STOCKHOLM (AP) — The announcement Monday that three laureates will share the Nobel memorial prize in economics for explaining innovation-driven growth brings this year's Nobel awards to a close.
All but the Nobel Peace Prize, which was announced on Friday in the Norwegian capital, Oslo, are announced in Stockholm. The award ceremonies will be held on Dec. 10, the anniversary of the death of Alfred Nobel, who founded the prizes.
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John Clarke sits in his Berkeley, Calif., home after becoming one of the three scientists to win the Nobel Prize in Physics, Tuesday, Oct. 7, 2025. (AP Photo/Noah Berger)
Professofr Susumu Kitagawa speaks at a press conference at Kyoto University in Kyoto, western Japan Thrusday, Oct. 9, 2025, a day after he was awarded the Nobel Prize in chemistry. (Kai Naito/Kyodo News via AP)
FILE - Hungary's Laszlo Krasznahorkai poses for photographers in London, Tuesday, May 19, 2015. (AP Photo/Matt Dunham, File)
FILE - Maria Corina Machado leads a protest against the reelection of President Nicolás Maduro one month after the disputed presidential vote which she claims the opposition won by a landslide, in Caracas, Venezuela, Wednesday, Aug. 28, 2024. (AP Photo/Cristian Hernandez, File)
FILE - A Nobel Prize medal is displayed before a ceremony at the Swedish Ambassador's Residence in London, Monday, Dec. 6, 2021. (AP Photo/Matt Dunham, File)
Here are this year's winners:
On Oct. 6, the Nobel Prize in medicine was awarded to three scientists for their work on the immune system.
Mary E. Brunkow, Fred Ramsdell and Dr. Shimon Sakaguchi uncovered a key pathway the body uses to keep the immune system in check, viewed as critical to understanding autoimmune diseases such as Type 1 diabetes, rheumatoid arthritis and lupus.
In separate projects, the trio identified the importance of what are now called regulatory T cells. Scientists are using those findings in a variety of ways: to discover better treatments for autoimmune diseases, to improve organ transplant success and to enhance the body’s own fight against cancer, among others.
Brunkow, 64, is now a senior program manager at the Institute for Systems Biology in Seattle. Ramsdell, 64, is a scientific adviser for San Francisco-based Sonoma Biotherapeutics. Sakaguchi, 74, is a distinguished professor at the Immunology Frontier Research Center at Osaka University in Japan.
On Oct. 7, the Nobel Prize in physics was awarded to another trio of scientists for their research on the “weirdness” of subatomic particles called quantum tunneling. That has enabled the ultrasensitive measurements achieved by MRI machines and laid the groundwork for better cellphones and faster computers.
The work by John Clarke, Michel H. Devoret and John M. Martinis took the seeming contradictions of the subatomic world — where light can be both a wave and a particle, and parts of atoms can tunnel through seemingly impenetrable barriers — and applied them in the more traditional physics of digital devices. The results of their findings are just starting to appear in advanced technology and could pave the way for the development of supercharged computing.
Clarke, 83, conducted his research at the University of California, Berkeley; Martinis, 67, at the University of California, Santa Barbara; and Devoret, 72, is at Yale and also at the University of California, Santa Barbara. Clarke spearheaded the project.
On Oct. 8, another scientific trio won the Nobel Prize in chemistry for their development of new molecular structures that can trap vast quantities of gas inside. Experts say the work lays the groundwork to potentially suck greenhouse gases out of the atmosphere or harvest moisture from desert environments.
Experts say the work of Susumu Kitagawa, Richard Robson and Omar M. Yaghi “may contribute to solving some of humankind’s greatest challenges.”
Kitagawa, 74, is with Japan’s Kyoto University, while Robson, 88, is affiliated with the University of Melbourne in Australia. Yaghi, 60, is with the University of California, Berkeley.
On Oct. 9, Hungarian writer László Krasznahorkai won the Nobel Prize in literature for work the judges said upholds the power of art in the midst of “apocalyptic terror.” His surreal and anarchic novels combine a bleak world view with mordant humor.
Krasznahorkai, 71, has written more than 20 books, including “The Melancholy of Resistance,” a surreal, disturbing tale involving a traveling circus and a stuffed whale, and “Baron Wenckheim’s Homecoming,” the sprawling saga of a gambling-addicted aristocrat.
Krasznahorkai has been a vocal critic of autocratic Hungarian Prime Minister Viktor Orbán, especially his government’s lack of support for Ukraine after Russia launched an all-out war.
On Oct. 10, María Corina Machado of Venezuela won the Nobel Peace Prize, and was lauded for being a “key, unifying figure in a political opposition that was once deeply divided.”
Machado, who turned 58 this week, was set to run against President Nicolás Maduro in last year’s presidential election, but the government disqualified her. The lead-up to the election saw widespread repression, including disqualifications, arrests and human rights violations. Maduro’s government has routinely targeted its real or perceived opponents.
Machado went into hiding and hasn't been seen in public since January, and as a result it's unclear whether she will attend the awards ceremony in Stockholm in December.
Machado becomes the 20th woman to win the Nobel Peace Prize, of the 112 individuals who have been honored.
On Oct. 13, Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics. They were honored for their research into the impact of innovation on economic growth and how new technologies replace older ones, a key economic concept known as “creative destruction.”
The winners represent contrasting but complementary approaches to economics. Mokyr is an economic historian who delved into long-term trends using historical sources, while Howitt and Aghion relied on mathematics to explain how creative destruction works.
Dutch-born Mokyr, 79, is from Northwestern University; Aghion, 69, from the Collège de France and the London School of Economics; and Canadian-born Howitt, 79, from Brown University.
John Clarke sits in his Berkeley, Calif., home after becoming one of the three scientists to win the Nobel Prize in Physics, Tuesday, Oct. 7, 2025. (AP Photo/Noah Berger)
Professofr Susumu Kitagawa speaks at a press conference at Kyoto University in Kyoto, western Japan Thrusday, Oct. 9, 2025, a day after he was awarded the Nobel Prize in chemistry. (Kai Naito/Kyodo News via AP)
FILE - Hungary's Laszlo Krasznahorkai poses for photographers in London, Tuesday, May 19, 2015. (AP Photo/Matt Dunham, File)
FILE - Maria Corina Machado leads a protest against the reelection of President Nicolás Maduro one month after the disputed presidential vote which she claims the opposition won by a landslide, in Caracas, Venezuela, Wednesday, Aug. 28, 2024. (AP Photo/Cristian Hernandez, File)
FILE - A Nobel Prize medal is displayed before a ceremony at the Swedish Ambassador's Residence in London, Monday, Dec. 6, 2021. (AP Photo/Matt Dunham, File)
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Nov 17, 2025--
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the next three vertiports to be added to Dubai's electric air taxi network, alongside Dubai’s Road and Transport Authority (RTA) and Skyports Infrastructure, who will be responsible for building the vertiports. The sites, at the American University of Dubai, Atlantis the Royal and the Dubai Mall, will enable Joby to deliver high-speed, emissions-free connections between some of Dubai’s most high-profile destinations, as part of its six-year exclusive agreement with the RTA to establish air taxi services in the Emirate.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251117321480/en/
The news comes as Joby successfully completed a landmark flight test, becoming the first electric air taxi company to conduct a point-to-point flight in the UAE. On Sunday 9 November, Joby landed its aircraft at Al Maktoum International Airport (DWC) following a 17-minute piloted flight from its test facility in Margham, underscoring Joby’s commercial market readiness and ability to operate in shared airspace. Tens of thousands of attendees will have the opportunity to see Joby’s aircraft in action at this week’s Dubai Airshow, with demonstration flights planned for each day of the show.
His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA), stated that “the successful completion of the first crewed flight of the electric aerial taxi marks a new milestone in Dubai’s distinguished record of leadership and innovation. The successful completion by Joby Aviation of the first air taxi flight between two distinct locations underscores the success of RTA’s operational framework for developing Dubai’s aerial mobility ecosystem. This milestone paves the way for a new phase of integration among smart mobility systems across the emirate, further strengthening the confidence of global partners in Dubai’s regulatory and technological environment and establishing it as a leading global platform for future mobility trials.
“RTA is steadily progressing towards the commercial launch of the aerial taxi service in 2026, solidifying Dubai’s position as the city of the future and a global hub for innovative and sustainable urban mobility solutions, combining efficient infrastructure with high quality of life," His Excellency confirmed.
JoeBen Bevirt, founder and CEO of Joby Aviation,said: “From flight demonstrations to infrastructure, we're making incredible progress on all fronts as we look ahead to launching commercial passenger service in Dubai next year. By working alongside the RTA, other government agencies and infrastructure partners, we’ve been able to streamline development of the world’s first air taxi service and are closer than ever to making urban air transport an everyday reality for residents and visitors across the UAE.”
Today’s vertiport announcement brings together three major Dubai property developers - Emaar Properties, Atlantis The Royal, and Wasl Asset Management Group - to deliver a network of valuable and high-traffic sites across the emirate:
Alongside the vertiport at Dubai International Airport, which is set to be completed in the first quarter of 2026, these sites will make up the initial vertiport network for Joby’s air taxi service in Dubai, which is set to launch in 2026.
About Joby
Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi. Joby intends to both operate its fast, quiet, and convenient air taxi service in cities around the world and sell its aircraft to other operators and partners. To learn more, visit www.jobyaviation.com.
Forward Looking Statements
This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft, the growth of our manufacturing capabilities, our regulatory outlook, progress and timing, including our plans to begin carrying passengers in 2026, timing and potential locations of our vertiports, and planned participation in the Dubai airshow; our business plan, objectives, goals and market opportunity; plans for, and potential benefits of, our strategic partnerships; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our air taxi service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project; complexities related to obtaining certification and operating in foreign markets; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2025, our Quarterly Reports on Form 10-Q filed with the SEC on May 8, 2025 and August 7, 2025, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Joby’s air taxi en route from its flight test facility in Margham to Al Maktoum International Airport, marking the first electric air taxi company to conduct a point-to-point flight in the UAE. Credit: Joby Aviation