"Joby Aviation ( NYSE: JOBY) will report third-quarter 2025 earnings after the close today. The company's shares, up 135% in the past 6 months, have surged on growing optimism that its long-awaited eVTOL aircraft could enter commercial service within the next 18 months. Following an eventful second quarter marked by the acquisition of Blade's passenger operations, successful flight testing in Dubai, and rapid certification progress, the upcoming update will give investors a clearer picture of how soon "air taxis" might begin generating real revenue."
"Joby's CEO JoeBen Bevirt confirmed the company has completed roughly 70% of Stage 4 certification on the company side and over 50% on the FAA side, keeping it on track to begin Type Inspection Authorization (TIA) flight tests with FAA pilots early next year. The completion of Stage 5 would mark the final step before type certification, unlocking full-scale commercial operations."
Joby Aviation will report third-quarter 2025 earnings, with shares up 135% over six months on optimism its eVTOL could enter commercial service within 18 months. The company acquired Blade's passenger operations, completed flight testing in Dubai, and advanced certification. Roughly 70% of Stage 4 is complete on Joby's side and over 50% on the FAA side, keeping the company on track to begin TIA flight tests with FAA pilots early next year. Completion of Stage 5 would enable type certification and full commercial operations. The Blade deal provides vertiport access in New York and Southern Europe. A partnership with L3Harris aims to develop a hybrid turbine-electric defense variant with tests this fall and demonstrations in early 2026.
Read at 24/7 Wall St.
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