Joby Aviation signs MoU with Abdul Latif Jameel for up to 200 eVTOL aircraft in Saudi Arabia worth ~$1B

Joby Aviation, Inc.

MoU with Abdul Latif Jameel to explore distribution and sales of Joby's electric aircraft in Saudi Arabia.
Potential delivery of up to 200 aircraft and related services valued at ~$1 billion over coming years.
Collaboration includes aftermarket MRO, pilot training, and local air taxi services in line with Saudi Vision 2030.
Joby also sees long-term revenue opportunities across the Middle East through this partnership.

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