With growing excitement about flying cars, Joby Aviation (JOBY) is soaring.

And the run is still far from over — especially with President Trump signing executive orders intended to make flying cars a reality. 

“Flying cars are not just for the Jetsons,” Michael Kratsios, a lead tech policy advisor at the White House said, as quoted by Fox News. Since the beginning of his first term, President Trump has recognized the incredible potential of drones to boost American productivity, create high-skilled jobs and meet national needs in areas like public safety, infrastructure, inspection, agriculture and more. But, for too long, red tape has hindered homegrown drone innovation, restricting commercial drone use and burdening their development.”

Helping, optimism continues to build around the idea of personal air mobility and short-distance air taxis. As more people imagine commuting over traffic in clean, quiet eVTOLs, investors are piling into companies like Joby that could turn this vision into reality.

Second, the company just inked a deal with Abdul Latif Jameel to explore opportunities to establish a distribution agreement in Saudi Arabia for Joby’s electric aircraft. 

Even better, Toyota just invested $250 million in JOBY to support certification and commercial production of its electric air taxis.

Sincerely,

Ian Cooper