$250MEquity raised
27 May 2025 · Closed tranche
First Toyota tranche; not the full $500 million commitment or lifetime funding.
Joby Aviation / SECLoading your next page
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Passenger eVTOL
Develops an electric air taxi and a service network connecting cities and airports. Aircraft development, manufacturing and planned operations sit within one business.
Santa Cruz, California · United States
Harlan Huntington / U.S. Air Force · Public domain (U.S. federal work) · Resized, compressed; display crop.Public activity is supported by the linked source. Legal standing and financial health are not independently audited.
Discrete reported events. Order values, valuation and financing commitments are never added to capital raised.
27 May 2025 · Closed tranche
First Toyota tranche; not the full $500 million commitment or lifetime funding.
Joby Aviation / SECDemonstration flights. Manufacturer also reports ongoing TIA testing; type approval remains in progress.
Joby AviationNorth Texas demonstrations bring the aircraft closer to real operating environments while FAA certification work continues.
Publication dates refer to source documents; undated pages may change. Targets are not guarantees.
Company identity, public programme description and category
Four passengers plus pilot; six tilt propellers; 200 mph speed; 2400 kg gross mass; 10000 ft ceiling; noise measurement conditions
First tranche closed; part of a previously announced $500 million commitment.
Texas demonstration campaign; leased Alliance facility; FAA TIA testing remains in progress.
Five flights during April 23–May 1 campaign; future permanent charging planned for 2027.