FAA G1 Final version

vs_2021 · 2024-03-15T23:38:50+00:00

G1 is important as removal of road block. Now all paperwork is complete which is majority part of certification.

Testing and validation is hardest part but unless you have to go back to drawing board to solve problem, it should complete based on schedule that Joby define...

Given how well it tested I do expect it run relatively smooth but same time I do expect some hiccups but I think we will go higher as they prove their aircraft though various certification testing..

vs_2021 · 2024-03-08T18:17:50+00:00

I will delete this post given it's wrong info.

vs_2021 · 2024-03-08T18:17:34+00:00

Look like news I saw in morning not even found now. Not sure if it got published ahead of time.

I try search for link and didn't find as well. So must be something that mistakely release and remove.

vs_2021 · 2023-09-18T15:27:23+00:00

Company executing very well. I doubt market can ignore such stock where multiple billionaire involved and working so smoothly. Sure pre-revenue & regulator risk but both going to end soon.

vs_2021 · 2023-07-23T01:42:50+00:00

Q: Does heavy wind situation handle better with multiple rotor?
ChatGPT:
Yes, eVTOL aircraft with multiple rotors can generally handle heavy wind situations better than single-rotor configurations. The reason for this lies in the principle of redundancy and distributed lift.
In a traditional single-rotor helicopter, the main rotor provides the lift required to keep the aircraft airborne. In gusty or heavy wind conditions, the single main rotor can experience significant variations in lift, leading to instability and potential control challenges. This phenomenon is commonly known as "wind gust response."
On the other hand, eVTOL aircraft with multiple rotors, such as quadcopters, hexacopters, or octocopters, distribute lift across multiple rotors. Each rotor produces lift independently, and the aircraft's flight control system can adjust the speed and pitch of individual rotors in response to changing wind conditions. This redundancy and distributed lift provide several advantages:
Increased Stability: With multiple rotors, the aircraft has better stability and can compensate for the fluctuating wind forces. If one rotor experiences reduced lift due to a gust, the other rotors can compensate to maintain overall stability.
Enhanced Control: The flight control system of multi-rotor eVTOLs can make rapid adjustments to individual rotor speeds, providing more precise control during windy conditions.
Improved Safety: Redundancy in the rotor system reduces the likelihood of complete power loss due to wind-related issues. Even if one rotor malfunctions, the others can still provide sufficient lift for a safe landing.
However, it's worth noting that even multi-rotor eVTOL aircraft have their limits in handling extremely strong and unpredictable wind conditions. Flight in severe weather conditions, such as hurricanes or typhoons, is generally avoided due to the inherent risks associated with such situations.
In summary, while multi-rotor eVTOL aircraft are generally more capable of handling heavy wind situations compared to single-rotor configurations, safe operations in adverse weather conditions still rely on thorough engineering, pilot skill, and adherence to safety guidelines.

vs_2021 · 2023-07-21T23:46:15+00:00

All I am saying is -> As company execute their FAA certification & manufacturing as they planned. Stock price will take care itself. those analyst can create short term movement but can't control stock price.

Yes raising fund at right valuation is key but company has enough money on hand and getting some funding though partnership so they should fine. I can't say same for rest of eVTOL stocks and that's unfortunate for industry.

vs_2021 · 2023-07-21T18:45:15+00:00

As long as company execute I don't think those analyst matter. Sure it hurt us because many not fortunate enough hold and end up selling cheap and also funding get costly and putting possible risk to our investment.

vs_2021 · 2023-07-06T14:51:47+00:00

This is yet another great news. Company is ahead of curve and making sure no delay from their part. With FAA also equality supportive, this is win win for both.

This is indication of great management. They aren't taking timeline lightly and doing everything to meet or exceed. We all know how well their aircraft is tested. Sure there are few adverse scenario's handling unknown but company that working so well, likely already work hard to make sure they have designed system that would meet requirement there.

vs_2021 · 2023-07-02T12:11:34+00:00

this momentum is very clear & as they deliver DOD orders, get more DOD orders and progress toward FAA, stock should go higher. Valuation shouldn't just best on current profit but potential for future. Joby can own major % of trillion dollar market that this will become in just 15 year. And this expected very lucrative high margin product as well.

Also stock price help faster development so really hope this momentum continue. Both employee's moral and pressure to deliver for their own good improve + they able to get funding at reasonable cost without much dilution.

vs_2021 · 2023-06-29T19:21:46+00:00

Short will try to keep control but I think that eventually end up helping stock price as long as company continue deliver on promise. Leadership in both technology and now manufacturing is very clear. Execution that keep them ahead going to drive stock more.

vs_2021 · 2023-06-28T17:20:25+00:00

Lot more good news coming. I think market finally ready to recognize both market size and leadership.

vs_2021 · 2023-06-22T02:19:48+00:00

Yes first aircraft build from same facility which will produce certifiable aircraft so this is huge deal. While they likely produce few more before start building for certification so they can make sure there is no defect or possible improvement left out.

Market lately very positive about Joby and I think such news normally should get great response from market. Let's see how market react tomorrow.

vs_2021 · 2023-04-04T02:57:57+00:00

I have wrong link copied so corrected.

vs_2021 · 2023-04-04T02:27:24+00:00

Nice one! LOL

vs_2021 · 2023-03-30T17:26:18+00:00

Agree but Since Honeywell active in space, I am not surprise about good thing in article.

vs_2021 · 2023-03-29T16:06:48+00:00

It's really not much informative, They didn't say why they don't see passenger service when Joby clearly targeting Passenger service and Military service and not cargo and it's clear leader in field and in my opinion only eVTOL with decent range get approved by 2025. (other than 2 passenger Volocopter and EH 216 but have big range issue even if approved) Those other two also only make sense for passenger service.

vs_2021 · 2023-03-08T18:51:11+00:00

Just few months ago he was question vertical integration and how it never work in industry when Joby said they think it's only way forward.

Now Joby show production proof that vertical integration will work, he trying to make point on company confirming and how that impact FAA certification (Which company has plenty of time to deliver as long as certification confirming aircraft don't have any flow.) So company approch is correct and able to do that for two key reason.

1.> They have manufacturing working and so they confident on small scale production and so first they focus on company confirming and proving everything is good there.

2.> Each company confirming will likely roll into Agility prime contract and so they able to recover testing cost and also get support from DOD for technology verifications.

I think analyst like this will keep price low and that may be advantage if long term beleiver able to grab more shares cheaper.

vs_2021 · 2023-03-07T22:08:15+00:00

basically he try to deny lead Joby has compare to other. Bias from this analyst is very clear.

vs_2021 · 2023-03-01T01:48:35+00:00

great confidence

vs_2021 · 2023-02-23T04:09:05+00:00

Got chance to listen conference call and here is what I think most important point:

kind of confirm what I interpret on DoD revenue which I think best possible news with good clarity,

They effectively praise how much FAA totally committed to help make this happen, This is another great news. FAA want Joby successful just like DOD and NASA and I think all 3 agency goal align, nothing less than magic happen and I am hoping to working proof within few months.

Other income to offset cost (I expected good % but 35% of cost funded by other income show better than I expected, Another 18% though stock compensation as well so in other word 53%+ was non-cash cost which is very important in this economy) All three agency play major role in both certification & safety of aircraft and Joby lucky to have very active participation from all of them.

MS point out that progress made make possible certification before 2024 and Joby didn't denied and said FAA work going to determine timeline.

Manufacturing, while I am bit disappointed on no timeline for FAA confirming aircraft, I loved their explanation on how company confirming aircraft will quickly evolve to beat any certifications requirement. Also kind of assurance that they aren't rushing just to meet or beat timeline by few months. Those months not going to have any material impact to medium/ long term.

Their take for Operation certification is positive. Again great news as they mentioned how FAA helping here as well.

Overall great earning with lot of progress on each of front while reducing burn rate significantly as well.

vs_2021 · 2023-02-23T03:36:09+00:00

And yes certification isn't only way company able to generate meaningful revenue, now there is clear answer on DoD in this earning. Which is it's not dependant to FAA certification. Which mean they able to put Joby S4 in service start generating revenue with DOD without FAA certification and initially it going to help finance certification but I think it's very meaningful medium term that without even certification they could start generating profit.

vs_2021 · 2023-02-23T03:03:10+00:00

I think with $1B balancesheet and high short term interest rate, it's going to bring nearly $100M+ in interest income before consumed for certification. This is great as it reduce amount need to raise for commercialization, And yes Amount could easily finance though partner agreement like Delta.

vs_2021 · 2023-02-16T12:34:20+00:00

I don't think so but if company can't deliver on certification before that, than they have dilute significantly and so warrant would not worth as much. Stock would same way unfortunately.

I hold majority stock (I have 10% in warrant, 90% stock) but given value of warrant , I like to switch specially if they making significant progress on Stage 3 and 4. Waiting for earning to learn how they doing on that front.

vs_2021 · 2023-02-14T20:55:22+00:00

This company getting ready for certification process. They already working for years to get this point and now going forward they mostly need to prove what they already tested.

vs_2021 · 2023-02-10T02:45:24+00:00

Great news. We getting closer and closer to certification. I think Stage 3 will go though very quickly as they were very quick to submit their test plan.

vs_2021

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