Joby Aviation Inc (JOBY)

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Joby to Host Elevate Summit in New York
April 20 2022 - 08:21AM


Joby Aviation, Inc. (NYSE:JOBY), a leading developer of electric vertical take-off and landing (eVTOL) aircraft, today announced it will host the 2022 Elevate Summit on October 12th and 13th in Brooklyn, NY. The summit will provide an opportunity for the entire aerial ridesharing ecosystem to come together and discuss progress in the sector, from city officials and land developers to supply chain partners, the investment community and other aircraft manufacturers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220420005602/en/
(Photo: Business Wire)

(Photo: Business Wire)

The event builds on the success of previous Elevate Summits, hosted by Uber from 2017 to 2019 before the acquisition of Uber Elevate by Joby in 2020.

“We launched the Elevate Summit five years ago to provide an open forum for this new industry to come together and embrace a shared vision of the future,” said Eric Allison, Head of Product at Joby and formerly Head of Elevate at Uber.

“Since then, the Summit has been established as the keystone event for aerial mobility, laying the foundation for the industry to make the leap from renderings to reality.

“We’re at a key moment in the evolution of our industry. As well as demonstrating record speed, altitude and endurance performance with our pre-production prototype aircraft, several companies, including Joby, have gone public and interest in the promise of this technology has never been higher. It’s the perfect time to come together.”

This momentum was recognized recently in a segment of CBS’ 60 Minutes show, presented by Anderson Cooper, during which Billy Nolen, Acting Administrator of the Federal Aviation Administration, stated: “Clearly, we’re seeing the emergence of something that’s fantastic … We want to be careful, we want to be measured, but … this is real, and this is happening.”

Held in New York City for the first time, the Summit will take place at Duggal Greenhouse in the historic Brooklyn Navy Yard, where attendees will be able to envision a near future in which quiet, electric, emissions-free aerial mobility opens up new transportation possibilities in urban areas.

Further details of the Summit will be released later this summer. Previous editions attracted more than 1,000 attendees and a wide range of speakers including the U.S. Secretary of Transportation, senior FAA and NASA leaders, U.S. Senators and CEOs of Fortune 100 companies.

Those interested in attending the event can sign up for updates at www.elevatesummit.com.