Joby Aviation Q3 Results
Mediocre companies focus on potential…
…whereas great companies focus on results. Joby Aviation’s 3rd quarter results were what makes Joby the global leader in electric aerial ridesharing, and by our definition: GREAT.
Great Results
Acoustic Testing with NASA - Joby became the first company to fly an electric aircraft as part of NASA’s Nation Campaign, establishing a new low noise standard that nearly matches the rustling of leaves.
154 Mile Flight - Joby succeeded in establishing the longest ever eVTOL flight on a single charge: 154 miles.
Part 135 Air Carrier Certification - Joby began the process towards commercial revenue-generating passenger flights.
SPAC Merger - Joby is now traded on the New York Stock Exchange with RTP merger.
Financial Mojo - Joby exceeded SCW’s 3rd quarter financial expectations, with a $78.9M loss, yet $1.4B in cash and short-term investments.