Joby Aviation announces $55M contract extension with U.S. Air Force, total value up to $131M

Joby Aviation, Inc.

Third extension of Agility Prime contract adds $55M, bringing total potential value to $131M.
Joby will deliver and operate up to nine five-seat eVTOL aircraft to U.S. Air Force.
First two aircraft expected at Edwards AFB by early 2024; first electric air taxi at a U.S. military base.
Four Air Force pilots flew Joby aircraft as sole pilot-in-command, including full transition flight.
Contract supports commercial operations in 2025 and provides access to testing facilities.

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