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Joby Aviation accelerates path to market with $55M DoD contract

Joby Aviation accelerates path to market with $55M DoD contract

a year ago
Anonymous $5YzO3NGzaX

https://techcrunch.com/2023/04/26/joby-aviation-accelerates-path-to-market-with-55m-dod-contract/

Electric vertical takeoff and landing (eVTOL) company Joby Aviation’s strategy for launching commercially in 2025 is becoming more clear.

The startup secured a $55 million contract from the U.S. Department of Defense Tuesday, a deal that will allow the company to put its aircraft into customers’ hands and start generating revenue before it has achieved Federal Aviation Administration (FAA) certification.