Joby Aviation Receives Additional U.S. Air Force Funding for Autonomous Flight Technology
Joby Aviation (JOBY) has secured a new funding award from the U.S. Air Force to accelerate the development of its autonomous flight technology. This latest contract, facilitated through AFWERX—the innovation arm of the Air Force—brings the total military commitment to Joby's technology to approximately $37 million. The partnership focuses on advancing autonomous capabilities within aviation, strengthening Joby's position in both the commercial electric vertical takeoff and landing (eVTOL) market and the defense sector. This additional capital provides further validation of Joby's technological roadmap as it works toward scaling its flight operations.
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Topics: aerospace autonomous flight technology military funding