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Joby’s aviation electric taxi flies near the Heliport in downtown Manhattan in Manhattan, New York City, United States, November 12, 2023.
Roselle Chen | Reuters
Aviation Joby Actions climbed around 14% while the Flying Air Taxi Maker was getting closer to the launch of a service with the United Arab Emirates.
Electric vertical takeoff and landing, or evolThe company said on Monday that it had delivered its first plane to the United Arab Emirates and had carried out piloted flight tests while it is preparing for a launch in 2026 in the region.
“Our flights and operational fingerprints in Dubai are a monumental step towards weaving air taxi services in the fabric of daily life in the world,” said founder and CEO Joeben Bevirt release. He described the Nation of the Middle East as “launching a world revolution in the way we move”.
Joby is planned launch In the water, the water was announced in February 2024 as part of an agreement with Dubai’s Road and Transport Authority. The agreement included exclusive rights to carry out an air taxi service in Dubai for six years.
As part of the project, Joby said in November that he had started to build a letter At Dubai International Airport, with three additional locations scheduled for Palm Jumeirah and downtown Dubai and Marina. Joby too announced an air taxi agreement With three government services Abu Dhabi in 2024.
Californian society has made other expansion movements in the Middle East. Actions jumped earlier this month after the Saudi company Abdul Latif Jameel announced a Investment of around 1 billion dollars For up to 300 evols. The company participated in the finance tour of the Joby series C.
Joby shares have increased by more than 32% this year, inflating its market capitalization to more than $ 9 billion.
The demand for air taxis, which take off and land similar to helicopters, has grown in recent years. The service is facing regulatory and security obstacles but has been praised for its ability to reduce traffic congestion and reduce emissions.
Earlier this month, the president Donald Trump signed an executive decree which included a pilot program to test Electric air taxis.
