On September 21, Joby Aviation, Inc. rose 5.15% in regular trading, trading at $6.435/share, with turnover of $59.32 million. The rally was driven by the company's announcement that it has completed the first fully autonomous cross-country flight in US history.
According to the company, a converted Cessna Caravan aircraft equipped with Joby's autonomous flight technology flew 3,199 miles from Concord, California to the Outer Banks of North Carolina — near the site of the Wright Brothers' first powered flight — with zero manual control inputs from its onboard safety pilot throughout the entire journey. Ground teams remotely supervised all critical phases including taxiing, takeoff, en-route navigation, weather avoidance, and landing from locations in California and South Carolina, with the farthest supervisory distance reaching 2,323 miles.
The autonomous technology stack was built on Joby's acquisition of Xwing in 2024, and the company highlighted dual-use potential in commercial cargo, medical transport, disaster response, and defense logistics. Joby has now entered the fifth and final stage of FAA type certification and maintains its target of securing the certificate by year-end. The company has completed over 850 crewed test flights to date.
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