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Joby Reports Additional US Air Force Funding

Joby Reports Additional US Air Force Funding

MT newswireMT newswire2026/11/04 14:27
10:27 AM EST, 11/04/2026 (MT Newswires) -- Joby Aviation (JOBY) said Wednesday it has been awarded additional funding by the US Air Force to accelerate its autonomous flight technology, bringing the Air Force's total commitment to almost $37 million. The funding supports the continued development of its autonomy software and expanded operational testing in the Pacific, as well as raises the ceiling on its operational testing contract to $50 million, according to a statement. Price: 5.09, Change: +0.24, Percent Change: +4.85
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