Certification ProgressJoby was the first eVTOL aircraft manufacturing company to complete Stage 1, 2 and 3 of FAA certification.
Financial StrengthJoby ended Q2/24 with a still-formidable war chest of ~$825M in cash, which we estimate could fund operations into mid-2026 at current burn rates.
Strategic PartnershipsJoby’s partnership with Toyota, the company’s largest external shareholder, is helping Joby to achieve its target LRIP build rates while also leading the formation of the manufacturing site in Dayton, Ohio.