Joby Aviation, Inc. (NYSE:JOBY), a company developing electric
air taxis for commercial passenger service, today announced it has
signed a definitive agreement with Clay Lacy Aviation to install
Southern California’s first electric air taxi charger at John Wayne
Airport (SNA) in Orange County, CA.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240108975151/en/
Joby’s all-electric prototype aircraft in
flight above Marina, California. Joby Aviation Photo
The installation of electrical infrastructure to support Joby’s
Global Electric Aviation Charging System (GEACS) comes as part of
Clay Lacy’s planned $100 million redevelopment of its fixed-based
operator (FBO) terminal at SNA, targeting completion in
mid-2025.
The GEACS charging interface, which is already in use at Joby’s
flight test center in Marina, California and at Edwards Air Force
Base, supports the safe and efficient operation of all electric
aircraft under development today, including Joby’s quiet,
emissions-free air taxi.
The Joby aircraft will be deployed on routes of up to 100 miles,
and can carry a pilot and four passengers at speeds of up to 200
mph, offering travelers high-speed mobility with no in-flight
emissions and a noise footprint that is radically lower than
today’s helicopters. The installation of a charger at John Wayne
Airport will establish the site as a node in Joby’s Southern
California air taxi network, which is expected to be one of the
first networks to launch in the U.S.
In 2022, Joby announced it was working with Delta Air Lines to
deliver seamless airport trips for its customers across several
locations, including Los Angeles.
“Today’s announcement marks a key moment on the path to
delivering our air taxi service in the Greater Los Angeles area,”
said JoeBen Bevirt, founder and CEO of Joby. “We’re taking concrete
steps to ensure the right infrastructure is in place to support our
future service and we’re grateful to be working with an industry
pioneer like Clay Lacy Aviation to lead the way on bringing
sustainable aviation to Southern California.”
“The charging technology we have developed is optimized to
support our whole industry, from air taxis delivering short range
city flights to more conventional electric aircraft flying longer
distances. Joby made the specifications for the universal charging
interface freely available to the wider industry in November 2023,
to help accelerate the transition to clean flight. We’re therefore
very pleased to see it being adopted in this key market,” he
added.
Scott Cutshall, SVP Strategy and Sustainability at Clay Lacy
Aviation, commented: “Since our founding more than 50 years ago,
Clay Lacy has been committed to improving lives for our community,
employees, and clients; leading the industry on safety and service
while taking action to reduce emissions in both our ground and air
operations. We’re excited to be working with Joby to install
Southern California’s first air taxi charger and we look forward to
the greater convenience it will bring to the Orange County
community without additional noise or emissions.”
Clay Lacy’s all-new FBO development at John Wayne Airport is
expected to be the first in the world to be Gold-certified by the
Institute for Sustainable Infrastructure (ISI), reinforcing the
company’s longstanding commitment to leadership on sustainability
in aviation.
Last year, Joby completed the first-ever flight of an electric
air taxi in New York City - another of Joby’s target launch markets
- coinciding with an announcement by the city’s leadership to
electrify the iconic Downtown Manhattan Heliport.
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.
About Clay Lacy Aviation
Founded in 1968 by legendary aviator and industry pioneer Clay
Lacy. Today, Clay Lacy Aviation is the world’s most experienced
operator of private jets. Prominent individuals and leading
corporations trust Clay Lacy for aircraft management, charter,
maintenance, and FBO services. The company has aircraft operations
and regional offices across the U.S., including full-service FBOs
at Van Nuys Airport in Los Angeles, and Orange County’s John Wayne
Airport, with a third FBO opening at Waterbury-Oxford Airport in
2024. Clay Lacy also has FAA Part 145 aircraft maintenance centers
in Los Angeles and Oxford, Connecticut. With the most knowledgeable
team in the industry, Clay Lacy delivers superior safety, service
and value to aircraft owners and jet travelers worldwide. Visit
www.claylacy.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 and charging system, the growth of our manufacturing
capabilities, our regulatory outlook, progress and timing; our
business plan, objectives, goals and market opportunity; plans for,
and potential benefits of, our strategic partnerships, including
our partnerships with Delta and Clay Aviation; plans for potential
sites for electrification; and our current expectations relating to
our business, financial condition, results of operations,
prospects, capital needs and growth of our operations. 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; complexities related to obtaining certification and
operating in foreign markets; 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 press
release. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240108975151/en/
Joby Aviation Investors: investors@jobyaviation.com
Media: press@jobyaviation.com
Joby Aviation (NYSE:JOBY)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Joby Aviation (NYSE:JOBY)
Historical Stock Chart
Von Mai 2023 bis Mai 2024