Joby Raises $100 Million From SK Telecom

Joby recently rolled out its first company-conforming S4 air taxi.

Credit: Joby Aviation
Joby Aviation has announced a $100 million equity sale to existing investor SK Telecom, building on the startup’s industry-leading balance sheet as it begins company flight testing with its first partly conforming S4 aircraft. Executed on June 27, the equity transaction with South Korean mobile...

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