Joby expands partnership with us department of defense

Santa cruz, calif.--(business wire)--joby aviation, inc. (nyse:joby), a california-based company developing electric vertical take-off and landing (“evtol”) aircraft, today announced an expansion of its existing contract with the u.s. air force's agility prime program that increases the contract's potential value by more than $45 million. building on more than five years of engagement with defense agencies, the expanded contract leverages joby's years of research and technology development and
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