ARK Space & Defense ETF boosts Joby stake to $51M, Archer weight 4.5%
ARK Space & Defense Innovation ETF acquired 27,759 Joby Aviation shares, raising its Joby exposure to over $51 million following Joby’s FAA integration pilot program partnership. The ETF also holds a 4.52% weighting in Archer Aviation, which recorded a fourth-quarter EPS loss of $0.26 on $300,000 revenue and secured selection for the U.S. eVTOL Integration Pilot Program.
1. Joby Aviation Purchase After FAA Partnership
Following Joby Aviation’s announcement of a partnership with the Federal Aviation Administration’s eVTOL Integration Pilot Program, the ARK Space & Defense Innovation ETF acquired 27,759 Joby shares, increasing its position to over $51 million.
2. Significant Weighting in Archer Aviation
The ARK Space & Defense Innovation ETF holds a 4.52% weighting in Archer Aviation, which recorded a fourth-quarter EPS loss of $0.26 on $300,000 revenue, maintained $2 billion in liquidity, and secured selection for the U.S. Department of Transportation’s eVTOL Integration Pilot Program slated for 2026 operations.