Joby Completes Third Stage of FAA Certification Process
21 Febbraio 2024 - 2:00PM
Business Wire
- Joby has now completed three of five stages of
type certification process
- First eVTOL company to reach this milestone towards
commercialization
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric
air taxis for commercial passenger service, today announced it has
become the first developer of electric vertical take-off and
landing (eVTOL) aircraft to complete the third of five stages of
the Federal Aviation Administration (“FAA”) type certification
process.
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Joby’s all-electric aircraft in flight
above Marina, California. Joby Aviation photo
During the third stage of the process, Joby submitted
certification plans that cover all of the aircraft’s structural,
mechanical, and electrical systems, as well as the Company’s
intended certification approach to cybersecurity, human factors,
and noise.
These certification plans, which detail the tests and analyses
that Joby will use to certify every aspect of its aircraft for
commercial use, have now all been reviewed and accepted by the FAA,
laying the groundwork for Joby to submit test plans and begin
for-credit testing across every area of the Company’s aircraft
program.
JoeBen Bevirt, Founder and CEO of Joby, commented: “Joby
continues to lead the industry towards bringing electric air taxis
to the commercial market. Our certification and engineering teams
are best-in-class and, working closely with the FAA, continue to
support U.S. leadership in this new area of aviation.”
Joby is now fully focused on the fourth stage of the
certification process, where the Company will complete tests and
analysis for FAA credit covering every component and system on the
Joby aircraft – as well as the entire aircraft itself.
“With all of our certification plans accepted by the FAA, we are
now completely focused on the execution phase of the certification
process. We have a clear path to certifying every aspect of our
aircraft, and the team is full steam ahead on executing against
that path as we continue to lead the industry to
commercialization,” said Didier Papadopoulos, President of Aircraft
OEM at Joby.
In the fourth quarter of 2023, Joby completed 30 for-credit
tests covering a number of flight electronics units as well as
structural materials. The testing methods and processes validated
through these tests lay the foundation for the Company’s continued
expansion of FAA for-credit testing.
Joby also recently received its Part 145 Repair Station
Certificate from the FAA, allowing the Company to perform select
maintenance activities on aircraft and marking another key step on
the path to commercializing Joby’s electric air taxi service.
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.
About Joby
Joby Aviation, Inc. (NYSE:JOBY) is a California-based
transportation company developing an all-electric, vertical
take-off and landing air taxi which it intends to operate as part
of a fast, quiet, and convenient service in cities around the
world. To learn more, visit www.jobyaviation.com.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the development and performance of our
aircraft, our regulatory outlook, progress and timing; our business
plan, objectives, goals and market opportunity. You can identify
forward-looking statements by the fact that they do not relate
strictly to historical or current facts. These statements may
include words such as “anticipate”, “estimate”, “expect”,
“project”, “plan”, “intend”, “believe”, “may”, “will”, “should”,
“can have”, “likely” and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
operating or financial performance or other events. All
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including: our
ability to launch our aerial ridesharing service and the growth of
the urban air mobility market generally; our ability to produce
aircraft that meet our performance expectations in the volumes and
on the timelines that we project, and our ability to launch our
service; the competitive environment in which we operate; our
future capital needs; our ability to adequately protect and enforce
our intellectual property rights; our ability to effectively
respond to evolving regulations and standards relating to our
aircraft; our reliance on third-party suppliers and service
partners; uncertainties related to our estimates of the size of the
market for our service and future revenue opportunities; and other
important factors discussed in the section titled “Risk Factors” in
our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission (the “SEC”) on March 1, 2023, and in future
filings and other reports we file with or furnish to the SEC. Any
such forward-looking statements represent management’s estimates
and beliefs as of the date of this presentation. While we may elect
to update such forward-looking statements at some point in the
future, we disclaim any obligation to do so, even if subsequent
events cause our views to change.
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