Joby Aviation Formally Applies For Its Aircraft To Be Certified For Use In Australia
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation has formally applied for its electric air taxi to be certified for use in Australia. The company is also seeking validation of its FAA type certificate by aviation authorities in Japan and the UK.
August 06, 2024 | 10:01 am
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Joby Aviation has applied for certification of its electric air taxi in Australia and is seeking validation of its FAA type certificate in Japan and the UK. This could significantly enhance Joby's market reach and regulatory approval status.
The application for certification in multiple countries indicates Joby's commitment to expanding its market reach and gaining regulatory approval, which is likely to positively impact its stock price in the short term.
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