Joby's flying taxi inches closer to production with FAA testing approval
FAA will now let Joby test flying taxis coming off its production line rather than just a prototype made by hand.
Source: autoblog.com
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FAA will now let Joby test flying taxis coming off its production line rather than just a prototype made by hand.
Shares have now doubled since late April.
Joby Aviation Inc. jumped 40% Wednesday after a crucial green light from U.S. regulators in its quest to build electrically powered air taxis. The company, based in Santa Cruz, California,
“This is a huge moment,” Joby Chief Executive Officer JoeBen Bevirt said from the factory in Marina, California.