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Stock impact report

Is Joby Aviation Stock a Buy? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
The same kind of disruption may be coming for the aviation market, led by Joby Aviation (NYSE: JOBY) and its electric aircraft. It's not a business without risks, given the nascent state of the industry, but Joby has the technology to be a major player in the market. The first step for Joby is building and testing aircraft that will be able to provide the air taxi service the company envisions. Three production prototype aircraft have been built and the certification plans are progressing. Just this week, the FAA released operational rules and pilot training requirements for what it calls "powered-lift aircraft" like Joby's. The UAE also certified Joby to be the first electric air taxi in the world, paving the way for a service to launch as early as next year. As these milestones pass, the company needs to ramp up production of aircraft to meet the potential increase in demand. As Joby gets closer to certification, the company is building out production capacity to scale the Show less Read more
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