Joby Aviation and Toyota Launch Joint Venture to Scale eVTOL Air Taxi Production
The partnership aims to accelerate manufacturing, improve efficiency, and bring commercial eVTOL flights to market.
The partnership aims to accelerate manufacturing, improve efficiency, and bring commercial eVTOL flights to market.
AIRO reported Q4 2025 revenue of $48.3M (up YoY) but missed Wall Street forecasts. 2026 guidance calls for 15-25% growth backed by $150M drone backlog.
Joby, Archer, and Beta stocks surge after DOT selects them for Trump's eVTOL air taxi pilot program — electric flying taxis set to test in 26 states starting summer 2026.
Air taxi pioneer Archer Aviation shares Q4 results with a deeper loss than expected, boosted cash reserves, and key partnerships in defense and tech for future growth.
H.C. Wainwright upgrades JOBY to Buy with $18 target on final-stage FAA progress and eIPP catalyst. Joby beats Q4 loss ($0.14 vs $0.20 expected) and cash ($1.41B vs $1.01B), eyes first passengers in Dubai via Uber + US early ops this year.
Uber now lets you book an electric flying taxi! Joby's air cab seats 4, flies 200mph & launches in Dubai in 2026.