Joby Completes Third Stage Of FAA Certification Process
Portfolio Pulse from Benzinga Newsdesk
Joby has successfully completed the third of five stages in the FAA type certification process, becoming the first eVTOL company to achieve this milestone towards commercialization.

February 21, 2024 | 1:10 pm
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Joby's completion of the third stage in the FAA certification process marks a significant milestone towards commercializing its eVTOL aircraft.
Completing the third stage of the FAA certification process is a critical step for Joby, as it not only demonstrates the company's progress in meeting stringent regulatory standards but also positions it as a leader in the eVTOL industry. This achievement is likely to boost investor confidence in Joby's ability to commercialize its products, potentially leading to a positive short-term impact on its stock price.
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