JOBY

1. Aircraft Development, Certification & Regulatory Compliance

Cluster Description

This cluster groups commitments related to the design, development, and certification of Joby’s eVTOL aircraft. It includes milestones on flight testing, FAA type certification, and associated regulatory approvals. More recent updates (e.g., from February 2025) override earlier milestones to reflect the latest progress in certification and testing.

Commitments

• Published 2025-02-27 – Develop and operate a piloted, all‑electric, vertical take-off and landing aircraft for urban transportation, targeting initial passenger operations in 2025/2026; certification milestones are integral to commercial service.
• Published 2025-02-26 – Begin TIA flight testing in the U.S. as a final step toward FAA certification, marking a significant progression from earlier certification stages.
• Published 2025-02-26 – Achieve record progress on stage four of FAA type certification, with detailed testing planned to further validate aircraft performance for commercial operations.
• Published 2024-12-20 – Initiate TIA flight testing and work toward completing the FAA type certification program, a commitment superseded by the more recent February 2025 updates.
• Published 2024-02-21 – Advance through multiple FAA certification stages (with documented for‑credit tests and propulsion certification plans), emphasizing safety and regulatory compliance as key enablers for commercial launch.

2. Manufacturing, Production Expansion & Vertical Integration

Cluster Description

This cluster consolidates commitments focused on scaling manufacturing capabilities, facility expansion, and implementing a vertically integrated business model. These initiatives are designed to ramp production to meet future demand and optimize operational efficiency.

Commitments

• Published 2025-02-27 – Build a vertically integrated transportation company that manufactures, owns, and operates eVTOL aircraft—emphasizing high aircraft utilization and operational control.
• Published 2025-02-26 – Expand manufacturing capacity at the Marina facility and begin operations at a new Ohio facility with plans to double annual production capacity.
• Published 2024-05-07 – Ramp up production with the roll-out of a second production prototype; plan to expand manufacturing facilities in Marina, CA, and acquire additional facilities (Dayton, OH) to meet a target of up to 500 aircraft per year.
• Published 2024-04-29 – Expand manufacturing facilities significantly (e.g., in Marina, California) to support scale-up, with plans to double current size and increase production capacity.
• Published 2024-03-05 – Acquire a Dayton International facility and commit up to $500 million for its development, aiming to create thousands of manufacturing jobs and boost production volumes.

3. International Market Expansion & Infrastructure Development

Cluster Description

This cluster brings together commitments aimed at expanding Joby’s commercial footprint internationally. It includes securing regulatory approvals, developing critical infrastructure like vertiports and charging stations, and establishing local operating entities (for instance, in Dubai and other key markets).

Commitments

• Published 2025-02-27 – Expand commercial operations internationally with agreements already in place in the U.K., Japan, and Dubai, reflecting a strategic focus on global market penetration.
• Published 2025-02-26 – Deliver an aircraft to Dubai and initiate passenger operations there, marking a key international milestone.
• Published 2024-11-12 – Construct the first Dubai vertiport, with plans for additional sites and integration within Dubai’s multimodal transport network—supporting exclusive market access for six years.
• Published 2024-02-11 – Launch air taxi services in the UAE by establishing local operations in Dubai, signing definitive agreements with Dubai regulators and partners to secure exclusive operational rights.
• Published 2024-01-08 & 2024-01-17 – Install electric air taxi chargers and apply for an Air Operator Certificate in the UAE, ensuring the necessary infrastructure and regulatory frameworks are in place for international service launch.

4. Strategic Partnerships, Investments & Financial Strength

Cluster Description

This cluster encompasses commitments related to securing financial resources, forging strategic partnerships, and strengthening Joby’s capital position. These initiatives are designed to support certification, manufacturing, market expansion, and long-term growth.

Commitments

• Published 2025-02-26 – Finalize strategic partnerships such as securing a $250 million investment tranche from Toyota, which underscores the commitment to enhance manufacturing capabilities.
• Published 2024-11-06 – Receive a total investment of $500 million from Toyota in two equal tranches; this partnership boosts production efficiency, reflecting continuous financial and strategic consolidation.
• Published 2024-10-25 & 2024-10-24 – Launch a public offering of common stock to generate gross proceeds (in excess of $200 million) for certification, manufacturing efforts, and general corporate purposes.
• Published 2024-10-02 – Secure an additional $500 million investment from Toyota, further highlighting robust long-term investor confidence in Joby’s business model and growth trajectory.

5. Technology Innovation, Autonomous Capabilities & Digital Integration

Cluster Description

This cluster captures commitments that drive research, development, and the integration of cutting-edge technologies—spanning autonomous flight, digital operations platforms, and alternative propulsion systems (including hydrogen-electric flight). Recent acquisitions and software developments underpin these efforts toward operational excellence and innovation.

Commitments

• Published 2025-02-27 – Increase investment in research and development for aircraft engineering and software development, laying the groundwork for next-generation aircraft and timely certification.
• Published 2024-08-26 – Demonstrate over 300 fully autonomous flights with ongoing development of autonomous technologies, underscoring the push toward advanced operational capabilities.
• Published 2024-06-20 – Launch ElevateOS software tools for managing air taxi operations, with real-time testing that integrates multimodal transportation services.
• Published 2024-08-06 – Develop hydrogen-electric aircraft technology intended for emissions-free regional travel, demonstrating commitment to innovative propulsion solutions.
• Published 2024-02-09 & 2024-02-08 – Acquire advanced autonomy capabilities (e.g., acquisition of Xwing’s autonomy division) and implement digital solutions (like GEACS) to enhance flight efficiency and operational integration.

6. Workforce Development, Training & Safety Initiatives

Cluster Description

Focused on cultivating the talent and skills necessary for a cutting-edge aviation operation, this cluster groups commitments related to pilot training, maintenance workforce development, and the implementation of robust safety systems. These initiatives are central to ensuring operational readiness and fostering a culture of safety.

Commitments

• Published 2025-02-27 – Recruit and retain essential talent for engineering, certification, and manufacturing operations, ensuring the workforce scales in step with operational targets.
• Published 2024-12-05 & 2024-12-03 – Implement comprehensive training programs (e.g., for U.S. Air Force pilots and maintenance personnel) and establish an FAA Part 141 Flight Academy along with a Safety Management System to enhance operational safety.
• Published 2024-06-08 – Develop career pipelines for aspiring eVTOL technicians through paid on‑the‑job training programs, reinforcing the company’s commitment to building local expertise.
• Published 2024-07-11 – Engage community organizations to foster pilot training initiatives, including free ground school and outreach to educate future talent, ensuring a steady pipeline of qualified professionals.

7. Defense Collaborations & Sustainable Aviation Initiatives

Cluster Description

This cluster includes commitments aimed at deepening collaborations with government and defense institutions as well as advancing sustainability in aviation. Efforts here range from securing DoD contracts and delivering aircraft for military training to pioneering clean, emissions‑free flight technologies.

Commitments

• Published 2025-02-27 – Pursue government contracts with the U.S. Department of Defense and other agencies, highlighting investments in defense applications and autonomous flight technologies.
• Published 2025-02-26 – Continue development and delivery of eVTOL aircraft for defense applications, demonstrating progress in fulfilling DoD requirements.
• Published 2024-03-19 & 2024-03-05 – Deliver aircraft to military bases (e.g., MacDill AFB) and train USAF pilots as part of existing DoD contracts, showcasing solid defense collaboration.
• Published 2024-07-11 & 2024-01-23 – Develop hydrogen‑electric flight capabilities and commit to clean, emissions‑free air taxi operations; these sustainability initiatives are integrated with defense and commercial strategies to reduce environmental impact.
• Published 2024-02-09 & 2024-01-23 – Engage in partnerships that emphasize sustainable aviation practices (e.g., electrification of aviation infrastructure and clean flight initiatives) to support Joby’s vision of greener skies.