Published on: 2025-06-09 08:00:00
Joby Aviation has reached a tentative deal with investor and Saudi Arabian conglomerate Abdul Latif Jameel (ALJ) to distribute up to 200 electric aircraft valued at about $1 billion over the coming years. If finalized, the partnership could provide Joby with a fast path to monetizing its electric vertical takeoff and landing vehicles in Saudi Arabia. “A question that folks have asked is, how are you going to monetize, and how quickly is that going to happen?” Paul Sciarra, the executive chairm
Keywords: ai alj joby saudi techcrunch
Find related items on AmazonPublished on: 2025-06-17 00:01:39
Attendees view a Joby Aviation electric vertical takeoff and landing, or eVTOL, aircraft during an event at Edwards Air Force Base in Edwards, California, on Sept. 25, 2023. Joby Aviation shares jumped about 29% Wednesday after the maker of electric air taxis said it received $250 million from Toyota . The payment is part of a previously announced deal from the carmaker to invest $500 million in the company to support certification and commercial production of its electric air taxis. Toyota an
Keywords: air aviation electric joby toyota
Find related items on AmazonPublished on: 2025-06-17 12:37:44
Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Joby Aviation shares jumped 28% Wednesday after the maker of electric air taxis said it received $250 million from Toyota . The payment is part of a previously announced deal from the carmaker to invest $500
Keywords: air aviation electric joby toyota
Find related items on AmazonPublished on: 2025-06-18 04:45:43
Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Joby Aviation shares jumped 20% Wednesday after the maker of electric air taxis said it received $250 million from Toyota . The payment is part of a previously announced deal from the carmaker to invest $500
Keywords: air aviation electric joby toyota
Find related items on AmazonPublished on: 2025-08-02 08:40:46
The aspiring air taxi company Joby Aviation just completed a complicated in-air maneuver that puts the company’s futuristic-looking aircraft on the path toward Federal Aviation Administration (FAA) flight testing. Joby successfully flew one of its six-rotor aircraft from vertical hover to horizontal cruise flight and back again with a pilot onboard, showcasing the aircraft’s versatility in the air—a key value proposition of Joby’s sleek, electrically powered design. The test flight took place
Keywords: air aircraft company flight joby
Find related items on AmazonPublished on: 2025-10-14 02:01:00
is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Virgin Atlantic announced a partnership with California-based Joby Aviation to launch an air taxi service in the UK, becoming the latest airline to bet on a new class of electric aircraft vying to become taxis in the sky. Joby’s all-electric aircraft has six rotors and seats five, including the pilot. The vehicle can take
Keywords: air aircraft atlantic joby virgin
Find related items on AmazonPublished on: 2025-10-14 02:01:00
Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize. Joby, which went public in 2021 via special purpose acquisition merger, did not provide a timeline for when it plans to launch its partnership with Virgin in the U.K. A spokesperson for the company told TechCrunch it would come sometime after Joby launches in the UAE and the U.S. Joby hopes to begin market testing in Dubai l
Keywords: deal delta joby launch virgin
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