Americas

Joby reports 2022 loss as it aims for FAA eVTOL approval

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Joby reports 2022 loss as it aims for FAA  eVTOL approval

Joby Aviation has reported a net loss of almost $67 million after ending 2022 with $1.1bn in cash and short-term investments, including an up-front equity investment of $60 million by Delta Air Lines. The loss, which was $72 million lower than in 2021, stemmed mostly from "operating expenses", Joby ...

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