The notes will be senior, unsecured obligations of Joby and will accrue interest at a rate of 0.75% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, beginning on ...
eVTOLs are flying air taxis focused on alleviating congested, high-traffic transportation routes. The U.S. military has also expressed interest in leveraging low-altitude eVTOLs for stealth missions.
SANTA CRUZ — Santa Cruz-based company Joby Aviation has filed a lawsuit against competitor Archer Aviation Inc. and former Joby employee George Kivork, alleging corporate espionage. Kivork, who served ...