Joby Widens US Air Force Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation, Inc. (NYSE:JOBY) announced it will deliver two electric vertical takeoff and landing (eVTOL) aircraft to MacDill Air Force Base in 2025 under its AFWERX Agility Prime contract with the U.S. Air Force, expanding its partnership.
March 19, 2024 | 9:34 am
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Joby Aviation, Inc. is set to deliver two eVTOL aircraft to MacDill AFB in 2025, marking a significant step in its partnership with the U.S. Air Force.
This announcement is likely to be viewed positively by investors as it signifies a strengthening of Joby Aviation's relationship with the U.S. Air Force, potentially leading to more contracts and increased credibility in the aerospace sector. The delivery of two eVTOL aircraft by 2025 underlines the company's progress in product development and its commitment to innovation, which could positively influence investor sentiment and stock price in the short term.
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