Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the primary use case for Joby Aviation's eVTOL by 2025?
Urban air taxis • 25%
Private charters • 25%
Medical transport • 25%
Other • 25%
Official statements from Joby Aviation or industry reports
Joby Aviation Enters $300M Equity Distribution Agreement with Morgan Stanley, Allen & Co. Ahead of eVTOL Release
Dec 10, 2024, 09:13 PM
Joby Aviation has entered into an equity distribution agreement allowing for the sale of up to $300 million in common stock. The agreement involves financial institutions Morgan Stanley and Allen & Co. as agents, who will receive a 3% commission on gross sales. The sales will occur over time without any specific obligation to sell a predetermined amount. This move is part of Joby’s strategy as it prepares for the commercial release of its electric vertical takeoff and landing (eVTOL) aircraft in 2025.
View original story
Personal transport • 25%
Air taxis • 25%
Cargo delivery • 25%
Emergency services • 25%
New York to Boston • 25%
Los Angeles to San Francisco • 25%
Chicago to Detroit • 25%
Other • 25%
Air taxis • 25%
Family vehicles • 25%
Corporate transportation • 25%
Emergency services • 25%
Q1 2025 • 25%
Q2 2025 • 25%
Q3 2025 • 25%
Q4 2025 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Military transport • 25%
Reconnaissance • 25%
Search and rescue • 25%
Other • 25%
500 to 999 units • 25%
Less than 100 units • 25%
1000 or more units • 25%
100 to 499 units • 25%