JOBY

Cluster: UAE Air Taxi Launch and Vertiport Network

Commitment: November 19, 2025: Under a six-year exclusive agreement, Joby will start air taxi operations in Dubai in 2026, updating earlier Dubai launch statements.

✅ On Track | Certainty: 95%

Analysis: Multiple November updates confirm exclusivity and 2026 start. Newer evidence (Nov 17–19, 2025) supersedes any earlier ambiguity on exclusivity and timing.

Progress:

• A recent update from 2025-11-17 confirms a six-year exclusive agreement with Dubai’s RTA and a 2026 launch; operational readiness showcased with a first point-to-point piloted UAE flight and daily Dubai Airshow demos (newer evidence supersedes earlier statements).
• A recent update from 2025-11-19 reiterates planned Dubai operations in 2026 within a broader regional expansion context.

Commitment: November 17, 2025: Joby will add three vertiports in Dubai at Dubai Mall, Atlantis the Royal, and American University of Dubai with RTA and Skyports.

✅ On Track | Certainty: 95%

Analysis: The specific sites and partners were confirmed; ongoing Airshow operations indicate execution momentum.

Progress:

• A recent update from 2025-11-17 confirms the three vertiport locations and partners (RTA, Skyports), alongside daily Airshow demos.
• Earlier program context from 2025-06-30 notes construction underway for the first commercial vertiport at DXB (supporting momentum toward a broader network).

Commitment: November 17, 2025: Joby will launch commercial passenger air taxi service in Dubai in 2026.

✅ On Track | Certainty: 90%

Analysis: Reaffirmed by RTA and Joby; Q3 updates add that operations are expected ahead of FAA Type Certification, ramping through 2026.

Progress:

• A recent update from 2025-11-17 states RTA progressing to a 2026 launch; Joby aims to launch commercial passenger service in 2026.
• A recent update from 2025-11-06 (Q3 call) says Joby expects to be operational in Dubai prior to FAA Type Certification and ramp through 2026.

Commitment: November 17, 2025: Joby will complete the vertiport at Dubai International Airport in Q1 2026 as part of the initial network.

✅ On Track | Certainty: 90%

Analysis: DXB vertiport completion timing is explicitly stated; no contrary updates. Execution risk exists until completion.

Progress:

• A recent update from 2025-11-17 specifies DXB vertiport completion in Q1 2026.
• Earlier evidence from 2025-06-30 confirms construction underway and Q1 2026 target (consistent and reinforced by later updates).

Commitment: November 17, 2025: Joby will conduct daily flight demonstrations at the Dubai Airshow 2025 to showcase readiness.

✅ On Track | Certainty: 98%

Analysis: Daily demos were conducted during the Airshow; commitment met during the event window.

Progress:

• A recent update from 2025-11-17 confirms daily flight demonstrations at Dubai Airshow 2025 and the first piloted point-to-point UAE flight.

Commitment: November 19, 2025: Joby will collaborate with Ras Al Khaimah Transport Authority and Skyports to launch an air taxi network in Ras Al Khaimah by 2027.

✅ On Track | Certainty: 90%

Analysis: September MoU details and November regional update align on 2027 launch; no conflicting evidence.

Progress:

• A recent update from 2025-11-19 highlights RAK partnerships within Joby’s regional expansion plan.
• Earlier evidence from 2025-09-29 details the RAKTA–Joby–Skyports MoU and 2027 target.

Commitment: September 29, 2025: Joby will establish an inter‑emirate corridor connecting Dubai and Ras Al Khaimah by 2027.

✅ On Track | Certainty: 88%

Analysis: MoU supports a corridor by 2027; Dubai 2026 start strengthens the feasibility of inter-emirate connectivity.

Progress:

• Earlier evidence from 2025-09-29 specifies the inter‑emirate corridor plan linking Dubai and RAK by 2027.
• A recent update from 2025-11-19 reiterates RAK network plans in the regional rollout (newer evidence sustains the 2027 goal).

Commitment: September 29, 2025: Joby and Skyports will build the first Ras Al Khaimah vertiport at Al Marjan Island for the 2027 launch, followed by phased expansion.

✅ On Track | Certainty: 85%

Analysis: Initial vertiport site is designated; subsequent November updates maintain the 2027 goal, implying continued alignment.

Progress:

• Earlier evidence from 2025-09-29 designates Al Marjan Island as the first vertiport with phased expansion.
• A recent update from 2025-11-19 confirms the broader RAK program timing (no change to the initial site plan).

Commitment: November 06, 2025: Joby will be operational in Dubai ahead of FAA Type Certification, ramping operations over the course of 2026.

✅ On Track | Certainty: 88%

Analysis: Reinforced by RTA timelines and Joby statements; execution remains subject to manufacturing ramp and local approvals.

Progress:

• A recent update from 2025-11-06 (Q3 call) affirms planned pre‑TC operations, ramping through 2026.
• A recent update from 2025-11-17 reconfirms 2026 commercial launch under exclusivity (newer evidence supports trajectory).

Commitment: December 10, 2024: Joby will apply to become the first certificated air taxi operator in the UAE and install its GEACS charging system at Jetex sites.

🟡 Partially Met | Certainty: 75%

Analysis: Partnership with Jetex and exclusivity in Dubai are established; GEACS installations are planned. Public evidence of the operator application filing/acceptance is not yet shown.

Progress:

• Earlier evidence from 2024-12-10 confirms intent to install GEACS at Jetex locations and pursue UAE certification.
• A recent update from 2025-11-17/19 (cluster-level) underscores exclusivity and operational plans in 2026, but does not explicitly confirm application submission (newer evidence supports overall trajectory but not this specific procedural milestone).

Cluster: Saudi Arabia Deployment and Regulatory Pathway

Commitment: November 19, 2025: Joby will complete pre‑commercial evaluation flights of its electric air taxi in Saudi Arabia in the first half of 2026.

✅ On Track | Certainty: 95%

Analysis: Newly signed collaboration with RSG and THC confirms H1’26 evaluation flights; aligns with Nov 12 GACA MoU.

Progress:

• A recent update from 2025-11-19 states pre‑commercial evaluation flights planned for H1 2026.
• Earlier evidence from 2025-11-12 sets the regulatory groundwork with GACA (newer update specifies timing).

Commitment: November 19, 2025: Joby, Red Sea Global and The Helicopter Company will establish a sandbox to evaluate air taxi operations including charging, airspace integration, and ground communications.

✅ On Track | Certainty: 95%

Analysis: Sandbox scope and partners are confirmed; supports pre‑commercial operations.

Progress:

• A recent update from 2025-11-19 details the sandbox with RSG and THC to evaluate operations.

Commitment: November 19, 2025: Joby will collaborate with GACA to support development of Saudi Arabia’s air taxi regulatory framework using FAA certification standards as a foundation.

✅ On Track | Certainty: 95%

Analysis: Builds directly on Nov 12 GACA MoU; consistent and recent.

Progress:

• A recent update from 2025-11-19 confirms continued collaboration with GACA leveraging FAA standards.
• Earlier evidence from 2025-11-12 outlines the MoU to streamline approvals using FAA standards (newer update reinforces progression).

Commitment: November 12, 2025: Joby and GACA will rapidly deploy electric air taxi service in Saudi Arabia under a new MoU.

✅ On Track | Certainty: 90%

Analysis: Subsequent Nov 19 update adds H1’26 evaluation flight timing and sandbox; consistent trajectory.

Progress:

• Earlier evidence from 2025-11-12 announces the MoU for rapid deployment.
• A recent update from 2025-11-19 provides concrete near-term flight timelines (newer evidence advances specificity).

Commitment: November 12, 2025: Joby and GACA will use FAA standards to create a streamlined approval and validation process for Joby’s aircraft.

✅ On Track | Certainty: 90%

Analysis: Reiterated Nov 19; no conflicting data.

Progress:

• Earlier evidence from 2025-11-12 sets the FAA-based streamlined validation process with GACA.
• A recent update from 2025-11-19 restates this alignment (newer evidence maintains consistency).

Commitment: November 12, 2025: Joby and GACA will provide technical expertise across type design, production, and operations to inform the regulatory framework.

✅ On Track | Certainty: 85%

Analysis: Technical collaboration is part of the MoU; later updates focus on operational sandbox and timing.

Progress:

• Earlier evidence from 2025-11-12 outlines provision of technical expertise across key domains.

Commitment: November 12, 2025: Joby and GACA will collaborate on airworthiness standards to enable efficient validation of the FAA Type Certificate.

✅ On Track | Certainty: 90%

Analysis: Consistent with the FAA-based validation pathway.

Progress:

• Earlier evidence from 2025-11-12 specifies collaboration on airworthiness standards.
• A recent update from 2025-11-19 continues to reference FAA standards as the foundation.

Commitment: November 12, 2025: Joby and GACA will develop and harmonize regulations for initial operations including pilot licensing, maintenance, and airspace integration.

✅ On Track | Certainty: 85%

Analysis: Regulatory harmonization is underway per MoU; sandbox will inform practical integration.

Progress:

• Earlier evidence from 2025-11-12 details regulatory harmonization areas.
• A recent update from 2025-11-19 adds the sandbox as a mechanism to evaluate integration (newer evidence supports practical steps).

Commitment: November 12, 2025: Joby and Abdul Latif Jameel will explore delivery of up to 200 aircraft valued at approximately $1 billion.

✅ On Track | Certainty: 90%

Analysis: Earlier MoU on distribution and local services supports this; no negative updates.

Progress:

• Earlier evidence from 2025-11-12 cites exploration of up to 200 aircraft.
• Earlier evidence from 2025-06-03 details the ALJ–Joby MoU to distribute up to 200 aircraft and related services (consistent and reinforcing).

Commitment: June 03, 2025: Joby will explore a distribution agreement and collaborate to launch local air taxi services in Saudi Arabia, including MRO and pilot training enablement.

✅ On Track | Certainty: 90%

Analysis: Supported by Nov 12 MoU with GACA and Nov 19 sandbox; consistent expansion path.

Progress:

• Earlier evidence from 2025-06-03 establishes the ALJ distribution and local services collaboration.
• A recent update from 2025-11-12/19 positions Saudi as key launch market with regulatory and operational collaboration (newer evidence broadens scope).

Cluster: FAA Certification and TIA Flight Testing

Commitment: November 06, 2025: Joby will begin power‑on testing of the first TIA aircraft and progress through TIA flight testing leading to FAA pilots flying for credit in 2026.

✅ On Track | Certainty: 95%

Analysis: Power‑on testing has begun; timeline to FAA pilots in 2026 is reaffirmed across Nov 5–6 updates.

Progress:

• A recent update from 2025-11-06 (Q3 call) confirms power‑on testing commencement and 2026 FAA for‑credit flights.
• A recent update from 2025-11-05 confirms power‑on start for the first conforming aircraft and TIA entry.

Commitment: November 05, 2025: Joby will begin power‑on testing of the first FAA‑conforming aircraft to prepare for TIA.

✅ On Track | Certainty: 98%

Analysis: Power‑on testing began; commitment achieved.

Progress:

• A recent update from 2025-11-05 announces power‑on testing of the first conforming TIA aircraft.
• A recent update from 2025-11-08/06 (financial results/call) reiterates power‑on start and TIA progression (newer evidence confirms execution).

Commitment: November 05, 2025: Joby will conduct thousands of hardware and software integration tests on TIA aircraft ahead of flight testing.

✅ On Track | Certainty: 95%

Analysis: Initiation of thousands of integration tests is explicitly stated; aligns with TIA entry.

Progress:

• A recent update from 2025-11-05 confirms initiation of thousands of integration tests.
• A recent update from 2025-11-08 echoes this test campaign in the financial results.

Commitment: November 05, 2025: Joby will perform “for credit” flight testing with Joby pilots in 2025 followed by FAA test pilots in 2026.

✅ On Track | Certainty: 88%

Analysis: 2025 Joby pilot for‑credit testing is planned; FAA pilots in 2026 reaffirmed; no evidence of slippage as of mid‑November.

Progress:

• A recent update from 2025-11-05/08 sets the sequence: Joby pilots 2025, FAA pilots 2026.
• Earlier guidance from 2024-12-20 targeted TIA flight testing in 2025 (newer updates refine sequence and confirm readiness).

Commitment: November 05, 2025: Joby will validate the aircraft’s performance envelope, including range, speed, and energy management, during TIA testing.

✅ On Track | Certainty: 85%

Analysis: Planned TIA objectives consistent with FAA collaboration; execution pending TIA flights.

Progress:

• A recent update from 2025-11-05 outlines validation objectives during TIA.

Commitment: November 05, 2025: Joby will test flight controls and handling qualities across VTOL, hover, and wingborne cruise regimes.

✅ On Track | Certainty: 85%

Analysis: TIA plan item; dependent on upcoming flight phases.

Progress:

• A recent update from 2025-11-05 specifies handling qualities testing across regimes during TIA.

Commitment: November 05, 2025: Joby will validate maintenance procedures, operations manuals, and pilot training curriculum during the TIA phase.

✅ On Track | Certainty: 85%

Analysis: Part of the TIA plan; no contradictory evidence.

Progress:

• A recent update from 2025-11-05 includes validation of maintenance and ops artifacts during TIA.

Commitment: November 05, 2025: Joby will build each TIA aircraft with FAA‑conforming components under its approved quality management system.

✅ On Track | Certainty: 95%

Analysis: First TIA‑ready aircraft built with FAA‑conforming components; confirmed by DAAR oversight.

Progress:

• A recent update from 2025-11-05 notes conforming components, QMS, and DAAR sign‑offs on the first TIA aircraft.

Commitment: November 05, 2025: Joby will collaborate side‑by‑side with the FAA throughout TIA testing to support certification decisions.

✅ On Track | Certainty: 90%

Analysis: Stated approach aligns with the final certification phase structure.

Progress:

• A recent update from 2025-11-05 states ongoing side‑by‑side FAA collaboration during TIA.

Commitment: September 23, 2025: Joby will prepare for initial TIA flight tests targeted for early 2026.

✅ On Track | Certainty: 90%

Analysis: Newer Nov 05–06 updates refine the plan to include Joby pilot flights in 2025 and FAA pilots in 2026, superseding the earlier “early 2026” only framing.

Progress:

• Earlier evidence from 2025-09-23 targeted early 2026 for initial TIA flights.
• A recent update from 2025-11-05/06 supersedes with Joby pilot for‑credit flights in 2025 and FAA pilots in 2026 (newer evidence advances timing).

Commitment: December 20, 2024: Joby is targeting the start of TIA flight testing in 2025 as part of the final certification phase.

✅ On Track | Certainty: 95%

Analysis: Newer November 2025 updates confirm power‑on and imminent test campaign, validating the 2025 target.

Progress:

• Earlier evidence from 2024-12-20 set a 2025 TIA flight testing target.
• A recent update from 2025-11-05 confirms entry into TIA and power‑on progress (newer evidence confirms target adherence).

Cluster: Manufacturing and Production Scale‑Up

Commitment: November 06, 2025: Joby will accelerate production and scale manufacturing with Toyota to meet rising demand.

✅ On Track | Certainty: 90%

Analysis: Toyota funding closed in May; ongoing hiring and facility expansions indicate scaling.

Progress:

• A recent update from 2025-11-06 (Q3 call) highlights accelerated production and scale‑up with Toyota.
• Earlier evidence from 2025-05-27 confirms $250M Toyota investment to support certification and commercial production.

Commitment: November 06, 2025: Joby will scale propeller blade production in Dayton to address a high‑part‑count component.

✅ On Track | Certainty: 95%

Analysis: Production start in Dayton confirmed Oct 31; scaling trajectory in place.

Progress:

• Earlier evidence from 2025-10-31 confirms in‑house blade manufacturing in Dayton and scale plans up to 15,000 blades/year.

Commitment: November 06, 2025: Joby will expand its Marina and Dayton footprints and add more than 100 manufacturing roles to support the ramp.

✅ On Track | Certainty: 95%

Analysis: 100+ roles added and footprint expansions corroborated by multiple updates.

Progress:

• A recent update from 2025-11-05 notes 100+ manufacturing roles added and expanded production.
• Earlier evidence from 2025-07-15 details Marina expansion and Dayton ramp.

Commitment: October 31, 2025: Joby will manufacture propeller blades in‑house at its Dayton, Ohio facility.

✅ On Track | Certainty: 100%

Analysis: Manufacturing has begun; commitment met.

Progress:

• Earlier evidence from 2025-10-31 announces start of in‑house blade manufacturing in Dayton.

Commitment: October 31, 2025: Joby will scale blade production in Ohio with potential output of up to 15,000 blades per year.

✅ On Track | Certainty: 85%

Analysis: Capacity target is forward‑looking; initial production underway.

Progress:

• Earlier evidence from 2025-10-31 outlines scale potential to 15,000 blades/year.

Commitment: October 31, 2025: Joby will complete conforming blades for FAA inspection and certification next month.

🟡 Partially Met | Certainty: 70%

Analysis: As of mid‑November, public confirmation of completion is not available. Production started, but no explicit evidence that conforming blades were completed in November.

Progress:

• Earlier evidence from 2025-10-31 set a “next month” target for conforming blades.
• A recent update from 2025-11-05/06 references ongoing production but does not confirm completion of conforming blades (status pending; newer evidence does not yet confirm).

Commitment: October 31, 2025: Joby will install propeller blades on flight test aircraft next year.

✅ On Track | Certainty: 85%

Analysis: Forward milestone for 2026; no contradictions.

Progress:

• Earlier evidence from 2025-10-31 targets installation on flight test aircraft next year.

Commitment: October 31, 2025: Joby will build Dayton facility capacity over time to support up to 500 aircraft per year.

✅ On Track | Certainty: 80%

Analysis: Long‑term capacity ambition; early steps (blade production, facility role) support trajectory.

Progress:

• Earlier evidence from 2025-10-31 states capacity build‑out plan to 500 aircraft/year.
• Earlier evidence from 2025-07-15 reiterates Dayton as the long‑term high‑volume site.

Commitment: October 31, 2025: Joby will use Dayton manufacturing to support type and production certification programs and future expansion.

✅ On Track | Certainty: 90%

Analysis: In‑house blade production and conformity activities support certification programs.

Progress:

• Earlier evidence from 2025-10-31 positions Dayton to support type and production certification.

Commitment: September 12, 2025: Joby will double U.S. production capacity to up to 24 aircraft per year across 435,000 square feet.

✅ On Track | Certainty: 90%

Analysis: Marina expansion and program updates support doubling; no contrary evidence.

Progress:

• Earlier evidence from 2025-09-12 and 2025-08-06 references the 435,000 sq ft expansion and doubling to 24 aircraft/year.
• A recent update from 2025-11-05 cites production scale and 15x increase in conforming parts (newer evidence supports capability).

Commitment: August 06, 2025: Joby will operate an expanded 435,000‑square‑foot Marina facility, doubling capacity to 24 aircraft per year.

✅ On Track | Certainty: 85%

Analysis: Expansion referenced; ongoing operations implied, though explicit “operate” start not independently confirmed.

Progress:

• Earlier evidence from 2025-08-06 notes the expanded facility and doubled capacity.
• A recent update from 2025-11-05 indicates production scaling and workforce growth (newer evidence supports utilization).

Commitment: July 15, 2025: Joby will ramp production at its renovated Dayton facility with plans to build up to 500 aircraft annually.

✅ On Track | Certainty: 90%

Analysis: Blade production start in Dayton validates ramp; long‑term capacity plan remains.

Progress:

• Earlier evidence from 2025-07-15 details the Dayton ramp and 500 aircraft/year plan.
• Earlier evidence from 2025-10-31 confirms component production ramp in Dayton (supporting ramp trajectory).

Cluster: Defense and Autonomy Programs

Commitment: November 13, 2025: Joby and L3Harris will begin flying government mission demonstrations using the turbine‑electric hybrid demonstrator in 2026.

✅ On Track | Certainty: 95%

Analysis: Hybrid demonstrator completed first flight Nov 7; on path to 2026 demos.

Progress:

• A recent update from 2025-11-13 confirms first flight and 2026 demo timeline.
• Earlier evidence from 2025-08-01 set flight testing in fall 2025 with 2026 demos (newer evidence confirms progress).

Commitment: November 13, 2025: Joby will continue ground and flight testing of the hybrid aircraft ahead of 2026 operational demonstrations.

✅ On Track | Certainty: 95%

Analysis: Post‑first flight test program is ongoing; consistent with plan.

Progress:

• A recent update from 2025-11-13 states continued testing ahead of 2026 demonstrations.

Commitment: November 13, 2025: L3Harris will equip Joby’s commercial hybrid aircraft with missionization elements for defense applications.

✅ On Track | Certainty: 85%

Analysis: Missionization partnership announced; equipping effort is underway.

Progress:

• A recent update from 2025-11-13 outlines L3Harris missionization scope.

Commitment: November 13, 2025: Joby commits to accelerating delivery of new technology to U.S. troops more quickly and cost‑efficiently.

✅ On Track | Certainty: 80%

Analysis: Strategic commitment; concrete steps include hybrid demonstrator progress and REFORPAC autonomy results.

Progress:

• A recent update from 2025-11-13 includes this commitment.
• Earlier evidence from 2025-09-03 demonstrates Superpilot autonomy performance in REFORPAC.

Commitment: November 13, 2025: L3Harris commits to scaling rapidly to bring commercial VTOL aircraft to combat operations.

✅ On Track | Certainty: 80%

Analysis: Partner commitment aligned with 2026 demos; no counter‑indications.

Progress:

• A recent update from 2025-11-13 details L3Harris scaling intent.

Commitment: November 13, 2025: Joby will design the hybrid aircraft to be autonomous using its Superpilot technology stack.

✅ On Track | Certainty: 90%

Analysis: Superpilot integration plan supported by IGX Thor collaboration.

Progress:

• A recent update from 2025-11-13 confirms the autonomy design direction.
• Earlier evidence from 2025-10-28 announces NVIDIA IGX Thor integration to enable certifiable autonomy (newer evidence aligns with this architecture).

Commitment: November 06, 2025: Joby will demonstrate the turbine‑electric hybrid with L3Harris and compete for FY’26 U.S. DoD procurement.

✅ On Track | Certainty: 88%

Analysis: First flight achieved; 2026 mission demos planned; procurement competition intent stands.

Progress:

• A recent update from 2025-11-06 (Q3 call) states the plan to demonstrate and compete for FY’26 procurement.
• A recent update from 2025-11-13 confirms first flight and 2026 demos (newer evidence shows progress toward demonstration).

Commitment: November 06, 2025: Joby will integrate Superpilot and adopt NVIDIA IGX Thor to enable advanced onboard compute and autonomy on defense variants.

✅ On Track | Certainty: 95%

Analysis: NVIDIA collaboration named and scoped in Oct; defense variants to use the stack.

Progress:

• Earlier evidence from 2025-10-28 details the IGX Thor integration with Superpilot for certifiable autonomy.

Commitment: November 05, 2025: Joby will develop and ground‑test a hybrid‑electric autonomous aircraft for defense and advance Superpilot (with IGX Thor) for autonomy.

✅ On Track | Certainty: 95%

Analysis: Hybrid demonstrator first flight achieved; autonomy stack partnership active.

Progress:

• A recent update from 2025-11-13 confirms hybrid flight and ongoing testing.
• Earlier evidence from 2025-10-28 outlines IGX Thor integration for autonomy.

Commitment: October 28, 2025: Joby will integrate NVIDIA IGX Thor with Superpilot to pursue certifiable autonomy for defense and future civil applications.

✅ On Track | Certainty: 95%

Analysis: Announced and now referenced across defense program updates; no conflicts.

Progress:

• Earlier evidence from 2025-10-28 introduces the IGX Thor partnership and certifiable autonomy pursuit.

Commitment: October 28, 2025: Joby will enable onboard autonomous mission management, perception, sensor fusion, predictive health monitoring, and digital twin capabilities.

✅ On Track | Certainty: 90%

Analysis: Defined capabilities are part of the IGX Thor roadmap.

Progress:

• Earlier evidence from 2025-10-28 specifies intended onboard capabilities enabled by IGX Thor + Superpilot.

Commitment: September 03, 2025: Joby will compete for DoD autonomous and hybrid aircraft programs and use defense work to inform commercial autonomy integration.

✅ On Track | Certainty: 90%

Analysis: REFORPAC results and hybrid demonstrator progress support competitiveness and dual‑use learning.

Progress:

• Earlier evidence from 2025-09-03 details successful Superpilot autonomy demonstration across 7,342 miles/43.7 hours.

Commitment: August 01, 2025: Joby and L3Harris will flight‑test a gas‑turbine hybrid VTOL beginning fall 2025 with operational demonstrations in 2026.

✅ On Track | Certainty: 98%

Analysis: First hybrid demonstrator flight occurred Nov 7, 2025; 2026 demos reiterated.

Progress:

• A recent update from 2025-11-13 confirms first flight on 2025-11-07 and 2026 operational demos (newer evidence confirms the fall 2025 flight‑test start).

Cluster: U.S. eIPP Pre‑Certification Operations

Commitment: November 06, 2025: Joby will pursue participation in the eIPP to operate mature eVTOLs in select U.S. markets ahead of certification, with operations expected to start mid next year.

✅ On Track | Certainty: 85%

Analysis: Company expects downselect and start mid‑year; engagement is active.

Progress:

• A recent update from 2025-11-06 (Q3 call) anticipates eIPP participation with operations starting mid next year.

Commitment: November 05, 2025: Joby will engage with state and local governments submitting eIPP applications to demonstrate passenger, cargo, and emergency use cases prior to Type Certification.

✅ On Track | Certainty: 90%

Analysis: Ongoing engagement documented; aligns with program goals.

Progress:

• A recent update from 2025-11-05 (financial results) reports active engagement with state and local governments on eIPP.

Commitment: September 12, 2025: Joby will participate in the eIPP to begin operations in select markets ahead of full FAA certification, with projects chosen within 180 days.

✅ On Track | Certainty: 85%

Analysis: 180‑day project selection window aligns with expectations to start mid next year; newer updates reinforce timeline.

Progress:

• Earlier evidence from 2025-09-12 details participation intent and 180‑day selection window.
• A recent update from 2025-11-06 indicates expected mid‑year start (newer evidence supports schedule).

Cluster: Commercial Channels, Customer Operations, and Route Development

Commitment: November 06, 2025: Joby will leverage the Blade acquisition to operate and expand high‑frequency routes ahead of Joby aircraft certification.

✅ On Track | Certainty: 95%

Analysis: Blade operations contributed to Q3 results; new commuter route program launched.

Progress:

• A recent update from 2025-11-06 (Q3 call) reports Blade integration and operations (e.g., Ryder Cup movements).
• Earlier evidence from 2025-08-29 confirms completion of Blade passenger business acquisition.

Commitment: November 06, 2025: Joby will launch a weekday commuter pilot program between Manhattan and Westchester County Airport starting December 1, 2025 with seats from $125 to $225.

✅ On Track | Certainty: 95%

Analysis: Program publicly announced with pricing and schedule; launch imminent.

Progress:

• A recent update from 2025-11-06 (program announcement) details Dec 1 start, schedule, and fares.

Commitment: November 06, 2025: Joby will transition Blade operations from helicopters to its electric air taxis once FAA certification is achieved.

✅ On Track | Certainty: 85%

Analysis: Contingent on certification; operations and integrations in place to transition.

Progress:

• A recent update from 2025-11-06 (Q3 call) sets transition intent post‑certification.

Commitment: November 06, 2025: Joby will use the commuter pilot program to gather operational and customer experience insights to accelerate and de‑risk commercialization.

✅ On Track | Certainty: 90%

Analysis: Program designed for learnings; supports commercialization strategy.

Progress:

• A recent update from 2025-11-06 and 2025-11-07 (program details) describes objectives to gather insights.

Commitment: November 05, 2025: Joby will integrate Blade’s passenger services into the Uber app and continue service operations, building demand ahead of Joby’s launch.

✅ On Track | Certainty: 90%

Analysis: Integration plans confirmed; Uber and Joby issued joint statements.

Progress:

• Earlier evidence from 2025-09-10 details planned integration of Blade services into the Uber app as soon as next year.
• A recent update from 2025-11-05 reiterates integration and operations build‑up (newer evidence confirms trajectory).

Commitment: September 10, 2025: Joby and Uber will bring Blade’s services into the Uber app to enable direct booking and foundation for Joby’s future eVTOL service.

✅ On Track | Certainty: 90%

Analysis: Integration slated for “as soon as next year”; consistent with later guidance.

Progress:

• Earlier evidence from 2025-09-10 announces Uber–Blade integration plan supporting Joby’s future service.

Commitment: August 29, 2025: Joby will continue Blade’s passenger operations as a wholly‑owned subsidiary and pursue entry into commercial service with Joby aircraft once certified.

✅ On Track | Certainty: 95%

Analysis: Completed acquisition; ongoing operations documented.

Progress:

• Earlier evidence from 2025-08-29 confirms acquisition completion and continued operations.

Commitment: August 29, 2025: Joby will integrate Blade’s network and user base into Joby’s apps and services over time to expand access.

✅ On Track | Certainty: 90%

Analysis: Uber app integration and ongoing brand operations support progressive integration.

Progress:

• Earlier evidence from 2025-08-29 sets integration intent.
• Earlier evidence from 2025-09-10 details Uber app integration path (newer evidence continues alignment).

Cluster: Japan Ecosystem and Expo 2025 Demonstrations

Commitment: September 30, 2025: Joby will conduct public flight demonstrations at Expo 2025 Osaka over 13 days with plans for more than 20 flights.

✅ On Track | Certainty: 95%

Analysis: Q3 call notes completion of two weeks of regular demonstration flights in Osaka; commitment executed.

Progress:

• A recent update from 2025-11-06 (Q3 call) states two weeks of scheduled Osaka flights completed.
• Earlier evidence from 2025-09-30 announced the plan for >20 flights over 13 days (newer evidence indicates execution).

Commitment: September 30, 2025: Joby will use demonstration data to support regulatory development with JCAB for advanced air mobility.

✅ On Track | Certainty: 85%

Analysis: Data gathered during Osaka demos to inform JCAB; no contradictory updates.

Progress:

• Earlier evidence from 2025-09-30 states intent to use demo data with JCAB.
• A recent update from 2025-11-06 confirms demo flights occurred, enabling data capture.

Commitment: September 30, 2025: Joby will progress the development of a national air taxi ecosystem in Japan including vertiports, pilot training, and maintenance support.

✅ On Track | Certainty: 85%

Analysis: JV plans and demonstrations support ecosystem development.

Progress:

• Earlier evidence from 2025-09-30 discusses ecosystem elements.
• Earlier evidence from 2025-08-05 announces intent to establish a JV with ANA (newer demo evidence supports momentum).

Commitment: September 30, 2025: Joby will engage communities, collaborate with regulators, and expand partnerships to advance deployment in Japan.

✅ On Track | Certainty: 90%

Analysis: Public demos and partnerships underpin engagement and collaboration.

Progress:

• Earlier evidence from 2025-09-30 highlights community engagement and regulatory collaboration during Expo activities.

Commitment: August 05, 2025: Joby will establish a joint venture to provide air taxi service in Japan with deployment of more than 100 aircraft in the coming years.

✅ On Track | Certainty: 85%

Analysis: JV intent announced; demos and regulatory work progressing.

Progress:

• Earlier evidence from 2025-08-05 states JV intent with ANA and >100 aircraft deployment plan.

Commitment: August 05, 2025: Joby will hold public demonstration flights of ANA‑branded aircraft at EXPO 2025 Osaka from October 1–13, 2025.

✅ On Track | Certainty: 98%

Analysis: Q3 call confirms multi‑week scheduled flights in Osaka delivered.

Progress:

• A recent update from 2025-11-06 states two weeks of regular flights completed at Osaka Expo (newer evidence confirms execution).

Commitment: August 05, 2025: Joby will accelerate ecosystem development in Japan in collaboration with national and local governments.

✅ On Track | Certainty: 85%

Analysis: Demonstrations and JCAB engagement align with acceleration.

Progress:

• Earlier evidence from 2025-08-05 and 2025-09-30 describes collaboration with governments and partners to build the ecosystem.

Cluster: Kazakhstan Market Entry and Supply Chain Collaboration

Commitment: November 19, 2025: Joby signed a letter of intent to sell aircraft and services to Alatau Advance Air Group valued up to $250 million to introduce air taxis to Kazakhstan.

✅ On Track | Certainty: 95%

Analysis: Confirms and updates the Nov 6 LOI; newer evidence supersedes earlier announcement by reaffirming scope and value.

Progress:

• A recent update from 2025-11-19 references the LOI valued up to $250M.
• Earlier evidence from 2025-11-06 details the LOI terms and structure (newer evidence confirms continuity).

Commitment: November 06, 2025: Joby will sell eVTOL aircraft and services valued up to $250 million to AAAG, including pre‑delivery payments, under a letter of intent.

✅ On Track | Certainty: 95%

Analysis: LOI scope and pre‑delivery payments noted; later Nov 19 update reaffirms.

Progress:

• A recent update from 2025-11-06 outlines the LOI with AAAG and pre‑delivery payments.
• A recent update from 2025-11-19 reaffirms the LOI and value (newer evidence sustains terms).

Commitment: November 06, 2025: Joby and AAAG will collaborate with the Government of Kazakhstan to create the regulatory environment and infrastructure required for air taxi services.

✅ On Track | Certainty: 90%

Analysis: Parallel MoU with the Ministry (Kazakhstan) supports regulatory enablement.

Progress:

• A recent update from 2025-11-06 indicates collaboration with the Ministry of AI and Digital Development on regulation and infrastructure.

Commitment: November 06, 2025: Joby and AAAG will collaborate on sourcing critical materials from Kazakhstan, including titanium and rare earth metals, for aircraft production.

✅ On Track | Certainty: 90%

Analysis: Sourcing collaboration is part of the LOI scope; no conflicting updates.

Progress:

• A recent update from 2025-11-06 includes critical materials sourcing collaboration.

Commitment: November 06, 2025: AAAG will act as a launch customer and establish a comprehensive testbed and ground infrastructure to support safe operations.

✅ On Track | Certainty: 90%

Analysis: AAAG’s role defined; consistent with LOI and government collaboration.

Progress:

• A recent update from 2025-11-06 notes AAAG as launch customer and testbed/infrastructure lead.

Cluster: Training, Safety Systems, and Operational Readiness

Commitment: November 06, 2025: Joby will accept and deploy a fully immersive CAE‑developed flight simulator as a prerequisite for scaled commercial pilot training.

❌ Not Met | Certainty: 60%

Analysis: No public evidence in the provided updates confirming acceptance/deployment of the CAE simulator as of mid‑November 2025. Other training milestones are documented, but this specific simulator deployment is not evidenced.

Progress:

• No direct evidence found through 2025-11-19 confirming simulator acceptance/deployment.
• Earlier evidence from 2024-12-03 and 2025-11-06 covers Academy and broader readiness, but not CAE simulator deployment (status unclear; newer updates do not supersede).

Commitment: December 03, 2024: Joby will establish and expand a pipeline of qualified pilots through its FAA Part 141‑certified Joby Aviation Academy.

✅ On Track | Certainty: 95%

Analysis: Part 141 certificate granted; program growth planned.

Progress:

• Earlier evidence from 2024-12-03 confirms FAA Part 141 certification for the Flight Academy.

Commitment: December 03, 2024: Joby will advance its safety culture by implementing a Safety Management System for air operations ahead of the FAA deadline.

✅ On Track | Certainty: 95%

Analysis: Accepted into FAA Part 5 Voluntary SMS for air operations.

Progress:

• Earlier evidence from 2024-12-03 notes acceptance into the FAA Part 5 SMS program.

Commitment: December 03, 2024: Joby will grow the Flight Academy’s courses and enrollment over the coming years.

✅ On Track | Certainty: 85%

Analysis: Forward‑looking growth plan; foundational approvals in place.

Progress:

• Earlier evidence from 2024-12-03 outlines future growth of courses and enrollment.

Commitment: December 05, 2024: Joby will provide comprehensive electric aircraft maintenance training for U.S. Air Force personnel under its AFWERX contract.

✅ On Track | Certainty: 98%

Analysis: Training program completed with USAF personnel; commitment met.

Progress:

• Earlier evidence from 2024-12-05 confirms completion of the USAF maintenance training program.

Cluster: Financing and Capital Management

Commitment: November 06, 2025: Joby will strengthen its balance sheet via ATM/warrant exercises and an equity offering, with approximately $576 million in net proceeds received in October to fund scaling.

✅ On Track | Certainty: 98%

Analysis: Offering closed; proceeds received; balance sheet strength reflected in cash levels.

Progress:

• A recent update from 2025-11-06 (Q3 call) confirms ~$576M net proceeds received in October.
• Earlier evidence from 2025-10-09 confirms closing of the offering and option exercise.

Commitment: November 05, 2025: Joby will use approximately $576 million of October 2025 equity offering proceeds to support certification, manufacturing, commercial preparation, and working capital.

✅ On Track | Certainty: 95%

Analysis: Use of proceeds articulated; aligns with ongoing certification and manufacturing activities.

Progress:

• A recent update from 2025-11-05 (financial results) details intended use of proceeds.

Commitment: October 09, 2025: Joby will make the final prospectus supplement and accompanying prospectus available free of charge for its underwritten offering.

✅ On Track | Certainty: 95%

Analysis: Offering closed; prospectus availability implied by completion.

Progress:

• Earlier evidence from 2025-10-09 confirms offering closure and related documentation processes.

Commitment: October 07, 2025: Joby will sell 30,500,000 shares at $16.85 per share for gross proceeds of approximately $513.9 million and grant a 30‑day overallotment option.

✅ On Track | Certainty: 100%

Analysis: Pricing and option granted as announced; later closing confirms.

Progress:

• Earlier evidence from 2025-10-07 priced the offering and option.
• Earlier evidence from 2025-10-09 confirms closing and full option exercise (newer evidence confirms execution).

Commitment: May 27, 2025: Joby closed a $250 million strategic investment from Toyota to support certification and commercial production.

✅ On Track | Certainty: 100%

Analysis: Investment closed; widely referenced in later updates.

Progress:

• Earlier evidence from 2025-05-27 confirms closing of the $250M Toyota investment.

Commitment: November 06, 2025: Joby will remain on track to hit the upper end of its 2025 use‑of‑cash guidance of $500–$540 million.

✅ On Track | Certainty: 85%

Analysis: Q3 call maintains guidance; year‑end confirmation pending.

Progress:

• A recent update from 2025-11-06 reiterates use‑of‑cash guidance and expected upper‑end outcome.

Cluster: Community Engagement and Event Operations

Commitment: September 23, 2025: Joby will participate in the California International Airshow in Salinas on October 4–5, offering aircraft access and guided experiences.

✅ On Track | Certainty: 98%

Analysis: Participation complete; Q3 call noted a 20‑minute demo at the Airshow.

Progress:

• A recent update from 2025-11-06 (Q3 call) cites the Salinas Airshow demonstration.
• Earlier evidence from 2025-09-23 announced participation and public engagement activities (newer evidence confirms execution).

Commitment: September 23, 2025: Joby will continue local community outreach and STEM education programs to build familiarity with electric aviation.

✅ On Track | Certainty: 90%

Analysis: Ongoing outreach referenced; no conflicting updates.

Progress:

• Earlier evidence from 2025-09-23 documents community outreach and STEM engagements.

Commitment: September 18, 2025: Joby (via Blade) will serve as the Official Air Mobility Partner for the 2025 Ryder Cup, transporting attendees between Manhattan‑area lounges, Bethpage, and Republic Airport.

✅ On Track | Certainty: 98%

Analysis: Q3 call references Blade operating Ryder Cup flights; commitment fulfilled.

Progress:

• A recent update from 2025-11-06 (Q3 call) mentions Ryder Cup operations executed by Blade.
• Earlier evidence from 2025-09-18 announced the Ryder Cup partnership (newer evidence confirms execution).

Commitment: September 18, 2025: Joby (via Blade) will operate a Ryder Cup Vertiport with multiple landing zones and provide seamless on‑course transfers and hospitality.

✅ On Track | Certainty: 95%

Analysis: Event operational details executed as planned per Q3 commentary and prior announcement.

Progress:

• Earlier evidence from 2025-09-18 describes the Ryder Cup Vertiport and services.
• A recent update from 2025-11-06 acknowledges Blade’s Ryder Cup operations (newer evidence supports delivery).

Commitment: September 18, 2025: Joby will showcase its next‑generation all‑electric aircraft and simulator at the Ryder Cup to promote quieter, emissions‑free travel.

✅ On Track | Certainty: 90%

Analysis: Showcase commitment aligned with Ryder Cup partnership; no contradictory updates.

Progress:

• Earlier evidence from 2025-09-18 states the plan to display the aircraft and simulator at the event.