Progress in Certification and Flight Testing
Joby Aviation completed 76 separate flights in July 2025 with four different aircraft in three locations, advancing to 70% completion on the Joby side and over 50% on the FAA side for Stage 4 certification.
Strategic Acquisitions and Partnerships
Joby announced the acquisition of Blade's passenger business and established new partnerships with ANA for over 100 aircraft, and Abdul Latif Jameel for up to 200 aircraft sales in Saudi Arabia.
Defense Opportunities with L3Harris
Joby is collaborating with L3Harris to develop a hybrid variant of their aircraft for defense, with a significant DoD budget of $9.4 billion earmarked for uncrewed and remotely operated aircraft in FY 2026.
Strong Financial Position
Joby ended Q2 2025 with $991 million in cash and short-term investments, securing a $250 million tranche from Toyota and an additional $41 million through their ATM facility.
Manufacturing and Production Expansion
Joby expanded their Marina facility, doubling production capacity, and commenced operations at their new Dayton facility, aiming for up to 500 aircraft per year.