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Table of Contents
Joby
Created Wednesday 10 February 2021
See also: Aircraft
Articles
FAA Greenlights Joby's Air Taxi Service, but No One's Flying Yet
Joby Aviation has been cleared by the FAA to start up commercial “air-taxi” operations. But don't except to hail a flying ride tomorrow.
Lauren Leffer - 26 May 2022 2:15PM
Joby Aviation announced today that it has received the first of three required approvals from the Federal Aviation Administration (FAA). This new clearance would allow the company to operate its proposed, on-demand air taxi service commercially.
However, before that theoretical possibility materializes into 6-propellor, electric aircrafts regularly scooping you up from the street, Joby has a few more big regulatory hoops to jump through.
https://gizmodo.com/joby-aviation-air-taxi-flying-ride-share-faa-evtol-1848980811
Joby Aviation’s contract with US Air Force expands to include Marines
Rebecca Bellan - 5:00 AM PDT August 10, 2022
The United States Department of Defense is deepening its relationship with electric vertical take-off and landing (eVTOL) aircraft company Joby Aviation.
Joby said Wednesday that it is expanding its existing contract with the U.S. Air Force’s Agility Prime program, which is an initiative the Air Force launched in April 2020 to test, experiment and generally accelerate the development of eVTOL for cross commercial and military use.
Joby’s DoD contract will now include defense partnerships with the U.S. Marine Corps, which will test Joby’s eVTOLs in non-combat use cases like resupply, relocation of personnel and emergency medical response, according to Joby executive chairman Paul Sciarra.
Joby, Volocopter fly electric air taxis over New York City
Aria Alamalhodaei - 13 November 2023
Joby Aviation and Volocopter gave the public a vivid glimpse of what the future of aviation might look like this weekend, with both companies performing brief demonstration flights of their electric aircraft in New York City.
The demonstration flights were conducted during a press conference on Sunday, during which New York City Mayor Eric Adams announced that the city would electrify two of the three heliports located in Manhattan — Downtown Manhattan Heliport and East 34th Street. (The third heliport is privately owned.) Beta Technologies, which is also developing an electric aircraft, showed off its interoperable aircraft charging technology at the event.
The move is a huge win for so-called “electric vertical take-off and landing” (eVTOL) developers, who will likely need hefty public investment in order to get their commercial air taxi service off the ground by the middle of the decade. Some of this investment has already started to materialize: in September, Joby announced that it would site its new aircraft factory in Dayton, Ohio, in a deal sweetened by upwards of $325 million in state incentives and benefits.
https://techcrunch.com/2023/11/13/joby-volocopter-fly-electric-air-taxis-over-new-york-city/
Company
Investors
Joby launches $200M public offering ahead of 2025 commercial eVTOL release
Rebecca Bellan - 2:54 PM PDT October 24, 2024
Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing.
Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare for commercial launch in 2025, and for general working capital.
The eVTOL firm added that it intends to grant the underwriters a 30-day option to purchase an additional $30 million shares of its common stock.
Joby plans to launch air taxis for urban transportation next year in New York City and Los Angeles alongside partners Delta Air Lines and Uber, as well as in Dubai and Abu Dhabi. The startup also has a $55 million contract with the Department of Defense.
Before Joby can launch, it will need to complete its type certification process to ensure the design of its aircraft meets required safety and airworthiness standards.
Crash 2022
NTSB investigating Joby aircraft crash
Rebecca Bellan - 5:12 PM PST February 17, 2022
The National Transportation Safety Board is investigating the crash of a Joby Aviation experimental aircraft on Wednesday in Jolon, California.
The incident involved a prototype that was being remotely piloted during flight testing at Joby’s test base in California, according to regulatory filings. During the early testing phase of aircraft, the Federal Aviation Administration often requires aircraft to be unmanned for safety reasons.
There were no injuries in the crash, and the test was conducted in an uninhabited area, the company reported.