Joby Aviation, Inc.
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- Joby Aviation, Inc. (NYSE: JOBY) develops and manufactures all-electric vertical takeoff and landing (eVTOL) aircraft for commercial air taxi services; its flagship Joby S4 aircraft carries one pilot and four passengers at speeds up to 200 mph with a range of up to 100 miles on a single charge, optimized for urban air mobility with low noise and zero emissions. The company offers an app-based aerial ridesharing platform integrating with partners like Uber and Delta Air Lines for seamless booking and operations; it also provides flight services to the U.S. Department of Defense under contracts including a $131 million agreement for logistics missions. Founded in 2009 and headquartered in Santa Cruz, California, Joby Aviation operates manufacturing and R&D facilities in Santa Cruz, San Carlos, and Marina, California; Dayton, Ohio; Washington, D.C.; and Munich, Germany, targeting urban markets in the United States, Europe, Dubai, Japan, and South Korea with strategic partnerships including Toyota for production expertise, Delta for airport integrations, and ANA and Abdul Latif Jameel for international expansions. Recent developments include the August 2025 acquisition of Blade Air Mobility's passenger operations for up to $125 million to accelerate market entry in New York City, Europe, and Dubai with existing infrastructure; a partnership with L3Harris for a gas turbine hybrid eVTOL variant targeting defense missions; expansion of its Marina, California facility to double production capacity to 24 aircraft annually with added FAA certification, pilot training, and maintenance capabilities; and ramp-up of operations in Dayton, Ohio for component manufacturing toward 500 aircraft per year, alongside progress to 80% completion of FAA Type Certification Stage 4 as of mid-2025.
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