Joby aviation to deliver aircraft to edwards air force base as part of department of defense contract valued up to $131 million

Santa cruz, calif.--(business wire)--joby aviation, inc. (nyse:joby), a company developing electric vertical take-off and landing (evtol) aircraft, today announced the third extension of its agility prime contract with the united states air force. the $55 million contract extension brings the total potential value of joby's current contract with the air force up to $131 million and underlines the u.s. government's continued commitment to leadership in this new sector. as part of the agreement,.
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