SANTA CRUZ, Calif.--(BUSINESS WIRE)--Mar 9, 2026--
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has been selected as a partner in multiple winning applications under the White House-backed Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP). Through the program, Joby has the opportunity to begin early operations this year in Arizona, Florida, Idaho, New Jersey, New York, North Carolina, Oklahoma, Oregon, Texas and Utah, marking a major milestone for the U.S. air taxi industry with the potential to significantly accelerate Joby’s path to commercial service.
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The eIPP program, established by Presidential Executive Order, paves the way for Joby to bring its technology directly to U.S. communities ahead of FAA type certification. It is expected to accelerate regulatory coordination by bringing the FAA and DOT together with local authorities to streamline approvals for airspace integration and the development of relevant infrastructure - advancing the safe integration of this new technology into the national airspace.
“This is a defining moment for American innovation,” said JoeBen Bevirt, Founder and CEO of Joby Aviation. “Instead of just reading about the future of flight, communities across America are going to be able to see it in the skies above their own cities this year.”
“Quiet, electric air taxis flying real routes are a powerful demonstration of American leadership in action, and proof that we’re building the next golden age of aviation right here in the U.S,” he added.
“America has set the pace and the standard in aerospace innovation since the Wright Brothers first took to the skies," said Greg Bowles, Chief Policy Officer at Joby. “This is how our country has always led — by bringing people together to turn breakthrough technology into real-world progress. From President Trump and Secretary Duffy to the state and local leaders who helped drive these applications forward, this kind of coordination is what will ensure America continues to lead. We’re grateful to our partners at every level who stepped up to make this possible, and we’re excited to see communities witness this next chapter of aviation take flight.”
In addition to its air taxi aircraft, Joby was also selected for applications that include Joby’s Superpilot™ autonomous flight technology platform. Designed to enable highly automated operations over time, Superpilot™ has the potential to further expand the range of use cases partner states can explore under the program.
Joby is participating in the following programs that have been selected as part of the eIPP:
The applications selected today will now progress into an Other Transaction Authority (OTA) stage, where agreements and operational details will be finalized. Flights are expected to commence within 90 days of OTA contracts being finalized.
Joby’s first FAA-conforming aircraft for Type Inspection Authorization (TIA) is set to fly shortly, marking a major step on the path toward Type Certification. The company regularly flies piloted, full-transition flights - taking off vertically, transitioning to wingborne cruise, and returning to vertical landing - as part of a comprehensive real-world flight test program, demonstrating the operational maturity required to participate in the eIPP program.
Joby recently announced plans to scale production to four aircraft per month in 2027, supported by expanded facilities in Marina, CA and Dayton, OH, in order to meet unprecedented global demand for its technology.
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; expected benefits of and operations under the eIPP, including the expected timing and location of such operations; expectations to scale manufacturing to four aircraft per month in 2027; 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, including the expected benefits of our vertically-integrated business model. 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; participation in eIPP projects is subject to the finalization of OTA contracts; 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, 2026, 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.
A piloted Joby electric air taxi flying over Santa Cruz, California earlier this year. (Photo: Joby Aviation)
U.S. President Donald Trump had a call Monday with Russian President Vladimir Putin to discuss the war in Iran and other issues, which according to the Kremlin was a “frank and businesslike” conversation that lasted about an hour.
Here is the latest:
The National Intelligence Council’s assessment in February concluded that neither limited airstrikes nor a larger, prolonged military campaign would be likely to result in a new government taking over in Iran, even if the current leadership was killed.
That’s according to two people familiar with the finding, who spoke on condition of anonymity to describe the classified report.
The determination undercuts the administration’s assertion that it can complete its objectives in Iran relatively quickly, perhaps in a matter of weeks.
A spokesperson for the Office of the Director of National Intelligence declined to comment on the assessment on Monday and referred questions to the White House.
— By Michelle L. Price and Mary Clare Jalonick
▶ Read more about the intelligence assessment on Iran.
The Iranian athletes, who were visiting the country for a tournament, were transported from their hotel “to a safe location” by federal police officers in the early hours of Tuesday morning local time, Australia’s Home Affairs Minister Tony Burke said.
There, they met with Burke and the processing of their humanitarian visas finalized, the minister told reporters in Brisbane hours later.
Trump had said Monday that Australia’s prime minister was helping the Iranian team after Trump urged the U.S. ally to grant the players asylum rather than send them back to Iran.
The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.
Oil prices whipped from nearly $120 per barrel, their highest since 2022, back toward $90.
The S&P 500 fell as much as 1.5% before flipping to a gain of 0.8%. The Dow Jones Industrial Average rose 239 points, and the Nasdaq composite climbed 1.4%. They’re the latest hour-to-hour swings to pummel markets because of uncertainty about how high oil prices will go and how long they will stay there.
The European Union’s economic chief is warning of the threat of stagflation if the war in the Middle East drags on, but says it’s too early to know how great the conflict’s impact will be.
“Stagflation” is a toxic combination of still-high inflation and a weak or stagnant economy. It bedeviled the U.S. in the 1970s, when even deep recessions didn’t kill inflation.
“Persistent targeting of shipping and energy infrastructure risks exposing the global economy to a stagflationary shock over the longer term,” EU Economy Commissioner Valdis Dombrovskis told reporters after a meeting of Eurogroup finance ministers.
But he said that “should the conflict quickly de-escalate, contain disruptions to energy supplies and infrastructure (it) would likely have limited impact.”
“We need to keep a cool head, so to say, and continue to monitor the situation,” he said.
Trump commented as rising oil and gasoline prices caused by the war spark international concern.
CBS News White House reporter Weijia Jiang posted on X that Trump told her over the phone Monday that the war is “very far ahead of schedule.”
“I think the war is very complete, pretty much,” Jiang quoted Trump as telling her. “They have no navy, no communications, they’ve got no Air Force.”
Trump had said the war could last about four weeks. It was launched on Feb. 28.
Asked about the Strait of Hormuz, Trump told Jiang that ships continue to move through the vital shipping channel but that he is “thinking about taking it over.”
Putin’s foreign affairs adviser Yuri Ushakov described the conversation as “frank and businesslike” and said it lasted about one hour.
He said the Russian president “voiced a few ideas aimed at a quick political and diplomatic settlement” of the conflict following his conversations with Gulf leaders and Iran’s president.
Trump offered his assessment of the developing situation, Ushakov said, “in the context of the ongoing U.S.-Israeli operation.” The two leaders had a “specific and useful” exchange of views, and they touched on Venezuela “in the context of the situation in the global oil market,” he said.
Iran’s capital has no citywide system of shelters or sirens to warn residents of incoming U.S. and Israeli strikes, leaving many to take cover in interior rooms and tape up windows to protect against shattered glass, a 41-year-old resident said. He said the city’s subway hasn’t become widely used as a shelter.
Because of Iran’s ongoing internet shutdown, many people there rely on satellite TV, state media and word of mouth for news about the war, he said, speaking on condition of anonymity out of security fears.
—By Shirin Hakim in New York.
Mohammad Raad, the leader of Hezbollah’s bloc in the Lebanese parliament, also slammed the government for criticizing the militant group’s rocket attacks on Israel.
He made the remarks in a televised statement as top government officials urged the international community for a diplomatic resolution that maintains Lebanon’s commitment to disarming Hezbollah.
“Lebanon today is not choosing between war and peace, as some claim,” Raad said, “but between war and submission to the humiliating conditions that the enemy wants to impose on our government.”
“We will fight the enemy with our teeth and nails until we expel them from our land, in fulfillment of our religious duty,” he said.
The head of the International Maritime Organization says they were killed in “recent” attacks on merchant vessels. Arsenio Dominguez spoke earlier Monday and said several other mariners had been injured, “some of them gravely.”
He did not say who was behind the attacks and urged shipping companies to use “maximum caution” in the region. He said all parties must respect the freedom of navigation.
The venue swap for the March 21 inaugural competition featuring numerous NFL players and coaches comes amid the Iran war and travel advisories.
It was slated to be held at Kingdom Arena in Riyadh, but instead will relocate to BMO Stadium, which will be the site where flag football makes its Olympic debut at the 2028 LA Games.
The French president said he started discussing a French-led initiative that will involve European and non-European nations helping to escort oil and gas tankers with the aim of gradually reopening the Strait of Hormuz off Iran “as soon as possible after the most intense phase of the conflict is over.”
Macron said he talked with some other European nations and India about the proposal, during a visit to Cyprus.
“We are preparing this mission with our partners,” he said. The mission’s purpose would be “strictly peaceful and defensive”, he said and would come only when most strikes stop. “It is essential to our economies and to the global economy” to ensure freedom of navigation and maritime security in the region, he said.
The leader of Yemen’s Houthi rebels congratulated Ayatollah Mojtaba Khamenei on being selected as the new supreme leader in Iran, calling it a “significant achievement in these exceptional circumstances.”
In a statement, Abdul-Malik al-Houthi says the group is supporting Iran “against aggression and tyranny” without saying whether the group would join the war.
Iran has long backed Houthis, considered the strongest within Iran’s self-described “Axis of Resistance” that includes Lebanon’s Hezbollah group and Hamas. The Houthis follow a branch of Shiite Islam that is almost exclusively found in Yemen.
Just a few days ago, Father Pierre al-Rai had appeared in a widely circulated video saying that he would not leave the village, despite the escalating conflict between Israel and Hezbollah militants in the border area.
“I am ready to die in my home, because it is my home,” he said in the video, adding that “the only weapons we carry are peace, goodness and love.”
There was no Israeli statement on his death. The Israeli military has issued several broad evacuation warnings telling residents in the area south of the Litani River to leave, as it is carrying out heavy bombardment that it says targets Hezbollah sites.
Residents of Qlayaa protested to demand the Lebanese army increase its presence around the town and prevent armed groups from entering the area, the National News Agency reported.
John Healey said Typhoon jets successfully took out two drones, one over Jordan and the second heading to Bahrain. He did not give more details.
He also confirmed that the first U.S. bomber aircraft landed at an airbase in England on Friday, after the U.K. gave the U.S. permission to use British bases for specific defensive operations.
Healey added Monday the destroyer HMS Dragon would set sail for the eastern Mediterranean “in the next couple of days,” where it would join U.S. air defense vessels.
The two-week school closure would affect about 40 million students in a country of roughly 250 million.
In response to soaring global oil prices, Pakistan is also telling half its state employees to work from home and switching colleges and universities to remote classes.
Prime Minister Shehbaz Sharif also announced a 50% cut in free fuel allocation for government vehicles for the next two months. Government offices, excluding banks, will operate four days a week.
In the CCTV released by Or Yehuda municipality, a man is seen walking next to a road as a huge explosion occurs. The man is then seen falling down, while another person rushes to help him seconds after. The municipality of Or Yehuda said Monday the man was seriously injured.
Dramatic security camera video shows a man walking next to a road as a huge explosion occurs. He then falls, apparently injured, while another person rushes to help him.
On Monday, Israel said another man was killed by Iranian missile fire in the same area, raising the country’s death toll to 11. This marked the first death from missiles in Israel in a week.
A foreign policy adviser to the office of the supreme leader told CNN on Monday that Iran is prepared for a long war with the United States, ruling out that diplomacy could end the conflict that started over a week ago.
“I don’t see any room for diplomacy anymore,” said Kamal Kharazi in an interview from Tehran. “There’s no room unless the economic pressure would be built up to the extent that other countries would intervene to guarantee (the) termination of aggression of Americans and Israelis against Iran”.
President Vladimir Putin on Monday said Russia has “repeatedly warned that attempts to destabilize the situation in the Middle East will inevitably jeopardize” the global energy market, raising prices and limiting supplies.
The Russian leader emphasized that Moscow is a “reliable energy supplier” and will continue to supply oil and gas to “countries that themselves are reliable partners,” like those in the Asia-Pacific region or Slovakia and Hungary in Eastern Europe. Moreover, Russia is “increasing supplies” to its reliable partners, Putin said.
He reiterated that Russia was pondering diverting gas supplies from the European Union, where a full ban on Russian gas from 2027 was agreed, to other markets, but added that if “European buyers” change their mind, Moscow was ready to work with them.
Mourners carry the bodies of Hezbollah fighters who were killed by Israeli airstrikes during their funeral procession in Khraibeh village, eastern Lebanon, Sunday, March 8, 2026. (AP Photo/Bilal Hussein)
Israeli tanks are parked in a staging area in northern Israel near the border with Lebanon, Israel, Sunday, March 8, 2026. (AP Photo/Ariel Schalit)
This image taken from video provided by Iran state TV shows Mojtaba Khamenei, a son of Iran's slain supreme leader, who has been named as the Islamic Republic's next ruler, authorities announced Monday, March 9, 2026. (Iran state TV via AP)
Flames rise from an oil storage facility south of the capital Tehran as strikes hit the city during the U.S.–Israel military campaign, Iran, Saturday, March 7, 2026. (AP Photo/Vahid Salemi)
