Joby Aviation and Toyota form joint venture JTAMPC to manufacture S4 eVTOL; Toyota holds 51%

Joby Aviation, Inc.

Joby contributes $980k for 49% (980k shares), Toyota $1.02M for 51% (1.02M shares) of JTAMPC.
Board: 2 Joby directors, 3 Toyota directors; certain actions require Toyota approval.
Parties to negotiate exclusive manufacturing supply agreement and IP licenses for S4 Series.
Agreement is condition for Toyota's second $250M investment tranche under prior stock purchase agreement.
JTAMPC to manufacture S4 Series; subject to HSR and CFIUS regulatory approvals.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.