Joby Aviation Inc (JOBY) Earnings

Joby Aviation, Inc. is a transportation company, which engages in developing an all-electric, vertical take-off and landing aircraft that intends to operate as a commercial passenger aircraft. The company is headquartered in Santa Cruz, California and currently employs 2,029 full-time employees. The company went IPO on 2020-09-17. The Joby eVTOL is designed to transport a pilot and up to four passengers - or an expected payload of up to 1,000 pounds - at speeds of up to 200 miles per hour (mph). The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The firm plans to manufacture, own and operate its aircraft itself, building a vertically integrated transportation company that will deliver transportation services to customers, including government agencies such as the United States Air Force (USAF) through sales or contracted operations, and to individual end-users through a convenient app-based aerial ridesharing service. Its Global Electric Aviation Charging System is designed to support the operations of electric aircraft, including simultaneous charging of multiple battery packs, battery conditioning for ultra-fast charging, and others.