Joby plans to launch its all-electric aircraft in 2024.Joby Aviation
Key Takeaways:
Joby Aviation has become the first U.S.-based eVTOL company to go public, listing on the NYSE via a $6.6 billion reverse merger with a SPAC.
The company aims to launch an emissions-free air taxi ridesharing service by 2024, using aircraft capable of carrying a pilot and four passengers at speeds up to 200 mph with a 150-mile range.
Joby boasts strategic partnerships with major companies like Toyota (a nearly $400 million investor) and Uber, and recently achieved its 150-sm flight range target on a single charge.
Air taxi startup Joby Aviation has officially become the first U.S.-based eVTOL company to be publicly traded.
Founder and CEO JoeBen Bevirt was at the New York Stock Exchange on Wednesday to ring the bell, signaling a start of the day’s trading and the company’s launch into the stock market.
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