JOBY AVIATION INCORPORATION

Joby Aviation filed a prospectus supplement with the US SEC for the potential resale of 2,419,801 common shares. The shares were issued as consideration for acquisitions of the passenger segment (including Strata Critical Medical, Trinity Medical Intermediate II, Blade Urban Air Mobility) and relate to issuances upon achievement of certain EBITDA milestones; the supplement is part of the existing S-3 registration statement and includes a legal opinion from Latham & Watkins. » More on de.investing.com

Joby is participating in the White House’s eVTOL Integration Pilot Program with test flights in Texas alongside Beta and Wisk, demonstrating routes between cities and Dallas Fort Worth International Airport without passengers. The program aims to collect data to support FAA type certification and help shape future regulations to accelerate commercial service. Companies hope the demonstrations speed market entry, though legal disputes with rivals and technology limitations such as battery weight and sensors remain obstacles. » More on theverge.com

Joby Aviation is advancing through the FAA type-certification process and is in the final stage with for-credit flight testing planned later this year. The company has logged over 50,000 miles across its eVTOL fleet, demonstrated piloted transitions, and operates S4 aircraft in limited service while scaling production. Strategic partners including Toyota, Delta, and Uber bolster manufacturing and commercialization prospects, but Joby remains cash-negative and vulnerable to dilution if certification or commercialization are delayed. » More on finance.yahoo.com