## Joby Aviation News for May 28, 2025
### 1. Joby Closes $250 Million Investment from Toyota
Joby Aviation announced the successful closing of the first $250 million tranche of a previously reported strategic investment from Toyota Motor Corporation, finalized on May 27, 2025. This substantial funding strengthens the collaboration between Joby and Toyota, focusing on the certification and commercial production of Joby’s electric air taxi. The investment aims to support Joby’s goal of scaling manufacturing and integrating Toyota’s expertise to deliver next-generation air mobility solutions. Leadership from both companies emphasized the milestone as a key step toward a strategic manufacturing alliance, advancing their shared vision for global air taxi services[2][4].
### 2. Recent Testing and Certification Progress
– Joby recently flew two of its aircraft simultaneously as part of testing milestones, furthering its journey toward FAA type certification.
– The company also reported its second consecutive quarter of record certification progress, reflecting advancements in structural testing and other regulatory milestones[1][4].
### 3. Expanded Global and Strategic Partnerships
– Joby continues to develop global partnerships, including earlier collaborations for UK air taxi networks and expansion into new markets.
– The company’s strong financial position, bolstered by fresh funding, places it among the stronger contenders in the eVTOL (electric vertical takeoff and landing) industry as other players face consolidation[3].
For the most up-to-date and official statements, visit Joby Aviation’s news page[1].