• Piloted Flights Completed Earlier this Month at Japan’s Fuji Speedway Mark Joby’s Fourth International Demonstration of the Year

SANTA CRUZ, Calif. / Dec 15, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the successful completion of its final international flight demonstration of 2025, at the Fuji Speedway in Japan. The week-long campaign marks the culmination of a year filled with extensive flight activity and operational maturity worldwide.

Conducted in collaboration with Toyota Motor Company, the campaign included 14 piloted flights and marks a successful end to a year defined by more than 850 flights across Joby’s electric air taxi fleet that has now flown over 50,000 miles. This 2.6x increase in operational tempo over the previous year has been crucial to validating the aircraft design and manufacturing processes required to achieve FAA (Federal Aviation Administration) Type Certification, and lays the foundation for Joby’s goal of carrying its first passengers in 2026.

“2025 saw the most extensive and rigorous flight testing in our history,” said James “Buddy” Denham, Chief Test Pilot at Joby. “Flying in active, controlled airspace in three countries this year - from the California coastline to the iconic Fuji Speedway and the deserts of Dubai - has been a powerful showcase of Joby’s operational maturity.”

Global Operational Milestones

The Fuji flights are the capstone of a year of full-transition, piloted flights that spanned key global markets and demonstrated Joby’s depth of operational maturity:

• USA, UAE, Japan: Joby’s aircraft flew in three countries, including 41 flights at the World Expo 2025 in Osaka, Japan, and 21 flights in the UAE as part of an environmental and operations test campaign this summer. Joby was also the only electric vertical takeoff and landing (eVTOL) aircraft to fly in the weeklong Dubai Airshow this year.
• Flights Between Public Airports: Joby completed several point-to-point flights this year in preparation for commercial operations. The first was between Marina (OAR) and Monterey (MRY), two public airports with active commercial operations. The second took place between Marina and Salinas (SNS) as part of Joby’s participation in the California International Airshow. Joby then completed the first piloted point-to-point air taxi flight in the UAE, from its test facility in Margham to Al Maktoum International Airport (DWC) in the lead up to the Dubai Airshow.
• Future Technology Demos: Joby successfully flew its turbine-electric demonstrator aircraft three months after the concept was announced, showcasing the speed of dual-use development. Joby’s Superpilot™ autonomous flight technology also logged more than 7,000 miles of flight in a major US defense exercise over the Pacific Ocean.

Real-World Performance Data

Joby’s electric air taxi flights covered more than 9,000 miles in 2025 and supported the completion of more than 4,900 test points. The flight data and insights accumulated this year are directly supporting the final stages of Joby’s FAA certification efforts, including the compliance data needed to begin Type Inspection Authorization (TIA) flight testing in 2026.

As well as validating performance and readiness of aircraft deployment, this work supported the finalization of operating and maintenance manuals in preparation for TIA. Joby’s flight test strategy has shown that its aircraft is already performing within FAA airworthiness standards as the company moves into the final stage of commercial regulatory approval.

In addition, Blade Urban Air Mobility’s operational milestone at this year’s Ryder Cup in New York advanced Joby’s mission by providing invaluable data and experience for scaling high-tempo passenger logistics ahead of launching its electric air taxi service. During the four-day event, Blade transported over 2,500 people from the New York metro area to the Ryder Cup in one of the largest multi-day civilian helicopter movements in U.S. history.

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 expectation to begin TIA flight testing and carry our first passengers in 2026; our business plan, objectives, goals and market opportunity; 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.