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Joby's First Conforming Aircraft Heads to Final Assembly in Preparation for TIA Flight Testing

1. JOBY prepares for final assembly of its first conforming aircraft for TIA. 2. This aligns with FAA standards and critical initiatives for JOBY's air taxi development.

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Why Bullish?

The progress towards TIA flight tests signals operational advancements. Similar successful FAA approvals have historically boosted aviation stocks, indicating positive market sentiment.

How important is it?

The announcement marks a key milestone for JOBY in regulatory compliance and operational readiness, essential for market positioning.

Why Short Term?

The imminent final assembly and testing phase could influence investor confidence quickly, echoing positive market reactions to testing progress in comparable companies.

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SPCEHAEEADSY
SANTA CRUZ, Calif.--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it is preparing for final assembly of its first conforming aircraft intended for Type Inspection Authorization (TIA) flight tests. TIA flight testing of a conforming aircraft is a convergence of three critical initiatives within Joby that are aligned with the Federal Aviation Administration (FAA) standards: 1) relevant test plan approval.

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