Significant Progress in Certification
Joby Aviation is 70% complete on Stage 4 of certification on the Joby side and more than 50% on the FAA side, with plans to begin TIA certification flights with FAA pilots early next year.
Strategic Acquisition of Blade
Joby acquired Blade's passenger business, accelerating readiness for commercial eVTOL operations globally, with significant infrastructure and customer base benefits.
Expansion in Manufacturing
Expansion of the Marina facility will double production capacity to 24 aircraft per year. The Dayton facility is coming online with a strategy to produce up to 500 aircraft annually.
Global Regulatory Momentum
The FAA, DOT, and international markets are collaborating to streamline regulatory processes, supporting Joby's operations in the U.S., Australia, New Zealand, Canada, and the U.K.
Defense Collaboration with L3 Harris
Joby is developing a hybrid variant of its aircraft for defense applications, with flight tests expected this fall and demonstrations with government customers in early 2026.
Strong Financial Position
Joby ended Q2 2025 with $991 million in cash and short-term investments, with strategic investments from Toyota and additional funds from its ATM facility.