Joby Aviation to Deliver Aircraft to Edwards Air Force Base as Part of Department of Defense Contract Valued up to $131 Million

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Apr 25, 2023

Joby+Aviation%2C+Inc. (NYSE:JOBY, Financial), a company developing electric vertical take-off and landing (eVTOL) aircraft, today announced the third extension of its Agility Prime contract with the United States Air Force. The $55 million contract extension brings the total potential value of Joby’s current contract with the Air Force up to $131 million and underlines the U.S. government’s continued commitment to leadership in this new sector.