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 take-off and landing) company to go public, listing on the NYSE through a $6.6 billion reverse merger with a SPAC.
The company's founder stated a vision for emissions-free flight to be part of everyday life, aiming to launch a commercial air ridesharing service by 2024.
Joby's aircraft is designed to transport a pilot and four passengers at speeds up to 200 mph with a 150-mile range, a milestone recently achieved in testing.
The startup has strategic partnerships with companies like Toyota and Uber and is focused on being the first to certification and commercialization in the eVTOL space.
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.
