Joby Aviation
American aerospace company developing an all-electric vertical takeoff and landing (eVTOL) air taxi for commercial passenger service.
- CEO / Founder
- JoeBen Bevirt
- Team Size
- 1001-5000
- Stage
- Public
- Total Funding
- $2.6B
- Latest Round
- Post-IPO
- Key Investors
- Toyota Motor Corporation; Delta Air Lines; Uber; Baillie Gifford; The Baupost Group; BlackRock; Fidelity Management & Research LLC; Capricorn Investment Group; Sparx Group; Reinvent Technology Partners (Reid Hoffman, Mark Pincus)
Technology & Products
Key Products
Joby S4 eVTOL Aircraft (1 pilot + 4 passengers, 200 mph top speed, 150+ mile range); Hydrogen-electric demonstrator (523+ mile range); Joby mobile app for end-to-end trip booking; Vertiport infrastructure integration.
Technological Advantage
Six tilting electric propellers for VTOL + efficient cruise; 200 mph top speed; 45dBA noise at cruise; zero operating emissions; triple-redundant flight computer; four independent battery packs; proprietary simulation tools; Toyota Production System expertise for manufacturing.
Differentiation
Value Proposition
All-electric air taxi service offering fast, quiet, zero-emission urban air mobility with seamless door-to-door travel via a mobile app, coordinated with ground rideshare.
How They Differentiate
Strategic relationship with Toyota (manufacturing expertise + $894M investment); vertically integrated manufacturing; 50,000+ miles of flight testing; first eVTOL to fly in NYC; hydrogen-electric range extension capability.
Market & Competition
Target Customers
Urban commuters, airport travelers, and premium passengers seeking to bypass ground traffic congestion in major metropolitan areas.
Industry Verticals
Advanced Air Mobility (AAM); Urban Air Mobility (UAM); Air Taxi / Rideshare; Airport Connectivity; Defense (U.S. Air Force)
Competitors
Archer Aviation (Archer Midnight); Beta Technologies (ALIA-250); EHang (EH216)
Growth & Milestones
Growth Metrics
Public company (NYSE: JOBY); Market cap ~$9.8B (June 2026); 2,500+ employees; 50,000+ miles flown across fleet; 2,600+ flights; 15+ locations worldwide; Revenue (TTM) ~$77.7M
Major Milestones
2009: Founded; 2017: First full-scale demonstrator flight; 2020: Toyota-led $620M Series C; 2021: Listed on NYSE via SPAC ($1.6B); 2022: Received FAA Part 135 Air Carrier Certificate; 2022: Delta Air Lines partnership; 2023: First eVTOL flight in NYC; 2023: Delivered first aircraft to Edwards AFB; 2024: Hydrogen-electric 523-mile flight; 2024: Toyota additional $500M investment; 2025: Acquired Blade Air Mobility's passenger business; 2025: Surpassed 50,000 miles flown
Notable Customers
U.S. Air Force (Edwards Air Force Base — first eVTOL delivery under $131M contract); NASA (Advanced Air Mobility National Campaign); Delta Air Lines (strategic partnership for airport shuttle)