Joby Aviation

About Joby Aviation

Joby Aviation designs and operates the S4, a five-seat (one pilot plus four passengers) tilt-propeller aircraft built for short urban hops. The company is listed on the NYSE as JOBY, is headquartered in Santa Cruz, California, and builds aircraft at Marina, California, with a second line in Dayton, Ohio.

Joby flew its first FAA-conforming Type Inspection Authorization aircraft on 11 March 2026, entering Stage 5, the final stage of type certification and the furthest any US developer has reached. Independent trackers put the programme at roughly 85 percent complete against a mid-to-late 2026 target.

Commercially, Joby holds a six-year exclusivity agreement with Dubai’s Roads and Transport Authority and has built a vertiport at Dubai International, where it intends to carry its first paying passengers. Toyota has invested USD 894 million and supports manufacturing; Delta Air Lines is the launch airline partner for New York and Los Angeles. Joby held roughly USD 2.6 billion in cash following a February 2026 raise.