Joby Aviation: Choosin‘ Texas for Initial eIPP Operations; Cert Progress Inches Along-20260807
Choosin' Texas for Initial eIPP Operations; Cert Progress Inches Along A give and take quarter for JOBY, but one we think warranted the +5% move in the market, particularly with performance YTD (-40% vs S&P +11% entering the day) indicative of certification timelines being pushed right. Starting with the good, JOBY announced its first flights under the eIPP (eVTOL Integration Pilot Program) will start next month in Texas. JOBY expects operations under the eIPP to include passenger carrying, with the potenti ...