Joby is losing money, but the milestones keep coming
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The Future of FLYING newsletter provides your weekly look at the cutting edge of aviation, from drones to rockets and everything in between.
At the end of Q2, the aviation company Joby reported $1.2bn in cash and short-term investments and net losses of $286m.
Operator: Greetings, and welcome to Joby Aviation’s Second Quarter 2023 Conference Call and Webcast. At this time, all participants are in listen-only mode.
The air taxi firm is still losing money, but it made substantial progress toward FAA certification of its production model aircraft.
The production milestone and certification are the latest headlines.