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Stock impact report

Joby Completes First FAA Testing on Major Aircraft Aerostructure [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
SANTA CRUZ, Calif., December 17, 2024 BUSINESS WIRE )--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has completed a landmark series of major aerostructure tests for certification credit with the Federal Aviation Administration ("FAA"). Joby has successfully completed static load testing of the tail structure, marking the first time the Company has tested a major aerostructure of its aircraft for-credit with FAA representatives present. The tests took place in Santa Cruz, CA, as part of a rigorous testing campaign covering all of the structures, components, and systems on the aircraft, producing data that is required for FAA type certification of the aircraft. "Completing for-credit static load testing on a major aircraft structure marks an important step towards certification of the Joby aircraft and we're very pleased with the results. Reaching this milestone is the culmination of years of hard work Show less Read more
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