Santa Cruz, CA – According to filings with the U.S. Securities and Exchange Commission, Joby Aviation is raising $60,000,000.00 in new funding. Sources indicate as part of senior management Executive, Eric Allison played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Joby Aviation
Joby is a California-based company building quiet, all-electric aircraft to connect people like never before. With up to 150 miles of range and the ability to take off and land vertically, the Joby aircraft will change the way we move while reducing the acoustic and climate footprint of flight.

To learn more about Joby Aviation, visit http://www.jobyaviation.com/

Contact:
Eric Allison, Executive
831-201-6700

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