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Stock impact report

Where Will Joby Aviation Be in 10 Years? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Not only is the company developing a novel vertical take-off and landing vehicle, it's building an entirely new business model. A decade from now, this will either be a company that failed to get off the ground, or a disruptive force in transportation. Let's look at what the path forward looks like. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The company is nearing completion of its testing program and is on the way to launching a short-distance air taxi service in Dubai in 2025. Recent guidelines from the FAA also pave the way to rules for pilots, and the company has nearly completed three of five stages of testing, moving forward with testing and analysis right now. But until that testing is complete, this is still essentially a pre-revenue company. There are currently three production prototypes in operation, with another near completion, and to get an air taxi service going, the company will need to expand t Show less Read more
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