Joby Aviation Secures Pilot Program for 10-State eVTOL Operations, Stock Up 5%
Joby Aviation’s shares gained 5.13% to close at $10.04, rising further to $10.40 in after-hours trading. The company was selected for the White House-backed eVTOL Integration Pilot Program, approving early operations in 10 U.S. states in 2026 ahead of FAA certification, potentially speeding its commercial air-taxi launch.
1. Stock Reaction
Joby Aviation’s share price rose 5.13% to $10.04 on the announcement, climbing further to $10.40 in after-hours trading as investors welcomed the selection for the integration pilot program.
2. Pilot Program Details And Implications
Joby was chosen for the White House-backed eVTOL Integration Pilot Program, granting permission for early commercial operations across 10 U.S. states in 2026 prior to FAA certification, a move expected to accelerate its commercial air-taxi service and Superpilot autonomous platform deployment.