is working to commercialize air taxi technology with a $6 billion order backlog and partnerships with major companies, but faces challenges in obtaining FAA certification and managing cash burn.
The Trump Administration is signaling increased support for robotics development, with Commerce Secretary Howard Lutnick meeting industry CEOs and planning an executive order, which sparked significant movement in robotics and autonomous vehicle stocks.
U.S. stock futures rose on Wednesday after Tuesday's declines, with market attention focused on potential Federal Reserve interest rate cuts and various company-specific developments in technology, defense, and aviation sectors.
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, in...
