Finance

Joby Aviation publishes its financial results for the fourth quarter of 2021

Joby Aviation publishes its financial results for the fourth quarter of 2021

SANTA CRUZ, Calif., March 24, 2022–(BUSINESS WIRE)–Joby Aviation (NYSE: JOBY), a California-based company that develops all-electric aircraft for commercial passenger service, today announced its fourth quarter 2021 financial results. Joby investors https://ir.jobyaviation.com/ to view the letter to shareholders for the fourth quarter of 2021. Today, the company will host a live audio webcast of its conference call to discuss results at 2:00 p.m. PT (5:00 p.m. ET).

Additional call details:

What: Joby Q4 2021 Earnings Conference Call

When: Thursday, March 24, 2022

Time: 2:00 p.m. PT (5:00 p.m. ET)

Webcast: Events to come section of the company’s website (www.jobyaviation.com)

Call live: 1-877-407-3982 or 1-201-493-6780

A replay of the call will be available until midnight, Thursday, April 7, 2022, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13726125.

About Joby Aviation

Joby Aviation, Inc. (NYSE: JOBY) is a California-based transportation company developing an all-electric vertical take-off and landing aircraft that it intends to operate as part of a fast air taxi service , quiet and practical from 2024. The aircraft, which has a maximum range of 150 miles (241 kilometers) on a single charge, can carry a pilot and four passengers at speeds of up to 200 mph (321 km/ h). It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transport. Founded in 2009, Joby employs more than 1,000 people, with offices in Santa Cruz, San Carlos and Marina, California, as well as Washington, DC and Munich, Germany. To learn more, visit www.jobyaviation.com.

Forward-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 performance of our aircraft, including the effects of an accident involving our first pre-production aircraft, the growth of our manufacturing capabilities, our regulatory outlook, progress and timing; our business plan, objectives, goals and market opportunities; and our current expectations regarding our business, financial condition, results of operations, prospects, capital requirements and business growth. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”. , “should”, “may have”, “likely”, and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All statements forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including: our ability to launch our ridesharing service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the schedules we expect, and our ability to launch our commercial passenger service from 2024, as currently planned; the competitive environment el in which we evolve; our future capital requirements; our ability to adequately protect and enforce our intellectual property rights; our ability to respond effectively to changing regulations and standards relating to our aircraft; our reliance on third-party vendors and service partners; uncertainties related to our estimates of the market size for our service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our registration statement on Form S-1 (File No. 333-260608), filed with the Securities and Exchange Commission on October 29, 2021, and in future filings and other reports we file or provide to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. These forward-looking statements represent the estimates and beliefs of the management as of the date of this press release. Although Joby may choose to update these forward-looking statements at some time in the future, it disclaims any obligation to do so, even if subsequent events change its views.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220324005731/en/

contacts

Investors:
[email protected]
+1-831-201-6006

Media:
[email protected]