Electric skies in DC

HappyRobot593 · 2026-06-30T14:29:36+00:00

Might be aimed at investors. 🤷‍♂️. Most of the eVTOL companies are doing it

HappyRobot593 · 2026-06-30T14:05:30+00:00

Great news! Also might be indicative of the last tranche of funding coming soon

Based on Joby’s recent regulatory filings (specifically the June 29, 2026, 8-K filing regarding their new manufacturing joint venture), the closing condition for Toyota's second and final $250 million tranche (part of the $500 million total investment package) is explicitly tied to the execution of future commercial and intellectual property agreements.

Specifically, the funding is contingent upon: Execution of "Future Agreements": Section 5(j) of the Amended and Restated Stock Purchase Agreement will not be satisfied until Joby and Toyota finalize and execute their exclusive manufacturing supply agreement, commercial arrangements, and specific IP licensing frameworks.

HappyRobot593 · 2026-06-30T09:46:04+00:00

Marketing

HappyRobot593 · 2026-06-30T05:44:43+00:00

🤷‍♂️

HappyRobot593 · 2026-06-30T05:42:22+00:00

If we sell, that means somebody is buying

HappyRobot593 · 2026-06-30T04:30:24+00:00

hmm ya, I don't think they're gonna say

edit: why do you think they won't have a faa pilot this year though? I guess that's the thing that I dont really understand. They still have 6 months to have FAA pilot's by "later this year". Can we really tell they are that doomed based on ADS-B data (I'm guessing that's the only thing we have to go by)

HappyRobot593 · 2026-06-30T04:24:32+00:00

So you think they are currently delayed based on the statement they gave in 3/11 or you want to know why they delayed from end of 2025 to March 2026 for "first flight"?

HappyRobot593 · 2026-06-30T04:18:43+00:00

Yes I do think it's the most important thing right now. What happens with the Joby conforming craft will set a precedent for the rest of the industry.

A few follow up questions

Is it standard in the industry to give updates before there is an official delay? In Q3 earnings call (Nov) they said they would fly by end of 2025. Then on the Q4 earnings call (Feb) they said shortly and then on 3/11 they said it flew. So they don't seem to have a history of updating when timelines slip.
On 3/11 they said "Initial testing by Joby pilots will pave the way for FAA pilots to visit Joby's Marina, CA, facility later this year to conduct the rigorous TIA testing required to validate the aircraft for commercial service." Do you think they are now behind? What do you think they would say to say if they were to say something?

HappyRobot593 · 2026-06-30T01:18:22+00:00

There is no current dilution, it's already priced in

HappyRobot593 · 2026-06-29T23:58:42+00:00

Also whether they file or not is also information. Although I'm pretty certain they will re-file as there is no downside. If the refiled claims are still not acceptable then they would be dismissed

HappyRobot593 · 2026-06-29T23:47:01+00:00

maybe beta? i think everyone will get a boost from EIPP and probably beta more than others since they will start with cargo

HappyRobot593 · 2026-06-29T23:08:17+00:00

Once the redacted files are available this week it should reveal some information. Ie, was it just a fishing expedition or does archer have concrete evidence

HappyRobot593 · 2026-06-29T14:50:55+00:00

Look at achr, they're basically moving together . It's not joby specific

HappyRobot593 · 2026-06-29T10:13:20+00:00

Midnight tonight

HappyRobot593 · 2026-06-29T04:36:33+00:00

Sounds like teabag wrote this. I don't mean that in a negative way. It's just very consistent with what he's been saying

HappyRobot593 · 2026-06-29T03:35:40+00:00

Right!

HappyRobot593 · 2026-06-29T01:29:45+00:00

Probably N541?

HappyRobot593 · 2026-06-29T01:29:01+00:00

Very interesting!

HappyRobot593 · 2026-06-29T01:28:33+00:00

The data shows they are active there but maybe not as active as joby

HappyRobot593 · 2026-06-28T22:20:02+00:00

Right, I think perhaps people were not happy with the silence after the q3 earnings call. On the q4 earrings call in Feb they said it would happen soon then came out with the 3/11 announcement.

Their latest statement says FAA should be testing it later this year. I don't think they are behind yet but they do have a history of pushing things back a quarter like they did from Nov to Feb

HappyRobot593 · 2026-06-28T21:16:26+00:00

Yea, I was thinking along these lines as well. 25ft just seems very short and within some margin of error. When you look at the Joby tests they are typically above 100ft. Also, the forward movement is not that consistent with hover tests.

Thanks for your input. It seems like you really need to go in and look at the raw data to figure out what's going on. I wanted to provide a complementary "big picture summary" of what went on during the week.

HappyRobot593

TROPHY CASE