Joby Aviation Tweets "We've received FAA approval of our Certification Plans for the Energy Storage and Distribution System onboard the Joby aircraft, which includes the batteries, high-voltage power distribution, and associated electrical wiring."
Portfolio Pulse from Happy Mohamed
Joby Aviation has received FAA approval for its Certification Plans for the Energy Storage and Distribution System onboard its aircraft. This includes the batteries, high-voltage power distribution, and associated electrical wiring. The company now has more than two thirds of its Certification Plans accepted and is on track to launch commercial electric air taxi service in US cities in 2025.
September 06, 2023 | 7:37 pm
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Joby Aviation's FAA approval for its Certification Plans for the Energy Storage and Distribution System is a significant step towards its goal of launching commercial electric air taxi service in 2025.
The FAA approval is a critical regulatory milestone for Joby Aviation. It indicates that the company is making significant progress towards its goal of launching a commercial electric air taxi service. This news is likely to be viewed positively by investors, potentially leading to an increase in the company's stock price in the short term.
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