It marks the latest effort by Joby to expand into the Middle East, having previously announced plans to operate its S4 air taxis in Abu Dhabi and Dubai.
Skyports Infrastructure and the government of Ras Al Khaimah have agreed to develop a vertiport network to facilitate air-taxi services beginning in 2027.
Joby's agreement with the Abu Dhabi government is intended to support an air taxi ecosystem in the UAE where the company wants to launch service in 2025.
The AAM Stock Composite was mostly flat during the week ending April 19, as a rise in EHang’s share price offset weakness elsewhere in the unweighted index.
A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service
Archer Aviation has unveiled the completion of a series of initial battery drop tests, demonstrating the safety and resiliency of its proprietary battery packs.
Routine drone operations across the country by 2027 and autonomous air taxi demonstration flights by 2030 are among targets set in the future aviation plan.
Joby is a vertically integrated OEM developing most of its own components and systems in-house, while Archer is relying on Tier One legacy aerospace suppliers.