The propulsion system, designed by Joby, is central to the sector-leading performance of the Joby aircraft. The accepted certification plan includes Joby's electric propulsion unit, propeller system, variable pitch actuation, coolant pump, nacelles, and associated electrical wiring, clearly defining the route to certifying these systems for use in commercial passenger operations.
'We now have an approved path across our certification program for all of the structural, mechanical, and electrical systems of our aircraft. This sets the stage for our team to execute against that path with a well-defined approach to for-credit testing and analysis as we continue to lead the industry towards certifying an electric air taxi with the
'I'm grateful to the incredible Joby team as well as the dedicated personnel at the
The
With all but one certification plan accepted and the final document currently under
In 2023, Joby completed 30 for-credit tests with the
Joby also recently received its Part 145 Maintenance Certificate from the
Joby's electric air taxi is designed to carry a pilot and four passengers at speeds of up to 200 mph, offering high-speed mobility with a fraction of the noise produced by helicopters and zero operating emissions.
About Joby
Forward Looking Statements
This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft, our regulatory outlook, progress and timing; our business plan, objectives, goals and market opportunity. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as 'anticipate', 'estimate', 'expect', 'project', 'plan', 'intend', 'believe', 'may', 'will', 'should', 'can have', 'likely' and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our aerial ridesharing service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project, and our ability to launch our service; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities and other important factors discussed in the section titled 'Risk Factors' in our Annual Report on Form 10-K, filed with the
Contact:
Email: investors@jobyaviation.com
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