Key Points Joby Aviation performed test flights of its electric vertical take-off and landing aircraft across Texas in September. It's working through FAA type certification and aims to begin commercial operations in the coming years. The challenge is that Joby is burning significant cash as it works through certification and scales its business. 10 stocks we like better than Joby Aviation › In September, Joby Aviation 's (NYSE: JOBY) flying air taxis took flight in Texas as part of the Federal Aviation Administration's Electric Infrastructure and Operations Pilot Program (eIPP), demonstrating routes over major regional infrastructure.
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