Joby Aviation Inc (JOBY)

[Citrati]

Toyota started investing in 2017. JOBY went public end of 2020. Let the flash wear off and started buying in upper 3's and 4's in 2022. Trading shares plus a core position. Toyota has increased their funding ever since that first round. With the next $250million Toyota will have invested about $1.17billion in JOBY.

Agree that even better days are coming.

1. Government and Military Partnerships:
U.S. Department of Defense (DoD) & AFWERX Agility Prime: Joby has a long-standing partnership with the DoD, starting in 2016 with the Defense Innovation Unit. This relationship has expanded to include the U.S. Air Force's Agility Prime program.
Joby is contracted to deliver up to nine aircraft to the Air Force.
They delivered their first eVTOL aircraft to Edwards Air Force Base in September 2023.
They are scheduled to deliver two aircraft to MacDill Air Force Base in 2025 to support operational testing and training for logistics missions, personnel transport, casualty evacuation, and support of security forces.
This partnership allows the DoD to explore the potential military applications of eVTOL technology and provides Joby with valuable operational experience and support for development.
NASA: Joby has collaborated with NASA on electric flight projects, including the X-57 and LEAPTech. NASA is also using Joby's aircraft for testing at Edwards Air Force Base in partnership with the U.S. Air Force's AFWERX program, focusing on testing autonomous flight management solutions.

2. Commercial Partnerships:
Virgin Atlantic: Joby has partnered with Virgin Atlantic to launch an air taxi service in the UK. Virgin Atlantic supports Joby's efforts through customer marketing, regulatory engagement, and infrastructure development at key airports like Heathrow and Manchester Airport.
Delta Air Lines: Joby has an existing alliance with Delta Air Lines in the US, which serves as a foundation for the Virgin Atlantic partnership. Delta will integrate Joby flights into its customer experience to offer seamless home-to-airport air taxi services. Delta also holds a significant stake in Virgin Atlantic.
Uber: Joby is working with Uber to bring its air taxi service to cities like Los Angeles and New York.
ANA Holdings Inc.: Joby has partnered with Japan's largest airline, ANA Holdings Inc., to bring its service to Japan.
Abdul Latif Jameel: A Saudi group, Abdul Latif Jameel, has agreed to be a distributor for Joby's eVTOL aircraft in Saudi Arabia, with an agreement for orders of up to 200 aircraft.
Mukamalah Aviation: Joby is exploring introducing emissions-free aircraft into Mukamalah Aviation's fleet in Saudi Arabia as part of their commitment to sustainability.
Abu Dhabi: Joby is partnering with Abu Dhabi to establish an electric air taxi ecosystem in the Emirate.
These relationships demonstrate Joby's broad reach, engaging with both government entities exploring defense applications and commercial companies aiming to establish air taxi services in key markets globally.