SPAC Deal Funds Joby Through UAM Scale-up

Joby is working with Toyota to prepare for volume production of its S4 tiltprop eVTOL air taxi.
Credit: Joby Aviation
Joby Aviation is going public in a transaction that will provide the urban air mobility (UAM) startup more than $1.5 billion to complete aircraft development and begin air taxi services. The deal comes with a long-term commitment from investors to back the company through the scaling up of its...

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SPAC Deal Funds Joby Through UAM Scale-up is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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