Image: Joby Aviation
Joby Aviation, a company that develops all-electric aircraft for commercial passenger service, has inked a strategic partnership with key governmental entities in Abu Dhabi.
The multilateral memorandum of understanding (MoU) signed between Joby Aviation and the Department of Municipalities and Transport – Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (ADDED), and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) paves the way for Joby to establish and scale air taxi services not only in Abu Dhabi but also beyond.
Joby is listed on the New York Stock Exchange and has raised more than $2bn in funding so far, including investments from Toyota, Delta Air Lines, SK Telecom, Uber and Baillie Gifford.
Last year, in November, Joby’s aircraft became the first electric air taxi to fly in New York City.
In February, the company wrapped up the third of five stages required to receive type certification for its aircraft from the…