Latest news with #electricaircraft
Yahoo
12 hours ago
- Business
- Yahoo
Joby Aviation to Report Second Quarter 2025 Financial Results
SANTA CRUZ, Calif., July 23, 2025--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its second quarter 2025 financial results after market close on Wednesday, August 6, 2025, and to host a webcast at 5:00 pm ET on the same day. The webcast will be publicly available in the Upcoming Events section of the company website, If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event. About Joby Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi. Joby intends to both operate its fast, quiet, and convenient air taxi service in cities around the world and sell its aircraft to other operators and partners. To learn more, visit 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. 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 February 27, 2025, 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. View source version on Contacts Media:Charles Stewartpress@ Investors:investors@
Globe and Mail
19 hours ago
- Automotive
- Globe and Mail
ONE AIRFRAME, TWO FUTURES: H55 AND BRISTELL SHOWCASES THE ONLY GENERAL AVIATION / FLIGHT TRAINER AIRCRAFT IN BOTH ELECTRIC AND COMBUSTION AT EAA AIRVENTURE OSHKOSH
SION, Switzerland and OSHKOSH, Wis. , July 23, 2025 /CNW/ -- H55 and Bristell are showcasing a unique milestone in aviation at this year's EAA AirVenture: the only general aviation aircraft certified under CS/FAR-23 available in both all-electric and combustion versions. On display at Booths #296 & 297, the Bristell B23 product line—including the fully electric B23 Energic powered by H55's electric propulsion system—offers operators and flight schools a true side-by-side choice for their fleets. This dual offering isn't just a technical achievement—it marks a pivotal step in making clean aviation accessible, scalable, and commercially viable. The B23 Energic, a fully electric two-seat aircraft has been developed with Bristell and is powered by H55's proprietary Electric Propulsion System (EPS). Certified under European Union Aviation Safety Agency (EASA) CS-23 in the first half of 2026, and entry into service in the USA in 2027, the aircraft is designed for flight schools and general aviation, offering zero emissions, quite noise, and comparable operating costs to piston-powered aircraft. Co-founded by the senior management team from Solar Impulse, André Borschberg, Sébastien Demont, and Gregory Blatt, H55 builds on the groundbreaking success of flying around the world without fuel to now delivering real-world electric aviation solutions. André Borschberg, Co-Founder and Executive Chairman, said: " Flying around the world without fuel proved what was possible. With H55, we're making electric flight practical and accessible. During our Across America tour, we've completed nearly 200 passenger flights—and not a single person stepped out without a smile. That emotional connection is translating into real commercial traction. It's a powerful confirmation that electric aviation isn't just part of the future—it's a key pillar of today." Now Taking Off in the U.S. – A Robust Early Customer Base With its first two years of production already sold out, H55 is seeing accelerating demand from U.S. and European operators. The company's Founder's Pioneer Edition offer has driven strong commercial interest, with deposits and signed Letters of Interest (LOIs) nearing full allocation. The message is resonating: certified electric aircraft are no longer a vision—they're a viable business opportunity. Meet the Team & See the Aircraft Up Close Visit Bristell Booths #296 & 297 to explore the B23 Energic in person. Get cockpit briefings from H55's pilots and see the company's electric propulsion system on display. Kristen Jurn, North American Sales Manager, said: "It's exciting to be at Oshkosh for H55's first U.S. appearance. After flying in seven of the eight states on tour and speaking with hundreds of pilots, instructors, and operators, one thing is clear—electric flight is no longer a prototype story. The B23 Energic is real, it's certified in Europe next year, and FAA certification will soon follow. It's quiet, clean, and far more cost-effective to operate—and those who are ready to lead the transition are already lining up. This is more than a debut—it's a game changer." Why It Matters With over 160 takeoffs and landings across seven states during its Across America tour and a 100% safety record, the B23 Energic is proving that electric flight is not only viable—it's ready for commercial adoption. The key benefits of the B23 Energic include: Quiet & Comfortable: No vibration or cabin noise, enhancing pilot and student concentration drastically decreasing the pilot workload and physiological fatigue. Ground Efficient: Low energy consumption during taxiing and circuit training. Block time and flight time are almost the same due to the absence of run-up needs and very short check-list procedure. Pilot-Friendly Simplicity: No oil changes, fouled spark plugs, faulty magnetos, or weight shifts from fuel burn—just pure focus on flying. Reliable Endurance: Up to 90-minutes of endurance with an equal recharge time for US delivery models. Easy Charging: Compatible with standard DC CCS automotive charging. Leading the Charge Across America Since April, H55 has flown across seven U.S. states—from Florida to Wisconsin—connecting with flight schools, airport operators, regulators, aerospace universities, and government officials. With commercial momentum building, H55 is helping to define the next chapter in sustaining and defining general aviation flight as clean, quiet, and cost-effective. To schedule a meeting or interview, please contact: Tamar Burton – U.S. Media Relations, About H55 H55 is a Swiss-based company founded by the former Solar Impulse management team: André Borschberg, Sebastien Demont, and Gregory Blatt . Dedicated to revolutionizing the aviation industry, H55 provides certified electric propulsion and battery management systems tailored to a diverse range of aircraft, aiming to achieve sustainable air travel. H55 supplies certified electric propulsion systems with full airplane integration solutions for general aviation and regional transport aircraft. Through its pioneering legacy and commitment to certified solutions, H55's team of visionary engineers and aerospace experts are at the forefront of driving the aviation industry setting new standards and pushing the boundaries of electric aviation.
Zawya
19 hours ago
- Business
- Zawya
Volar Air Mobility and Falcon Aviation Services sign strategic MoU to pioneer electric aviation in the UAE
Abu Dhabi, UAE – Volar Air Mobility Holding Company Limited and Falcon Aviation Services LLC have signed a landmark Memorandum of Understanding (MoU) to launch a new era of sustainable aviation in the UAE through the certification, deployment, and commercialization of the RX-series Electric Aircraft. This partnership will support Abu Dhabi's ambition to lead in green aviation and advanced air mobility (AAM) technologies. The MoU outlines cooperation across five key areas: certification coordination, sales and distribution, MRO and after sales support, final assembly localization under the " Make it in the Emirates" initiative, and operations of the electric aircraft. The RX-series Electric Aircraft developed by the Liaoning General Aviation Academy (LGAA) is currently the World's Widest series of fixed-wing electric aircraft. It includes the RX1E-A, RX1E-S, RX4E, and more. Specifically, the RX4E aircraft is the First electric aircraft to receive Part 23 type certification (normal aircraft category) in the world. Henry Hooi, Founding Chairman of Volar Air Mobility Holding Company, stated:"This partnership with Falcon Aviation is not just strategic; it is catalytic. The UAE has demonstrated remarkable foresight in supporting green mobility, and this MoU places us on the runway to realize the potential of electric aviation in the region. Our collaboration is a major leap toward decarbonizing air travel and integrating electric aircraft into real world use cases." Saif Al Darmaki, Chairman and Co-founder of Volar Air Mobility Industries LLC, commented: "This is a defining moment for sustainable aviation in the UAE. Our partnership with Falcon Aviation is rooted in shared values of innovation, reliability, and long-term impact. The RX series aircraft represents the next generation of flight which is clean, quiet, and efficient and we are proud to bring that future to life from Abu Dhabi." Captain Ramandeep Oberoi, CEO of Falcon Aviation Services, said: 'This collaboration with Volar marks a clear and strategic step in the evolution of aviation in the UAE. Falcon Aviation is a key stakeholder in the country's air mobility ecosystem, with deep operational expertise in helicopter services, vertiport readiness, and regulatory integration. Our proven track record positions us to enable the successful deployment and support of electric aircraft. This MoU sets the foundation for a sustainable and innovative transformation of general aviation, aligned with the UAE's vision for clean and connected mobility.' Anwar Hussein, Managing Partner and Co-founder of Volar Air Mobility Industries LLC, added: "With this MoU, we are translating vision into action. Together with Falcon Aviation, we are creating an ecosystem that supports electric aviation from assembly to operations. This collaboration enables us to serve not only the UAE market but to establish Abu Dhabi as a regional hub for the future of flight across the MEA and Subcontinent markets." The agreement reinforces Abu Dhabi's position as a leading innovation hub, aligning with national strategies for sustainability, industrial development, and smart mobility. The collaboration is expected to accelerate the deployment of electric aviation platforms, contributing to the UAE's Net Zero by 2050 target and the broader transformation of air transport. About Falcon Aviation Services Falcon Aviation Services is a leading Business Aviation Services operator in the Middle East and Africa region. Since its founding in 2006 under the patronage of His Highness Sheikh Dr. Sultan bin Khalifa bin Zayed Al Nahyan, the company has built a strong reputation for delivering innovative, high-quality services to an esteemed clientele. Falcon Aviation Services provides a wide range of Operational and Aviation Support Services, which include Aircraft Charter & Management, Helicopter Sightseeing Tours, Oil and Gas Aviation Support, Maintenance Repair and Overhauling (MRO), Continuing Airworthiness Management (CAMO), Heliport Management and Inspection, among others. For more information, please visit: Media Enquiries: communications@ About Volar Air Mobility Volar Air Mobility is a pioneering company in the field of advanced air mobility solutions, dedicated to developing sustainable aviation technologies that drive the future of air travel and reduce environmental impact. The company is dedicated to fostering sustainable aviation technologies that contribute to a green future. For more information, please visit: Media Enquiries: emir.p@
Sustainability Times
a day ago
- Automotive
- Sustainability Times
This Flying Car Just Took Off for the First Time—Jaw-Dropping Video Shows the Moment That Could Redefine Modern Transportation
IN A NUTSHELL 🚀 CycloTech successfully tested the BlackBird , an electric vertical takeoff and landing (eVTOL) aircraft, showcasing innovative technology. successfully tested the , an electric vertical takeoff and landing (eVTOL) aircraft, showcasing innovative technology. 🔋 The BlackBird uses unique CycloRotors , offering enhanced maneuverability and efficiency for urban air mobility. uses unique , offering enhanced maneuverability and efficiency for urban air mobility. 🌍 eVTOLs like the upcoming CruiseUp have the potential to significantly reduce carbon emissions compared to gasoline-powered vehicles. like the upcoming have the potential to significantly reduce carbon emissions compared to gasoline-powered vehicles. 🏙️ The integration of eVTOLs in urban environments promises to revolutionize commuting by reducing travel times and traffic congestion. The future of transportation is rapidly evolving, and with it comes the promise of a more sustainable and efficient way to travel. Austrian aviation company CycloTech is at the forefront of this revolution, recently achieving a significant milestone with the first flight of its electric vertical takeoff and landing (eVTOL) aircraft, the BlackBird. This achievement underscores the potential for eVTOL technology to transform urban mobility, offering a glimpse into a future where personal air vehicles are as common as cars on our roads. The BlackBird: A New Era in Air Mobility The BlackBird prototype by CycloTech represents a groundbreaking development in the realm of personal air transportation. The aircraft uses unique CycloRotors, which are barrel-shaped rotors inspired by maritime propellers. These rotors allow for a high degree of maneuverability, enabling the aircraft to move in any direction without rotating its entire body. This design not only enhances the efficiency of the aircraft but also ensures its stability, even in challenging weather conditions. During its inaugural flight, the BlackBird was controlled remotely, showcasing the capabilities of CycloTech's innovative propulsion system. While the flight primarily consisted of hovering maneuvers, it was a critical step in validating the technology behind the CycloRotors. This successful demonstration paves the way for the next phase of development, which includes refining the technology for CycloTech's larger project, the CruiseUp. The Promising Future of the CruiseUp Building on the success of the BlackBird, CycloTech is developing the CruiseUp, a two-seat personal air vehicle designed for urban and suburban travel. With a projected top speed of approximately 95 miles per hour and a range of about 60 miles, the CruiseUp is poised to offer a viable alternative to traditional ground transportation for city commutes. The company aims to launch the CruiseUp on the market by 2035, marking a significant leap forward in personal air travel. Like electric vehicles, eVTOLs promise to reduce carbon emissions significantly. Studies indicate that eVTOLs with three passengers can produce up to 52% less carbon pollution than gasoline-powered cars, even when charged using non-renewable energy sources. As the global push for cleaner energy continues, the environmental benefits of eVTOLs are expected to grow, making them a crucial component of sustainable urban transportation strategies. Accelerating Innovation and Addressing Challenges Following the BlackBird's successful demonstration, CycloTech is accelerating its flight test program to refine the eVTOL technology further. The company's commitment to innovation is evident in its ambitious plans for the future. CycloTech's chief technology officer, Tahsin Kart, emphasized the company's mission to 'drive progress and redefine what's possible in vertical flight,' highlighting their dedication to overcoming the challenges associated with this emerging technology. Despite the promising advancements, there are still hurdles to overcome before eVTOLs become a common sight in our skies. Issues such as regulatory approval, air traffic management, and infrastructure development must be addressed to ensure the safe and efficient integration of personal air vehicles into urban environments. CycloTech's ongoing efforts to refine and validate its technology are crucial steps toward addressing these challenges and realizing the full potential of eVTOLs. The Impact on Everyday Commuting The introduction of eVTOLs like the CruiseUp could revolutionize the way we think about commuting. With the potential to drastically reduce travel times and alleviate traffic congestion, these personal air vehicles offer a compelling alternative to traditional ground transportation. As urban areas continue to expand and traffic becomes increasingly congested, the need for innovative solutions like eVTOLs becomes ever more pressing. Moreover, the widespread adoption of eVTOLs could lead to significant environmental benefits, as these vehicles produce far fewer emissions than their gasoline-powered counterparts. As the technology matures and becomes more accessible, eVTOLs have the potential to play a pivotal role in creating more sustainable and livable urban environments. The question remains, however, how quickly can we overcome the existing challenges to make this futuristic vision a reality? The journey toward integrating eVTOLs into everyday life is just beginning, but the potential impact on society is immense. With companies like CycloTech leading the charge, the future of personal air travel looks promising. As we stand on the brink of this new era, the question arises: How will the integration of eVTOLs reshape our cities and the way we live? This article is based on verified sources and supported by editorial technologies. Did you like it? 4.6/5 (20)
Yahoo
5 days ago
- Business
- Yahoo
Joby Aviation (JOBY) Extends Gains on 3rd Day Ahead of Q2; Investors Cheer Expansion Plans
We recently published . Joby Aviation, Inc. (NYSE:JOBY) is one of Wednesday's top performers. Joby Aviation extended its winning streak to a third consecutive day on Wednesday, surging 17.06 percent to close at $16.33 apiece as investors gobbled up shares ahead of its second quarter earnings results, while digesting plans to double down on production. In a statement earlier this week, Joby Aviation, Inc. (NYSE:JOBY) said that it is underway with the expansion of its Marina facility to 435,500 square feet. Upon completion and full operations, the site would be capable of producing 24 aircraft per year, or an average of one aircraft every other week. It will also provide key capabilities, including its initial FAA production certification, conforming ground and flight testing components, pilot training simulators, and aircraft maintenance. The Marina facility forms part of Joby Aviation, Inc.'s (NYSE:JOBY) total of four manufacturing sites, including two in Santa Cruz, California and one in Dayton, Ohio, which is also set for expansion to accommodate the production of 500 aircraft annually. A futuristic electric vertical takeoff and landing aircraft soaring through the sky. In other news, Joby Aviation, Inc. (NYSE:JOBY)—based on its historical earnings reporting dates—is expected to release the results of its second quarter earnings performance in the first week of August 2025. While we acknowledge the potential of JOBY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
