Joby Aviation has increased its public offering to $300 million to fund certification, manufacturing efforts, and prepare for a commercial launch of air taxis by 2025.
The startup plans to launch eVTOL air taxis for urban transportation in major cities like New York and Los Angeles, along with partners Delta and Uber.
Before its air taxi services commence, Joby must complete the type certification to ensure safety and airworthiness of its aircraft, crucial for regulatory approval.
This public offering occurs after the FAA approved eVTOLs to share U.S. airspace with traditional aircraft, outlining guidelines for pilot training and operations.
Collection
[
|
...
]