Joby Aviation's public offering of up to $200 million aims to support its eVTOL certification, prepare for a 2025 commercial launch, and general working capital.
With plans for urban air taxis in major cities, including partnerships with Delta and Uber, Joby is poised for significant growth in the eVTOL market.
The FAA's recent guidelines for eVTOLs to operate alongside traditional aircraft marks a pivotal step towards integrating these innovations into the aviation sector.
Joby's recent funding from Toyota indicates strong investor confidence and highlights the growing interest in urban aerial mobility solutions.
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