SpaceX-Backed Flying Car Startup Gets FAA Nod [zero hedge]
Joby Aviation, Inc. (JOBY)
Company Research
Source: zero hedge
SpaceX-Backed Flying Car Startup Gets FAA Nod Authored by Felicity Bradstock via OilPrice.com, Alef Aeronautics, based in San Mateo, California, has seen an impressive number of pre-orders for its two-seater eVTOL vehicle, Model A, with plans to develop a four-seater sedan, Model Z, by 2035. The company has received a Special Airworthiness Certificate from the FAA for its Model A, highlighting its innovative design and potential for commercial viability in personal and urban mobility. Competitors like Joby Aviation and Lilium are also advancing in the eVTOL market, focusing on flying taxis and partnerships to facilitate urban air mobility, indicating a growing industry trend towards airborne personal transport. Pre-orders for a “flying car” have soared in recent months leading industry experts to question how close we are to small passenger vehicle flight. Alef Aeronautics, a company backed by Space-X, specialising in the production of flying cars, has achieved 2,850 pre-orders for it
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JOBY
News
- Joby Progresses to Next Phase of Aircraft Flight Test ProgramBusiness Wire
- Joby's California expansion does not ground Dayton manufacturing plans, company says [Yahoo! Finance]Yahoo! Finance
- Joby Expands California Manufacturing Facility, Rolls Second Aircraft Off Production Line [Yahoo! Finance]Yahoo! Finance
- Joby Expands California Manufacturing Facility, Rolls Second Aircraft Off Production LineBusiness Wire
- Earnings drive Vertiv to top industrial gainer of week, trucking stocks among losers [Seeking Alpha]Seeking Alpha
JOBY
Earnings
- 2/21/24 - Beat
JOBY
Sec Filings
- 5/1/24 - Form 4
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- JOBY's page on the SEC website