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Forget Joby Aviation: This Dividend Defense Stock Is a Smarter Play on Next-Gen Air Supremacy [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Lockheed Martin has already built, delivered, and sold 220 aircraft so far this year. 10 stocks we like better than Joby Aviation › Valued at $12.7 billion and with more than $930 million in cash, Joby Aviation (NYSE: JOBY) is hands-down the biggest air taxi company in the world -- that isn't actually flying air taxis yet. It's twice the size of its closest competition, smaller Archer Aviation , and miles ahead of tiny Vertical Aerospace and Lilium However, this isn't enough to make Joby Aviation stock a buy. Joby boasts that its S4 electric-powered, vertical takeoff and landing (eVTOL) aircraft is "the most mature eVTOL aircraft" on the market. Powered by six electric motors, the plane can reach speeds of 200 miles per hour (mph) and carry a pilot and four passengers. S4 has already flown miles during testing and has completed 3 out of 5 planned Federal Aviation Administration-defined stages for "type" certification, paving the way for commercial operations to begin. Joby Show less Read more
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