What Happened
Electric Aviation Company Expands Texas Operations Hub
Joby Aviation has raised its 2026 revenue outlook to $115-125 million, driven by strong Q2 sales of $38.64 million, largely from its Blade business. The company has also expanded its US footprint with a new facility in Texas and partnered with Atoms for vertiport development in key US markets. This move may signal a push towards commercializing eVTOL technology, but also underscores the company’s ongoing funding and execution risks. The news was first reported by Unknown Source.