Where Will Joby Aviation Be in 10 Years?
Joby Aviation (NYSE: JOBY) is one of the highest-potential companies in industrials today, building an entirely new way to get from Point A to Point B in cities around the world. Not only is the company developing a novel vertical take-off and landing vehicle, it's building an entirely new business model.
A decade from now, this will either be a company that failed to get off the ground, or a disruptive force in transportation. Let's look at what the path forward looks like.
The company is nearing completion of its testing program and is on the way to launching a short-distance air taxi service in Dubai in 2025. Recent guidelines from the FAA also pave the way to rules for pilots, and the company has nearly completed three of five stages of testing, moving forward with testing and analysis right now.
Source Fool.com
