Jetsons-like travel in air taxis is 'as close as we've seen,' Joby exec says [Yahoo! Finance]
Joby Aviation, Inc. (JOBY)
Company Research
Source: Yahoo! Finance
It sounds like something from the Jetsons , but according to air taxi companies like Joby Aviation ( JOBY ), it could be a reality by next year. With $400 million in backing from Toyota ( TM ) and $60 million from Delta ( DAL ), Joby is hoping to win the race to get air taxis — more formally referred to as electric vertical takeoff and landing vehicles (eVTOLs) — to market. EVTOLs are not simply a new type of chopper. They are 100% electric, just like an electric vehicle or a drone, and are designed to hold multiple passengers and luggage. “This is as close as we've seen, I think, in terms of the technology coming together to make something that you could use on a daily basis,” said Eric Allison, Joby's chief product officer. But first, air taxis need regulatory approval. A representative from the Federal Aviation Administration told Yahoo Finance while 2025 could be a launch year for flight, 2028 is a more realistic date for a competitive, scaled air taxi market in at least
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JOBY
News
- Earnings drive Vertiv to top industrial gainer of week, trucking stocks among losers [Seeking Alpha]Seeking Alpha
- Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem [Yahoo! Finance]Yahoo! Finance
- Joby Partners with Abu Dhabi to Establish Electric Air Taxi EcosystemBusiness Wire
- Career centers get $300M from Ohio as enrollment booms [Yahoo! Finance]Yahoo! Finance
- Joby Aviation to Report First Quarter 2024 Financial ResultsBusiness Wire
JOBY
Earnings
- 2/21/24 - Beat
JOBY
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- JOBY's page on the SEC website