Joby Aviation (NYSE:JOBY) is a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft and an accompanying airborne ridesharing network. Founded in 2009 by CEO JoeBen Bevirt, the company aims to transform urban and regional mobility by offering fast, quiet and carbon-free air transportation. Joby’s all-electric aircraft is designed to operate with minimal noise, leveraging tilt-rotor technology to enable vertical takeoff and efficient forward flight.
The centerpiece of Joby’s product lineup is a five-passenger, pilot-led eVTOL vehicle capable of traveling up to 150 miles on a single charge at speeds approaching 200 mph. The aircraft features redundant battery packs, integrated flight-control software and a sleek aerodynamic design to maximize safety and energy efficiency. Joby has completed thousands of test flights, validated noise levels at London’s City Airport and initiated the Federal Aviation Administration’s (FAA) Part 23 certification process.
Beyond aircraft development, Joby is building an end-to-end aerial ridesharing service, focusing initially on U.S. markets and later expanding overseas. The company is collaborating with municipal authorities, airport operators and infrastructure partners to deploy vertiports and charging stations. Joby envisions seamless booking and dispatch through a mobile application, linking passengers to intra-city and regional corridors with minimal ground transit times.
Under the leadership of founder JoeBen Bevirt, Joby’s executive team draws on deep experience in aerospace, automotive engineering and technology innovation. Strategic investors include Toyota Motor Corporation, Intel Capital, JetBlue Ventures and Uber Elevate, all supporting Joby’s ambition to become a leading provider of commercial air mobility services worldwide.
