Joby Aviation’s defence department deal has more than doubled in size from a $30m value and now includes the US Marine Corps
Joby Aviation, the electric aircraft company working on flying taxis, has increased the size of its contract with the US defence department to as much as $75m. The company plans to announce the new agreement on Wednesday.
“Continued momentum with government customers has always been an important part of how we go to market,” said Joby executive chair Paul Sciarra. He said additional military users testing the aircraft will help Joby improve manufacturing, flight operations and other functions before it launches a taxi service to the public — a milestone the company aims to hit in 2024.
Sciarra said that the US army and navy had also identified eVTOL aircraft as a “critical area of interest” although they were not part of the contract expansion announced Wednesday.