What Happened
Electric Air Taxi Developer Raises Revenue Guidance
Joby Aviation, a developer of electric air taxis, has reported its second quarter 2026 financial results, raising its revenue guidance for the year to $115-125 million. The company has made significant progress in its certification process and is expecting its first eIPP flights in September. Joby has also announced a joint venture with Toyota and a strategic partnership with Atoms to develop multimodal transportation hubs. According to the company’s press release, this was reported by Unknown Source.