Joby Increases Flight Test Capacity in Support of FAA Certification Goal
January 06 2022 - 8:00AM
Business Wire
- Joby adds second pre-production prototype aircraft to
accelerate flight testing in 2022
- Second aircraft received FAA Special Airworthiness Certificate
and US Air Force airworthiness approval in December 2021
- US Air Force approval was granted just six days after FAA
approval
Joby Aviation Inc. (NYSE:JOBY), a California-based company
developing all-electric aircraft for commercial passenger service,
today confirmed it received FAA Special Airworthiness Certification
and US Air Force Airworthiness Approval for a second pre-production
prototype aircraft in December 2021, as expected.
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the full release here:
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Joby's second pre-production prototype at
the company's hangar in Marina, California (Photo: Business
Wire)
The first pre-production prototype generated 65 terabytes of
test data in 2021, flying more than 5,300 miles, including what is
believed to be the longest flight of an eVTOL aircraft to date, at
154.6 miles on a single charge.
As planned, the second aircraft will significantly accelerate
Joby’s capacity for flight testing in 2022, further supporting the
Company’s ambition to certify its aircraft with the Federal
Aviation Administration (“FAA”) in time to launch commercial
operations in 2024. The aircraft is expected to begin flying later
this month and will be put into service as part of Joby’s Agility
Prime contract with the US Air Force.
Commenting on the milestone, JoeBen Bevirt, founder and CEO of
Joby, said: “Our 2021 flight test program delivered a wealth of
information and experience to support our program. With two
aircraft flying at the same time, we’ll be able to increase the
speed of our learnings as planned, while continuing to fulfill the
requirements of our Agility Prime contract.
“We’re grateful to the US Air Force for our ongoing relationship
and support and to the FAA for continuing to foster innovation in
the aviation industry.”
US Air Force airworthiness was received just six days after the
FAA special airworthiness certification was granted. This approval
timeline reflects joint work between Joby and the US Air Force to
streamline certification requirements and demonstrates their
commitment to introduce novel aviation technologies to the
commercial market.
With a maximum range of 150 miles and a top speed of 200 mph,
Joby’s all-electric aircraft is designed to carry four passengers
and a pilot with zero operating emissions. The Company began flying
full-scale prototypes in 2017 and has completed more than 1,000
flight tests to date. Joby aims to launch passenger service in
2024, offering a fast, clean, and quiet way for people to move
within congested metropolitan areas and other communities.
In 2020, Joby became the first and only eVTOL company to sign a
G-1 (stage 4) certification basis with the FAA, having received an
initial (stage 2) signed G-1 from the FAA in 2019. In parallel to
this work, the Company continues to make progress with the FAA on
defining the means of compliance that will apply to its aircraft as
it progresses with certification efforts.
Joby listed on the New York Stock Exchange (“NYSE”) in August
2021 under the ticker symbol “JOBY.”
ABOUT JOBY AVIATION
Joby Aviation, Inc. (NYSE:JOBY) is a California-headquartered
transportation 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 around 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 our
aircraft including our initial plant capacity and regulatory
outlook; our business plan, objectives, goals and market
opportunity; and our current expectations relating to our business,
financial condition, results of operations, prospects and capital
needs. 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: our
limited operating history and history of losses; our ability to
launch our aerial ridesharing service and the growth of the urban
air mobility market generally; our plans to operate a commercial
passenger service beginning in 2024; the competitive environment in
which we operate; our future capital needs; our ability to
adequately protect and enforce our intellectual property rights;
our ability to effectively respond to evolving regulations and
standards relating to our aircraft; our reliance on a third-party
suppliers and service partners; uncertainties related to our
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 our 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 we file with
or furnish to the Securities and Exchange Commission. 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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Investors: investors@jobyaviation.com +1-831-201-6006
Media: press@jobyaviation.com
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