Joby Aviation S4

The report from Ark–an existing shareholder in both Archer and Joby Aviation–comes amid ongoing industry debate.

Our roundup of the main aerospace and defense stories making the news this week.

Tier 1 aerospace suppliers see the AAM industry as a way to bridge the business and technology gaps to the next single-aisle airliner.

The award is similar to one received by Joby Aviation in April to deliver and operate up to nine of its S4 eVTOL aircraft for the U.S. Air Force.

The rally in advanced air mobility stocks has been ongoing since early May.

Joby Aviation has announced a $100 million equity sale to existing investor SK Telecom.

The aircraft has received FAA special airworthiness certification for flight testing.

Eric Allison is Joby Aviation's chief commercial officer.

Some major airlines are ramping up plans to adopt air taxi service.

The U.S. Air Force’s Agility Prime program has established airspace innovation and battery energy storage teams.

Joby Aviation has announced that existing shareholder Baillee Gifford will purchase an additional $180 million in newly issued shares.

The first two Joby aircraft are expected to be delivered to Edwards AFB, California, by early 2024.