U.S. proposes rules to advance flying taxi operations [Reuters]
Joby Aviation, Inc. (JOBY)
Company Research
Source: Reuters
Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade. Electric vertical takeoff and landing aircraft (eVTOL) have been touted as flying taxis that could be the future of urban air mobility. The low-altitude urban air mobility aircraft has drawn intense interest around the world as numerous eVTOL companies have gone public. The FAA issued a proposal to update its air carrier definition to add "powered-lift" operations to regulations covering other commercial operations like airlines, charters and air tours. "This powered-lift definitions rule lays the foundation that will allow operators to use powered-lift aircraft," the agency said in a statement to Reuters. The FAA is separately developing a powered-lift operations rule for certifying pilots and operating requirements to fly eVTOLs. The agency expects to publish the proposal next summer. Acting FAA Administrator
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JOBY
News
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- Electric air taxis are nearing launch. Here's how to invest. [Yahoo! Finance]Yahoo! Finance
- What it's like learning to fly an electric air taxi [Yahoo! Finance]Yahoo! Finance
- Toyota's VC Arm Pours $300 Million In Funds Targeting AI And Green Tech Startups [Forbes]Forbes
- Toyota Puts $300 Million Into VC Funds for Climate, Science Startups [BNN Bloomberg (Canada)]BNN Bloomberg
JOBY
Earnings
- 2/21/24 - Beat
JOBY
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- JOBY's page on the SEC website