Joby Aviation (JOBY) announced plans to participate in the White House eVTOL Integration Pilot Program. The President’s recent executive order directs the Department of Transportation and Federal Aviation Administration to ensure that mature eVTOL aircraft can begin operations in select markets ahead of full FAA certification, a step in preparing for scaled commercial service.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JOBY:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Joby Aviation Seals $125M Blade Deal, Uber App Link Boosts Air Taxi Launch
- Morning Movers: Oracle powers market higher following ‘blowout’ Q1 results
- Joby Aviation to bring Blade services to Uber app
- Joby Aviation Stock (JOBY) Hits Turbulence as Reality Clashes with Sky-High Expectations