Joby Aviation stock has slipped below $10, but the decline isn't necessarily a sign that the business is in trouble.
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Non-discretionary sale to cover tax withholding from RSU vesting. Allison retains ~710,000 direct shares and ~107,000 derivative securities.
Companies in aviation, energy, and nuclear technology faced pressure as investors became more cautious about businesses that need large investments and take a long time to make profits.
Jul. 9—Dayton's Joby Aviation and rival Archer Aviation have been battling it out not just in a new industry, but in court and now before the U.S. International Trade Commission. The commission is investigating Joby based on a patent infringement and tariff evasion claim filed by Archer this year. How Joby is building its air taxi company in Dayton with workers who are 'production heroes' ...
A single accident has derailed every new transportation technology. Electric air taxis are nearly commercial and statistically guaranteed to have one
Joby's suit had a setback, but Archer really took it on the chin.
A U.S. federal court has allowed part of Joby Aviation’s (NYSE:JOBY) trade secret lawsuit against Archer Aviation to move forward. The court dismissed all of Archer’s counterclaims and some of Joby’s allegations, with both sides given the option to refile. This ruling introduces additional legal uncertainty as the companies compete in the urban air mobility and eVTOL market. Joby Aviation, traded as NYSE:JOBY, is developing electric vertical takeoff and landing aircraft aimed at short...
Archer Aviation (NYSE:ACHR) has not yet carried out a publicly disclosed piloted transition flight for its Midnight aircraft, a key FAA milestone. This missing step is material for certification progress and comes as the company prepares for planned operations in major US cities. Peers such as Joby Aviation appear to have moved further on piloted transition flights, raising questions about Archer's near term readiness. Archer Aviation, listed on the NYSE under the ticker ACHR, is developing...