Joby Raises $513 Million In Share Sale

Joby’s cash runway is now expected to extend into 2028.

Joby’s cash runway is now expected to extend into 2028.

Credit: Joby Aviation
Joby Aviation has closed an equity sale worth $513.9 million in a move that fortifies its balance sheet as it gears up for the final stages of the FAA type certification process. As part of an existing shelf registration filed last October, Joby announced it has raised $513.9 million through the...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

Subscription Required

 

Joby Raises $513 Million In Share Sale is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.