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Country
US
Industry
Industrials
Market Cap
Mid Cap
Num. Employees
1422
IPO Date
Sep 17, 2020
Country
US
Industry
Industrials
Joby Aviation, Inc. is a transportation company developing an all-electric, vertical take-off and landing aircraft that it intends to operate as a commercial passenger aircraft beginning in 2024. The company is headquartered in Santa Cruz, California and currently employs 1,422 full-time employees. The company went IPO on 2020-09-17. The firm is developing an all-electric vertical take-off and landing (eVTOL) aircraft to be used by the Company to deliver passenger and freight air transportation as a service. The firm is engaged in designing and testing a piloted all-electric aircraft, which can take off and land vertically, while cruising like a traditional airplane. The aircraft is quiet when taking off, near silent when flying overhead and is designed to transport a pilot and four passengers at speeds of up to approximately 200 miles per hour with a maximum range of approximately 150 miles on a single charge. The firm focuses on operating its aircraft on journeys ranging from 5 to 150 miles between cities and their surrounding areas. The company intends to deploy eVTOL aircraft in local aerial ridesharing networks in cities around the world. The company also plans to develop an application-based platform that permits consumers to directly book rides through its service.
Sources
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Yahoo
52.17%
Finnhub
26.09%
SeekingAlpha
8.7%
Others
13.04%
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Today
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Bearish
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Recent Mentions
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