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  1. JOBY+4.1%Joby Aviation$5.05

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HotJoby Aviation

JOBY Aviation grows military contracts to nearly $37 million

The company raised its operational testing ceiling to $50 million after completing a 6,665-mile autonomous flight tour. AFWERX funding will support software integration and expanded Pacific testing for uncrewed cargo operations.

JOBY+4.1%

HotJoby Aviation

JOBY Aviation CEO says demand exceeds production capacity

Joby Aviation CEO JoeBen Bevirt stated that aircraft demand is higher than the company can currently build. The stock, which has fallen more than 66 percent, faces a production ramp test in its third-quarter earnings report scheduled for Wednesday.

JOBY+4.1%

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