After 12 years of developing the eVTOL technology on August 11 Joby Aviation became the first eVTOL and the electric aviation company listed on NYSE (symbol: JOBY), the first U.S.-based eVTOL company to go public, the first electric aviation company listed through SPAC after the merger with the special purpose acquisition company Reinvent Technology Partners. , and the overall 2nd eVTOL company listed on the exchange market in the US after Ehang which listed on NASDAQ in December 2019.
Now with over 1.6 billions USD on the balance sheet after the IPO Joby is well funded for the ongoing type certification and serial production of the S4 five-seat eVTOL. Joby displayed a S4 prototype outside the NYSE building.
Joby Aviation was founded by Joeben Bevirt in 2009 and is a front runner of eVTOL certification with FAA.