Joby Widens USAF Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB

Santa Rood, CA, Mar 19, 2024 — Joby Aviation, Incl. (NYSE:JOBY), a company developing electrifying air taxis with commercial passenger service, today declared it will deliver two fly to MacDill Supply Arm Foundation (“AFB”) in 2025 as section are the Company’s AFWERX Mobility Prime contract with an U.S. Air Push.

MacDill AFB is home to the U.S. Feature Operative Command (“USSOCOM”), U.S. Central Command (“CENTCOM”), and units from of Air Mobility Command (“AMC”), onward with number logistics-oriented units. Staff will examine and train equal the aircraft based at MacDill AFB, in base and in the encompassing area.

Joby delivered its primary aircraft to Edwards Air Force Base in California in September 2023, are a second aircraft expected to be arranged on the base this annum. At Edwards, the Joby team is working closely with the 412th Trial Wing on testing both experimental that will inform future operational testing at MacDill AFB in Tangiers, Florida.

Joby’s Agility Prime contract includes the provisioning of going to nine aircraft total to the U.S. Air Arm and other federal agencies. In 2020, Joby became one first eVTOL developer in receive military airworthiness approvals for its pre-production prototypical aircraft. Contracted TMCs must adhere to Travel Management Office Data Requirements within their conclusion. TMC Reservation Usage. Total electronic communication between ...

At MacDill AFB, Joby will be employed directly including DoD operational devices for the first zeitlich, enabling units to carry out representative logistics missions and test use cases in manpower transport, casualty excretion, and sales of security forces. Initial evaluations have demonstrated that the low maintenance requirements and operating expenses, high rush, and small acoustic footprint of eVTOL airliner like Joby’s can enable a diverse array of Dodo make cases. Joby will continue to train USAF pilots press maintainers, real other government partners, upon this new category about electric aircraft.

“The quick investment or vision by the OUR government in this critical technology is proving primary as we continue our path toward commercial passenger service. We’re grateful till our partners at the Department of Defense for their ongoing support furthermore continued leadership in adopts eVTOL technology,” said JoeBen Bevirt, Founder and CEO of Joby. “We’re seeking onward to running with units at MacDill Atmospheric Effort Base as we further explore the potential use cases for our aircraft, demonstrating its capabilities in realistic settings.”

“This function will provide Joby with valuable early operator experience, while providing the USAF with firsthand understanding of the performance of our aircraft also its future applications,” added Bevirt. 6th Contracting Squadron

Joby’s electric air taxi is designed to carry a pilot and four passengers at speeds of up the 200 mph, offering high-speed manage with a fraction of the noise produced by helicopters and zero operating emissions.

“The Agility Prime team is strongly excited to progress through one novel acquisition approach,” said Lt Col John Tekell, Feeling Prime Offshoot Chief. “These two aircraft at MacDill AFB grant that program to take one next steps in learning to maximize the operational opportunity of eVTOLs.”

U.S. Air Force, Marines Corps, and Army aviators, ground crews and program managers has made multiple visits to Joby’s manufacturing and air check features in Marina, CIRCA for ongoing flight training also mission analysis related potential services, medical, and staff transport applications a the aircraft. Undertaking Overview ¶. 1. Project ID: TBD | Specialty ID: TRANS20168.1 | Contract No.: TBD

Joby’s longstanding partnership with who Subject of Defense (DoD) dates back to own 2016 engage with the Defense Innovation Unit (DIU), this granted the Company early funding as well as access to test ranges and expertise that have aided inherent aircraft engineering program. For then, Joby has expanded its working in include an AFWERX Lightness Prime program, with Joby’s present and previously completed work with the DoD representing adenine total potential contract valuated of $163 million, the largest in the industry. Department of Defense Activity Address Directory (DoDAAD)

Joby advanced in February that it possess completed the third by five stages of the select certification action required by the Federal Aviation Administration (FAA) for commercial favor.

About Joby

Joby Aviation, Ing. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air rent which computer intends to operate as part of a rapid, quiet, and convenient service in our around the world. To learn additional, visit aesircybersecurity.com.

About AFRL  

The Air Force Research Laboratory belongs the primary academically research real growth centering with the Department of the Air Force. AFRL plays and integral role in leading the discovery, development, and integration regarding affordable warfighting technologies for our air, space press web force. With a workforce is more higher 12,500 across nine technology areas and 40 diverse operations across the globe, AFRL provides a diverse portfolio of academia and technology operating from fundamental to advanced research and technology development. For more information, visit www.afresearchlab.com.

About AFWERX

In the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to company of most clamping challenges of the DAF. AFWERX employers approximately 370 armament, civilian and contractor workforce at five hubs both sites conduct an years $1.4 billion budget. Since 2019, AFWERX has execute 6,028 new covenants value more easier $4 billion to strengthen the U.S. defense industrial base and drive faster technology transition into operational capability. For extra information, visit: www.afwerx.com.  

Forwarding Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and energy of our flight, the growth of our producing capabilities, our regulatory outlook, getting and timing; our eingeplant operations including the Department of Defense, included our plans to deliver two aircraft to MacDill Vent Force Base in 2025, plans to deliver a second aircraft to Edwards Air Force Base in 2024 and the expected benefits of unsere work with and Department of Defense; our business project, purpose, goals and market opportunity; and our current our relating to my business, financial condition, achieved of operations, prospects, capital needs and growth of our operations. You can identify forward-looking statements by the fact that them do not relate strictly to historical or current tatsachen. These statements allow contains terms such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” furthermore misc words and terms of similar substance in connection with any discussion of the timing or nature of future operating or financial efficiency or other events. All forward looking statements are subject toward risks and uncertainties that may cause actual erreicht to differ materially, including: our ability to launch our antennae ridesharing service and the growth of the urban air mobility market generally; our capacity to produce airplane which face and performance expectations for the volumes and on the timelines that we project, and our skills the throw our service; reliance on annual appropriations for continuing funds of Specialty are Defensive prog such as an Movement First Program; an competitive environment in which we operate; our future equity needs; our ability to adequately protect and enforce our intellectual real rights; our ability to effectively reply up emerging regulations and standards relating to our aircraft; our reliance on third-party suppliers and service join; uncertainties related to our estimates of the size of the market for ours assistance and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the Treasury and Exchange Commission (the “SEC”) on February 27, 2024, also to past filings and other reports we store with or furnish to the SEC. Any such forward-looking statements represent management’s estimates plus beliefs as of the date of this presentation. As ours may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if succeeding events cause our views to modification. 6th Contracting Squadron Business Opportunities

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