Joby has been selected for multiple winning applications under the FAA’s eVTOL Integration Pilot Program, part of the Department of Transportation’s Advanced Air Mobility initiative launching in Summer 2026 across 10 states. The program will enable the company to test and operate air taxis for urban mobility, cargo delivery and emergency medical transport, establishing one of the largest U.S. next-generation aircraft testing environments.

Cathie Wood’s ARK Invest acquired an additional 27,759 Joby shares—20,309 through its Autonomous Technology and Robotics ETF and 7,450 via its Space and Defense Innovation ETF—at roughly $10.04 per share, representing an incremental $276,000 investment and growing ARK’s total stake to over $51 million.

Joby posted Q4 revenue of $30.84 million, surpassing Wall Street estimates of $16.96 million by 81.8%, while its loss of $0.14 per share outperformed the forecasted $0.22 per share. This beat analysts’ expectations and underscores improving operational momentum ahead of commercial deployments.

Joby finalized the acquisition of Uber’s Elevate division, integrating its ride-hailing eVTOL development efforts, and launched all-electric air taxi operations in Dubai via the Uber app. This strategic move expands Joby’s international footprint and accelerates its plans to commercialize urban air mobility services.