Financials

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth----134 %--
EBITDA0000000000000000000000000000
% EBITDA margin---(34421 %)(16620 %)-(180 %)
Profit0000000000000000000000000000
% profit margin---(49714 %)(21427 %)-(418 %)
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue---35567 %---
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DateInvestorsAmountRound
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-58.2x EV/LTM EBITDA

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-58.2x EV/LTM EBITDA

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-31.0x EV/LTM EBITDA

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$9.8m

Grant
Total Funding000k

Recent News about Joby Aviation

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Joby Aviation is a pioneering company in the electric vertical takeoff and landing (eVTOL) aircraft industry. The company focuses on developing and commercializing electric aircraft that can take off and land vertically, much like a helicopter, but with the efficiency and speed of an airplane. Joby's primary market includes urban air mobility, where it aims to offer a faster, cleaner, and smarter way to transport people within and between cities.

Joby serves a diverse range of clients, including individual commuters, business travelers, and potentially even logistics companies. The company operates in the burgeoning eVTOL market, which is expected to revolutionize urban transportation by reducing travel times and minimizing environmental impact.

The business model of Joby Aviation revolves around providing aerial ridesharing services. This model is similar to traditional ridesharing but takes to the skies, offering customers the convenience of booking flights through an app. Joby plans to generate revenue by charging passengers for these air taxi services, much like how ride-hailing companies charge for car rides.

Joby has made significant strides in ensuring the safety and viability of its aircraft. With over 1,000 test flights completed and ongoing collaboration with the Federal Aviation Administration (FAA) for certification, the company is well-positioned to meet stringent safety standards. Additionally, Joby has partnered with ANA Holdings, Japan's largest airline, to introduce air taxi services in Japan, potentially reducing travel times significantly in congested urban areas.

One of Joby's standout features is its aircraft's low noise footprint, confirmed by NASA testing. This makes it suitable for urban environments where noise pollution is a concern. The aircraft's design and electric propulsion system contribute to a quieter and more environmentally friendly mode of transportation.

In summary, Joby Aviation is at the forefront of the eVTOL industry, aiming to transform urban mobility with its innovative electric aircraft. The company targets urban commuters and business travelers, operates in the urban air mobility market, and makes money through an aerial ridesharing business model.

Keywords: eVTOL, urban air mobility, electric aircraft, aerial ridesharing, low noise, FAA certification, ANA partnership, green transportation, urban commuters, innovative aviation.

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Investments by Joby Aviation

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H2FLY
ACQUISITION by Joby Aviation Apr 2021
Uber Elevate
ACQUISITION by Joby Aviation Dec 2020
Avionyx
ACQUISITION by Joby Aviation May 2022