Joby Aviation

Valuation $9B

About Joby Aviation

Joby Aviation is an aerospace transportation company developing electric aircrafts.
Headquarters Joby Aviation, Santa Cruz
Founded 2009-01-01
Industry Aerospace, Air Transportation, Electric Vehicle, Transportation
Last Funding Type Post Ipo Equity
Valuation 9
Total Funding $2.68 billion dollars
IPO Status Public

Financial

Joby Aviation received a $500 million investment from Toyota to support the certification and production of its eVTOL air taxi. The company completed its first international air taxi flight in Japan in collaboration with Toyota. Additionally, Joby Aviation applied to become the first certified electric air taxi operator in the UAE.

Joby Aviation is advancing electric aircraft technology, focusing on vertical takeoff and landing (VTOL) systems. They are developing fault-tolerant VTOL aircraft with redundant control surfaces and actuators, and exploring tilt rotor designs for enhanced maneuverability. Their research includes systems for dynamic determination and updating of skylanes for eVTOL routing, and methods for assigning aircraft to these skylanes. Additionally, they are working on robotic charging systems for efficient energy management. These efforts highlight Joby Aviation's commitment to innovative electric aircraft solutions.

Joby Aviation has received FAA authorization for its in-house software to support air taxi operations. The company also acquired Xwing's autonomy division to enhance its US defense contract capabilities. Additionally, Joby completed a 523-mile test flight of a hydrogen-powered air taxi, showcasing potential for emissions-free regional travel.
Funding Rounds 13
Number of Lead Investors 9
Total Funding Amount  $2.68 billion dollars
Number of Investors 26

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