The Latest Breaking News from Joby

As urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into "air taxis" that whisk them over clogged roads. Companies such as Archer, Joby and Wisk are working on electric-powered aircraft that take off and land vertically like helicopters then propel forward like planes.…

SAN FRANCISCO: As urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into "air taxis" that whisk them over clogged roads.

Joby Aviation Inc (NYSE:JOBY) reported fourth-quarter operating expenses of $77.19 million, an increase from $40.18 million in 4Q20. Net income improved to $5.05 million from a loss of $33.9 million a year ago. Joby’s cash used in operating activities totaled $195.75 million for FY21, compared to $105.9 million in FY20. Adjusted EBITDA…

Joby Aviation Inc (NYSE:JOBY) resumed flight testing of its second pre-production prototype aircraft at the pilot production facility in Marina, California. Joby’s internal safety review board lifted the pause on flight testing earlier this week, which it voluntarily enforced following an accident concerning the first pre-production prototype earlier this year. The aircraft first…

California-based eVTOL company Joby Aviation Inc (NYSE:JOBY) submitted its first area-specific certification plan to the Federal Aviation Administration (FAA), believed to be an industry first. The certification plan submitted focuses on cabin safety, comprising the integrity of materials, seats, and occupant restraints used in the aircraft's interior.  "With more than two thirds of our…

CAE Inc (NYSE:CAE) has agreed to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby Aviation Inc's (NYSE:JOBY) all-electric aircraft. CAE will work with Joby to develop pilot training devices specifically for electric vertical take-off and landing (eVTOL) aircraft. Joby is currently working with the Federal…

Joby Aviation Inc (NYSE: JOBY) is trading higher Tuesday after the company announced it's forming a partnership with ANA Holdings, Japan's largest airline, to bring air taxi services to Japan.

ANA Holdings Co. and U.S. mobility firm Joby Aviation announced Tuesday that they and Toyota Motor Corp. will start considering a business tie-up in the field of flying cars.

The company best known for its GorillaPod tripods just dropped five mics designed for content creators, streamers, podcasters, and anyone else who wants high-quality audio.