Joby AviationJOBY
▲ PositiveTechnologyCapitalrelevance
Joby's autonomy-equipped Cessna Caravan completed the first fully autonomous 3,199-mile cross-country flight, validating its autonomy stack for future freight, medical, and defense logistics.
Impact on assets 2
Advanced Air Mobility (eVTOL)
Joby AviationEnergy Transition & Power Demand
Central Holding Group Co Ltd1735
Mentioned
Theme Impact 6
Passenger eVTOL OEMsAdvanced Air Mobility (eVTOL)
Piloted Western Air-Taxi OEMsAdvanced Air Mobility (eVTOL)
Civil Drones & UAVRobotics & Physical AI
Autonomous / Pilotless eVTOLAdvanced Air Mobility (eVTOL)
Cargo & Delivery Drone SystemsAdvanced Air Mobility (eVTOL)
AAM Propulsion, Avionics & Supply ChainAdvanced Air Mobility (eVTOL)
Off-coverage companies
Related news
United States
Japan▼
Barclays Cuts Joby Aviation to Underweight, Shares Fall Nearly 9%
Barclays cut Joby Aviation to an Underweight rating, citing concerns about manufacturing capacity and cash burn, and the stock dropped nearly 9% on October 9 toward two year lows. The shares trade at $5.44, with the 1-day share price return down 5.39%, the 7-day move down 8.57%, the past month down 14.87%, the 90-day share price return down 27.27%, and the year to date share price return down 62.12%. Longer term holders have absorbed a 1-year total shareholder return decline of 66.58% and a 5-year total shareholder return decline of 37.18%, while the 3-year total shareholder return shows a smaller 12.54% decline. The company is investing heavily ahead of broad commercial adoption, including scaling manufacturing with Toyota, building out facilities in Marina and Dayton, and preparing global operations, which could keep cash use high and delay earnings leverage if real air taxi demand or pricing power falls short of expectations. Joby Aviation currently trades on a P/S of 46.3x, far above both the estimated fair ratio of 2.7x and the Global Airlines average of 0.5x.
About megatrends
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs ▼Capital
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▼Capital
United KingdomUnited States▼
Vertical Aerospace Fair Value Cut to US$6.92 as Analysts Trim Targets
Vertical Aerospace's modelled fair value per share has fallen from US$7.88 to US$6.92 as analysts recalibrated their assumptions following recent company updates. Deutsche Bank kept a positive rating but cut its price target to US$5, down from US$8 and previously US$12, while Canaccord maintained a Buy rating with a reduced US$9 target, down from US$10.50, after Q2 results and management updates on progress toward the Valo CDR. Barclays moved the stock to Equal Weight from Underweight but lowered its target to US$1 from US$2, leaving Wall Street targets spread between US$1 and US$9. In the updated model, forecast revenue growth shifted from 275.61% to 247.81%, net profit margin moved from 9.31% to 9.35%, future P/E changed from 252.90x to 288.29x, and the discount rate rose from 8.53% to 8.60%.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▼Capital
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs ▼Capital
EVTL · Capital · Negative Analysts cut Vertical Aerospace's fair value and price targets (Deutsche Bank to $5, Canaccord to $9, Barclays to $1) after Q2 results and Valo CDR updates.
BARC.LSE · Capital · Neutral Barclays moved Vertical Aerospace to Equal Weight from Underweight and lowered its target to $1, but this is a passing analyst action, not news about Barclays itself.
DBK.XETRA · Capital · Neutral Deutsche Bank kept a positive rating but cut its Vertical Aerospace price target to $5 from $8; only a passing mention, not news about Deutsche Bank.
Canaccord Genuity Group Inc. · Capital · Neutral Canaccord maintained a Buy rating with a reduced $9 target on Vertical Aerospace; only a passing mention, not news about Canaccord itself.
United States▼
Vertical Aerospace Files Patent Counterclaim Against Archer Aviation Over Midnight eVTOL
Vertical Aerospace Group Ltd. has filed a patent infringement counterclaim against Archer Aviation over its Midnight eVTOL aircraft. The filing alleges that Archer's Midnight design and certain subsystems infringe multiple Vertical Aerospace patents covering eVTOL technology. Vertical Aerospace is seeking court orders that could restrict production or sales of Midnight and is requesting monetary damages from Archer. The key development to watch is whether the Eastern District of Texas court grants or denies Vertical Aerospace's request for an injunction restricting Midnight-related activities, a decision that could signal how much near-term operational disruption Archer Aviation might face. Archer Aviation designs electric aircraft and related systems for both commercial and defense customers, and any injunction could limit its ability to produce or deliver the Midnight platform and delay when it can turn its order book into revenue.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▼Competition
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs ▼Competition
ACHR · Regulation · Negative Vertical Aerospace's patent counterclaim seeks an injunction that could restrict production or sales of Archer's Midnight eVTOL and delay revenue.
EVTL · Regulation · Positive Vertical Aerospace filed the patent infringement counterclaim against Archer over Midnight, seeking an injunction and monetary damages.
United States▼
Jury Orders Joby Aviation to Pay $116.9 Million in Trade Secrets Case
A federal jury in Tampa, Florida, found that air taxi startup Joby Aviation owes roughly $116.9 million to aviation supplier Aerosonic after it allegedly breached a confidentiality agreement and mishandled trade secrets. The verdict, reached on October 2, breaks down into more than $48 million for misappropriating trade secrets and more than $68 million for breaking a nondisclosure agreement. Aerosonic, based in Clearwater, Florida, sued Joby last year after selling it air data probes that measure pressure around an aircraft, claiming Joby used its proprietary designs and data to develop its own probes in about two years, a process Aerosonic said would have taken around a decade without its trade secrets. Joby, based in Santa Cruz, denied the accusations and said it independently developed its air data system through years of its own engineering and manufacturing work, adding that it has asked the court to overturn the verdict and intends to pursue all available post-trial and appellate remedies. The jury also rejected a countersuit by Joby accusing Aerosonic of selling it defective probes, and the verdict is not finalized and remains subject to post-trial motions or appeals.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▼Competition
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs ▼Competition
Advanced Air Mobility (eVTOL) › AAM Propulsion, Avionics & Supply Chain Competition
JOBY · Regulation · Negative Federal jury found Joby breached a confidentiality agreement and misappropriated Aerosonic's trade secrets, ordering it to pay ~$116.9 million.
Aerosonic · Regulation · Positive Jury awarded Aerosonic over $116.9 million after finding Joby misappropriated its trade secrets and broke a nondisclosure agreement.
United StatesUnited KingdomJapan▼
Vertical Aerospace Gets NYSE Notice Over Sub-$1.00 Share Price
Vertical Aerospace has received a continued listing standard notice from the New York Stock Exchange after its ordinary shares fell below the required minimum average closing price of $1.00 over the preceding 30 consecutive trading days. The notice, dated September 9, 2026, does not immediately affect the listing of Vertical's ordinary shares, which will continue to trade on the NYSE under the ticker EVTL, and the company said it is not anticipated to have any impact on ongoing business operations. Vertical said it intends to regain compliance and is considering all available options, and it can cure the deficiency at any time during a six-month cure period if, on the last trading day of any calendar month in that period, the shares close at least $1.00 and average at least $1.00 over the trailing 30 trading days. Vertical Aerospace is a Bristol, UK-based developer of electric vertical take-off and landing aircraft, with roughly 1,500 pre-orders for its four-passenger Valo aircraft from customers including American Airlines, Avolon, Bristow, GOL and Japan Airlines.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▼Capital
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs ▼Capital
EVTL · Regulation · Negative NYSE continued-listing notice after shares fell below the $1.00 minimum average closing price, threatening delisting if not cured within six months.
Japan▲
SkyDrive to Study Turning Osaka's 146 Rooftop Emergency Landing Sites into eVTOL Vertiports
SkyDrive Inc. announced it will launch a feasibility study to repurpose the 146 existing rooftop emergency landing sites in Osaka City as eVTOL vertiports, part of the Cabinet Office's Super City Initiative. The project will be conducted with partners including Osaka Prefecture, Osaka City, Osaka Metro, Kansai Electric Power Co. Inc., Chodai Co. Ltd., and the Organization of Airport Facilitation, with Osaka Metro serving as leader and SkyDrive handling survey design and Civil Aeronautics Act compliance. The study will verify surrounding airspace and obstacle limitation surfaces, survey wind and noise impacts from surrounding buildings, assess floor load capacities and charging infrastructure for repurposing the sites into alternate vertiports, and draft coexistence rules with authorities including the Osaka Municipal Fire Department. The 146 rooftop sites, marked with an H and required on buildings over 100 meters tall under local fire safety regulations, are currently limited to emergency disaster relief, and securing commercial passenger transport permits for them remains a significant regulatory challenge. SkyDrive and Osaka Metro are working toward commercial launch of eVTOL services by approximately 2028 within Osaka Prefecture and Osaka City, areas designated as Super City National Strategic Special Zones.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▲Regulation
Advanced Air Mobility (eVTOL) › Vertiport Infrastructure & Airspace Integration ▲Regulation
Robotics & Physical AI › Civil Drones & UAV Regulation
スカイドライブ · Regulation · Positive SkyDrive leads survey design and Civil Aeronautics Act compliance work in the Osaka vertiport feasibility study, advancing its eVTOL commercial launch path.
大阪メトロ · Regulation · Positive Osaka Metro serves as leader of the feasibility study to repurpose 146 rooftop sites into eVTOL vertiports toward 2028 commercial launch.