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Sep 30, 2023
Joby Aviation Q3 2023 Earnings Report
Joby Aviation reported Q3 2023 results, highlighting certification progress, first delivery to the U.S. Air Force, pilot-on-board flight tests, and selection of Dayton, OH for its first scaled manufacturing facility.
Key Takeaways
Joby Aviation reported its Q3 2023 results, achieving significant milestones including nearing completion of stage three certification, delivering the first electric air taxi to the U.S. Air Force, expanding flight tests with pilots on board, and selecting Dayton, OH for its first scaled manufacturing facility. The company ended the quarter with $1.1 billion in cash and short-term investments.
Stage three certification nearing completion with 84% of Certification Plans accepted by FAA.
Delivered the first electric air taxi to the U.S. Air Force ahead of schedule.
Expanded flight test program to include flights with a pilot on board.
Selected Dayton, OH as the site for the first scaled manufacturing facility.