Joby Aviation Reports Third Quarter 2021 Financial Results
November 11 2021 - 4:05PM
Business Wire
Joby Aviation (NYSE: JOBY), a California-based company
developing all-electric aircraft for commercial air taxi service,
has announced its financial results for third quarter 2021. Please
visit the Joby investor relations website
https://ir.jobyaviation.com/ to view the third quarter 2021
shareholder letter. Today the company will host a live audio
webcast of its conference call to discuss the results at 2:30 p.m.
PT (5:30 p.m. ET).
Additional Call Details:
What: Joby Third Quarter 2021 Earnings Conference Call
When: Thursday, November 11, 2021
Time: 2:30 p.m. PT (5:30 p.m. ET)
Webcast: Upcoming Events section of the company website
(www.jobyaviation.com)
Live Call: 1-877-407-3982 or 1-201-493-6780
A replay of the call will be available until midnight, Thursday,
November 25, 2021, by dialing 1-844-512-2921 or 1-412-317-6671 and
entering passcode 13723635.
About Joby Aviation
Joby Aviation, Inc. (NYSE: JOBY) is a California-based company
developing an all-electric vertical take-off and landing aircraft
which it intends to operate as part of a fast, quiet, and
convenient air taxi service beginning in 2024. The aircraft, which
has a maximum range of 150 miles on a single charge, can transport
a pilot and four passengers at speeds of up to 200 mph. It is
designed to help reduce urban congestion and accelerate the shift
to sustainable modes of transit. Founded in 2009, Joby employs
nearly 1,000 people, with offices in Santa Cruz, San Carlos, and
Marina, California, as well as Washington D.C. and Munich, Germany.
To learn more, visit www.jobyaviation.com.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the development and performance of Joby's
aircraft and anticipated commercialization date. You can identify
forward-looking statements by the fact that they do not relate
strictly to historical or current facts. These statements may
include words such as “anticipate”, “estimate”, “expect”,
“project”, “plan”, “intend”, “believe”, “may”, “will”, “should”,
“can have”, “likely” and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
operating or financial performance or other events. All
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including:
Joby’s limited operating history and history of losses; its ability
to launch its aerial ridesharing service and the growth of the
urban air mobility market generally; Joby’s plans to operate a
commercial passenger service beginning in 2024; the competitive
environment in which it operates; its future capital needs; its
ability to adequately protect and enforce its intellectual property
rights; its ability to effectively respond to evolving regulations
and standards relating to its aircraft; its reliance on third-party
suppliers and service partners; uncertainties related to Joby’s
estimates of the size of the market for its aircraft and future
revenue opportunities; and other important factors discussed in the
section titled “Risk Factors” in the Company’s Registration
Statement on Form S-1 (File No. 333-260608), filed with the
Securities and Exchange Commission (the “SEC”) on October 29, 2021,
and in other reports the Company files with or furnishes to the
SEC. Any such forward-looking statements represent management’s
estimates and beliefs as of the date of this press release. While
Joby may elect to update such forward-looking statements at some
point in the future, it disclaims any obligation to do so, even if
subsequent events cause its views to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20211111005972/en/
Investors: investors@jobyaviation.com +1-831-201-6006 Media:
press@jobyaviation.com
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