Joby Aviation Just Launched Its Most Crucial Aircraft Yet. Here's What That Means for the Stock.

Joby Aviation Just Launched Its Most Crucial Aircraft Yet. Here's What That Means for the Stock.

Key PointsJoby's Type Inspection Authorization aircraft just took flight -- an important milestone.It's the first of a test fleet of eVTOLs that will determine whether it receives FAA authorization.The stock has tumbled in the days since the announcement, and it could be an opportunity.10 stocks we like better than Joby Aviation › The code N547JX may not mean anything to you. But it means everything to Joby Aviation (NYSE: JOBY). That's because …

Vertical Aerospace announce USD850m finance package - RotorHub International

Hard on the heels of its annual results announcement which precipitated a 30%+ fall in its share price eVTOL developer Vertical Aerospace has an ‘agreement in principle’ for further funding package valued at up to USD 850 million. Vertical says that as a result of the package it will have a total of USD160m available in near term working capital when the USD50m raised today is combined with USD30m available when the agreed facilities are execute…

Vertical announces USD 850M financing package to support growth

Vertical Aerospace has today (March 30) announced the signing of an agreement in principle as part of a financing package totaling up to USD 850 million. The company’s piloted, electric vertical take-off and landing (eVTOL) aircraft is designed to fly up to 100 miles at speeds of up to 150 mph. Vertical is also developing a hybrid-electric variant. Mudrick Capital Management, L.P. and Yorkville Advisors Global, LP partnered with Vertical to assem