Joby Launch 2025: New York and LA to open airspace for air taxi program

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Joby to launch air taxis for urban transportation in New York City and Los Angeles alongside partners Delta Air Lines and Uber; Toyota injects 500 million.

"Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing.

Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare for commercial launch in 2025, and for general working capital."

Full Article

https://techcrunch.com/2024/10/24/joby-launches-200m-public-offering-ahead-of-2025-commercial-evtol-release/

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