Type Inspection Authorization Milestone
Joby Aviation began power-on testing of the first aircraft built for Type Inspection Authorization (TIA), marking the final stage of the certification process. This is a significant indicator of Joby's progress towards achieving Type Certification.
International Operational Progress
Joby Aviation is making significant progress in Dubai, with aircraft cleared to fly at the Dubai Airshow by the General Civil Aviation Authority and the Dubai Civil Aviation Authority. The company plans to be operational in Dubai prior to FAA Type Certification.
Scaling Manufacturing Capacity
Joby has ramped up production significantly, producing 15 times more FAA-conforming parts in 2025 compared to 2024. The company has also begun production of propeller blades at its Dayton, Ohio facility.
Strategic Partnership with Toyota
Joby is working closely with Toyota to scale manufacturing, leveraging Toyota's expertise to meet increasing demand.
Financial Position Strengthened
Joby ended the quarter with approximately $978 million in cash and short-term investments, and added net proceeds of approximately $576 million in October, further strengthening its financial position.
Blade Acquisition and Revenue Growth
Joby acquired Blade, adding $14 million in revenue in Q3 2025, and Blade's operations are expanding market reach and service offerings.