Joby forecasts $500m-plus spend in 2025

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Yves Le Marquand

27 Feb 25

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Joby Aviation is set to spend equivalent to Toyota’s incoming $500m investment as it forecasts 2025 outgoings as high as $540m, highlighting the costs of…

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Joby’s aircraft undergoes major FAA aerostructure tests

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Yves Le Marquand

17 Dec 24

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Joby Aviation has completed a series of major aerostructure tests for certification credit with the FAA. The company reported successfully completing static load testing of…

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Joby Aviation CFO resigns

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Fayaz Hussain

4 Dec 24

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California-based electric aircraft developer Joby Aviation announced that Matthew Field, the company’s chief financial officer, will be resigning effective December 13, 2024. Following Field’s departure,…

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Joby reports $143.3m loss in Q3 2024, strengthens liquidity

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Fayaz Hussain

7 Nov 24

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Joby reported a net loss of $143.3m in the third quarter of 2024 compared with a profit of $1.5m in the prior year period. The…

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Joby and Toyota demonstrate eVTOL in Japan

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Yves Le Marquand

4 Nov 24

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Joby Aviation has demonstrated its eVTOL aircraft in Japan alongside its strategic partner Toyota Motor Corporation.  The flight was conducted on November 2nd against the…

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Eve Air Mobility secures $50m loan from Citi

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Fayaz Hussain

30 Oct 24

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Eve Air Mobility announced it has secured a $50m loan from Citibank to further its aircraft research and development programme. This additional funding, coupled with…

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Joby Aviation prices public offering at $202m

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Fayaz Hussain

25 Oct 24

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Electric air taxi developer Joby Aviation announced that it has successfully priced its public offering of 40m shares of common stock at $5.05 per share.…

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Atlantic to begin installing aircraft chargers at NYC’s East 34th Street Heliport

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Yves Le Marquand

18 Oct 24

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Atlantic Aviation is set to begin installing charging stations for eVTOL aircraft at East 34th Street Heliport in New York. The project will see Atlantic…

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Toyota to invest further $500m in Joby

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Yves Le Marquand

2 Oct 24

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Toyota will invest an additional $500m in Joby, bringing total investment from the auto giant to $894m. The investment will be made in the form…

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Joby initiates UAE air operator certification

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Yves Le Marquand

10 Sep 24

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Joby Aviation has begun its Air Operator Certificate application in the United Arab Emirates (UAE). The move positions Joby to potentially become the first certified air…

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Joby posts $123m loss in second quarter

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Fayaz Hussain

8 Aug 24

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Joby Aviation reported a loss of $123m for the second quarter of 2024 owing to higher research and development expenses and lower revaluation of securities. …

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Joby applies to type certify in Australia

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Yves Le Marquand

6 Aug 24

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Joby Aviation has formally applied for type certification of its eVTOL aircraft in Australia. Built upon a bi-lateral agreement between the FAA and Australia’s Civil…

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Joby completes hydrogen-electric test flight

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Yves Le Marquand

12 Jul 24

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  With water as the only by-product, Joby has flown its hydrogen-electric demonstrator 523 miles.  The landmark test flight, which Joby believes to be the…

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Joby posts $94.6m loss in first quarter

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Fayaz Hussain

8 May 24

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Joby Aviation reported a smaller net loss of $94.6m in the first quarter of 2024 compared to $113.4m in the same period last year, according…

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Joby completes pre-production flight testing, focus moves to for-credit tests

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Yves Le Marquand

3 May 24

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Joby Aviation has completed its pre-production flight test programme and is now moving on to the next phase of flight tests. The Californian OEM will…

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