Joby AviationJOBY
▲ PositiveTechnologyrelevance
Joby progresses toward FAA certification and eVTOL flights, with manufacturing scaling and a Toyota JV.
Impact on assets 3
Advanced Air Mobility (eVTOL)
Joby AviationRobotics & Physical AI
Uber Technologies IncUBER
▲ PositiveDemandrelevance
Uber plans to offer Uber Air powered by Joby, expanding its mobility services.
Electrification & Mobility
Toyota Motor Corp.7203
▲ PositiveCapitalrelevance
Toyota formed a manufacturing JV with Joby, holding 51% stake, indicating strategic investment.
Theme Impact 1
Off-coverage companies
Related news
United Kingdom
United 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 Kingdom
Japan▼
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.
JapanUnited States
AustraliaSkyDrive Appoints Former Toyota and Airbus Executives to Leadership Roles
SkyDrive Inc. has appointed former Toyota executive Taiji Ono as executive vice president and head of global business, and former Airbus executive Gonzalo Ramos as global commercial officer. Ono, who spent nearly 17 years at Toyota Motor Corporation before serving as chief strategy officer at a data platform company, will oversee global business strategy, commercial models and sales strategy, including public-private partnerships in Japan. Ramos, who brings over 22 years of experience in commercial aviation, aircraft leasing and Advanced Air Mobility, including almost 18 years at Airbus, will lead commercial expansion in the United States, Middle East, Europe and Australia, driving aircraft sales contracts and post-delivery maintenance, repair and overhaul support. SkyDrive says it has partnered with airlines, operators, local governments and business partners across 10 countries, and that pre-orders and letters of intent for its SKYDRIVE SD-05 model total 451 aircraft. The company is pursuing type certification with the Japan Civil Aviation Bureau and the U.S. Federal Aviation Administration, with the aim of launching the aircraft into service in 2028.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs ▲Talent
Aerospace & Aviation › Airframe OEMs Talent
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs Talent
スカイドライブ · Regulation · Positive SkyDrive is pursuing type certification with the Japan Civil Aviation Bureau and the U.S. FAA toward a 2028 service launch.
スカイドライブ · Demand · Positive SkyDrive reports 451 pre-orders and letters of intent for its SKYDRIVE SD-05 aircraft, a concrete product-demand signal.
United StatesJoby Aviation Completes First Fully Autonomous 3,199-Mile Cross-Country Flight
Joby Aviation reported that its autonomy-equipped converted Cessna Caravan completed the first-ever fully autonomous 3,199-mile flight across the United States, remotely supervised from up to 2,323 miles away while autonomously handling taxi, takeoff, routing, and landing and integrating into busy airports. The cross-country mission, part of Joby's 2026 Electric Skies tour, highlights how the company's mature autonomy stack could underpin future freight, medical, disaster-response, and defense logistics operations on already-certified airframes. The milestone does not directly change the near-term certification catalyst for piloted air taxis or the key risk around elevated cash use and potential dilution. The announcement most connected to the milestone is Joby's recent S-1 filing for up to US$750 million of new equity, which underscores the near-term financing question around supporting certification, manufacturing ramp, and a broader autonomy roadmap. Joby's narrative projects $718.3 million revenue and $44.9 million earnings by 2029, requiring 83.5% yearly revenue growth and a $923.1 million earnings increase from -$878.2 million today, while more cautious analysts assumed about 141.5% annual revenue growth to roughly US$319.0 million by 2029.
About megatrends
Advanced Air Mobility (eVTOL) › Passenger eVTOL OEMs Technology
Advanced Air Mobility (eVTOL) › Piloted Western Air-Taxi OEMs Technology
Advanced Air Mobility (eVTOL) › Autonomous / Pilotless eVTOL ▲Technology
Robotics & Physical AI › Civil Drones & UAV Technology
Advanced Air Mobility (eVTOL) › Cargo & Delivery Drone Systems ▲Demand
Advanced Air Mobility (eVTOL) › AAM Propulsion, Avionics & Supply Chain Technology
JOBY · Technology · Positive 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.
JOBY · Capital · Negative The milestone does not change the near-term certification catalyst or the key risk around elevated cash use and potential dilution, underscored by the recent S-1 filing for up to US$750 million of new equity.