Image from Joby Aviation

Santa Cruz, CA, August 6, 2024 — Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, today announced it has formally applied for its revolutionary aircraft to be certified for use in Australia.

Joby’s application to Australia’s Civil Aviation Safety Authority (“CASA”) for the validation of an FAA (“Federal Aviation Administration”) type certification builds on a bi-lateral agreement between the U.S. regulator and CASA, and it lays the groundwork for the introduction of quiet, emissions-free air taxis in Australia.

Joby’s electric air taxi is designed to carry a pilot and four passengers at speeds of up to 200 mph, offering high-speed mobility with a fraction of the noise produced by helicopters and zero operating emissions.

To date, Joby has completed more than 33,000 miles of all-electric flight with full-scale prototype aircraft and, in November 2023, Joby became the first electric air taxi company to fly in a major U.S. city, taking off from the Downtown Manhattan Heliport in New York and demonstrating its aircraft’s quiet acoustics for an audience including Mayor Eric Adams, who announced the city’s intention to electrify the heliport.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.