Joby Aviation Announces Paul Rinaldi as Latest Member of Advisory Board
December 02 2021 - 8:31AM
Business Wire
- Longest-serving president of US Air Traffic Control association
NATCA
- Rinaldi joins former FAA acting administrator Dan Elwell on the
Advisory Board
Joby Aviation (NYSE: JOBY), a California-based company
developing all-electric vertical take-off and landing (eVTOL)
aircraft for commercial passenger service, today announced the
appointment of Paul Rinaldi, former President of the National Air
Traffic Controllers’ Association (NATCA), to its Advisory
Board.
Rinaldi was president of NATCA from 2009-2021, the
longest-serving elected leader in the organization’s history.
During his tenure, Rinaldi worked extensively with the Federal
Aviation Administration (FAA) to improve airspace safety. Prior to
assuming leadership positions at NATCA, Rinaldi worked for 15 years
as an air traffic controller at Washington-Dulles Tower (IAD).
Rinaldi’s work to improve airspace safety and deep relationships
with airspace management stakeholders — including as Vice President
of the Global Air Traffic Controllers Alliance — will prove
invaluable to Joby’s success as a commercial operator.
Rinaldi joins Joby as the Company focuses on receiving FAA
certification for its aircraft, launching scaled manufacturing, and
laying the groundwork for planned initial passenger operations in
2024. As a member of the Advisory Board, Rinaldi will support and
advise Joby on the steps necessary to safely integrate flights into
the National Airspace System.
“Paul knows what it takes to ensure the continued safety and
efficiency of the airspace and air traffic management system,” said
JoeBen Bevirt, Founder and CEO of Joby. “His expertise will be so
valuable as we work toward making fast and clean everyday flight a
reality with our aircraft.”
Commenting on his appointment, Rinaldi added: “I have had the
privilege of working closely with air traffic controllers’ unions,
the FAA, and many other stakeholders to maintain the safety of our
airspace, and I look forward to continuing that mission with Joby
to shape and integrate an entirely new form of air transportation.
JoeBen and his team have designed a revolutionary aircraft, and I
believe they will completely change the way we think about flight
in the decades to come.”
During his tenure as president of NATCA, Rinaldi held positions
on the FAA’s Management Advisory Council (MAC) and NextGen Advisory
Committee (NAC).
In March, Joby announced Dan Elwell, former Acting Administrator
of the FAA, as the first member of its Advisory Board. Elwell
recently participated alongside Joby’s management team in a
presentation regarding the Company’s path to aircraft
certification, which can be viewed at ir.jobyaviation.com.
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
approximately 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 Joby's intentions and plans.
Forward-looking statements give Joby’s current expectations and
projections relating to our financial condition, results of
operations, plans, objectives, future performance and business. 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 from those that
we expected, 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 a 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
its Registration Statement on Form S-1 (File No. 333-260608) filed
with the Securities and Exchange Commission 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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