Joby plans to launch its all-electric aircraft in 2024.Joby Aviation
Key Takeaways:
Joby Aviation has become the first U.S.-based eVTOL (electric vertical takeoff and landing) company to go public, listing on the NYSE through a $6.6 billion SPAC merger.
The company aims to launch an emissions-free air taxi ridesharing service by 2024, utilizing aircraft capable of transporting a pilot and four passengers at speeds up to 200 mph with a 150-mile range.
Joby is positioned as a leader in the eVTOL space, having recently achieved its 150-mile range target and secured strategic partnerships with major investors like Toyota (nearly $400 million) and Uber.
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.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
