Defense Sector ChallengesJoby's S4 eVTOL was not selected for the under-development hybrid VTOL program being spearheaded by defense prime Anduril and airframe partner.
Market And Adoption RisksRisks include dilution risk, market adoption risk, supply chain risk, technological risk, execution risk, regulatory risk, competition risk, reputation risk, partnership risks, and uncertainty related to macroeconomic conditions and geopolitical environment.