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Joby Aviation burns over $200 million per quarter, but expects cash flow to last 2-3 years.
Electric vertical takeoff and landing (eVTOL) developer Joby Aviation has a quarterly free cash outflow exceeding $200 million. However, the company doubled its total liquidity through a $576 million equity offering in Q4 2025 and a $600 million equity offering coupled with a $690 million convertible debt offering in Q1 2026. Joby anticipates its cash flow can sustain operations for the next 2-3 years, which should be sufficient to support its goal of obtaining full FAA certification for its S4 eVTOL and commencing initial commercial flights by the end of 2026.
Source：Yahoo财经 · Source Link
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