NYSE:JOBYAirlines
Joby Aviation (JOBY) Explores New Defense Aircraft Class with L3Harris Technologies Partnership
Joby Aviation (JOBY) and L3Harris Technologies announced a collaboration to develop gas turbine hybrid VTOL aircraft for defense, planned to begin testing in 2025. Over the last quarter, Joby's stock rose 156%, standing out against a market backdrop marked by a 2.7% decline spurred by weak job reports and tariff concerns. The strategic alliance and the planned start of commercial air taxi flights in Dubai, alongside a significant site expansion in Marina, California, highlight Joby's growth...