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Joby Aviation CEO on Q2 earnings loss, FAA certification timeline and U.S. commercialization
CNBC Televisionยท 2025-08-07 15:58
Certification Progress - Joby's airframe for its first aircraft intended for FAA certification flights has completed structural testing and is entering final assembly [3] - Joby anticipates piloted flights later this year and FAA flights early next year, marking the final step in the certification process [3] - The company highlights the culmination of 10 years of work with the FAA in building the certification basis [4] - Joby is in the final stages of the certification journey, preparing for TIA flight tests early next year [4] Commercial Operations - Commercial flights are likely to commence in the Middle East [5] - Opportunities exist to potentially accelerate US operations, possibly into next year [5] Company Performance - Joby Aviation shares fell this morning after reporting a wider than expected loss [1]