Summary by Moomoo AI
On November 6, 2024, Joby Aviation, Inc. reported its financial results for the third quarter ending September 30, 2024. The announcement was made through a Form 8-K filing with the United States Securities and Exchange Commission. The company, based in Santa Cruz, California, highlighted several key achievements in the quarter, including the completion of its first international demonstration in Japan, significant progress in test and certification efforts with the completion of an FAA-conforming major sub-assembly, and regulatory advancements in targeted launch markets. Additionally, Joby Aviation announced a substantial investment from Toyota, amounting to $500 million, to further cement their nearly seven-year collaboration and establish a manufacturing alliance. Financially, Joby Aviation ended the quarter with a strong balance sheet, boasting $710 million in cash...Show More
