Record Progress on Certification
Joby Aviation accelerated its certification process by 12 percentage points on the FAA side, moving Joby's side to 62% complete.
Successful Pilot-On-Board Transition
Joby achieved a significant milestone by flying through transition with a pilot-on-board, marking it as the first eVTOL company to do so.
Partnership with Virgin Atlantic
Joby announced a partnership with Virgin Atlantic to bring their service to the UK, starting with routes from London Heathrow and Manchester.
FAA Conforming Aircraft Progress
Joby is on track to have FAA conforming aircraft in the air later this year, in preparation for TIA flight testing.
Cash Position and Investment
Joby ended the quarter with $813 million in cash and short-term investments, with additional expected funding from Toyota.