Joby and Skyports Partner to Deliver Living Lab for Urban Air Mobility

SANTA CRUZ, CA, & LONDON, UK, Oct 06, 2022 — Joby Aviation, Inc. (NYSE:JOBY) and Skyports Infrastructure today announced they are developing a Living Lab passenger terminal that will enable the two companies to test a variety of technologies and procedures that will help define how passengers experience vertical flight in the future.

“Our all-electric vertical take-off and landing aircraft is set to revolutionize the way we travel in and around cities. Joby riders will skip the traffic, flying directly to their destination at up to 200 mph,” said Eric Allison, Head of Product at Joby.

“But to realize the vision of everyday flight, we need to deliver a seamless and more rapid experience on the ground. The Living Lab will allow us to rethink the terminal experience, keeping our customers front and center throughout their entire journey,” he added.

Duncan Walker, CEO at Skyports, said “We expect the Living Lab to be instrumental in our efforts to engage regulators, government officials, and the public to demonstrate the benefits of electric vertical take-off and landing operations and promote acceptance of this new form of mobility.

“Our aim is to develop vertiport infrastructure that delivers a ‘zero-wait’ check-in experience for customers, and we’re delighted to be working with Joby, one of the leading companies in this sector, to prepare for that future,” he added.

The Living Lab was unveiled in advance of Joby’s Field Trip event, during which the company will open its doors to a range of partners and investors to see behind the scenes of its pilot production facility, where the company’s first production prototype is currently being built. Over the next 18 months, the Living Lab will be showcased at locations throughout the US, giving industry and the public the opportunity to experience the future of aviation.

Earlier this year, Skyports announced a UK government funded project to develop a vertiport at a London General Aviation aerodrome and the company’s European vertiport testbed will launch in November this year at the Pontoise - Cormeilles aerodrome, Paris, with an extensive program of live flight operations.

Photos of the Joby x Skyports Living Lab are available here.

About Joby

Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. To learn more, visit www.jobyaviation.com.

About Skyports

Skyports Infrastructure is the leading enabler of advanced air mobility (AAM), providing the critical link between the ground and the sky. The company designs, builds and operates take-off and landing infrastructure for air taxis, and partners with world-class electric vertical take-off and landing (eVTOL) passenger and cargo vehicle manufacturers around the world to enable safe, sustainable and efficient flight operations within urban and suburban environments.

Based in London, United Kingdom, Skyports has projects operating in multiple continents, including in Asia, Africa, Australia, Europe, Middle East and North America. Skyports investors include Deutsche Bahn Digital Ventures, Groupe ADP, Irelandia Aviation, Levitate Capital, Solar Ventus, The Goodman Group, Kanematsu Corporation, Ardian, F2i and GreenPoint.

Find out more at: www.skyports.net

Forward Looking Statements

This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft, the growth of our manufacturing capabilities, our regulatory outlook, progress and timing; our business plan, objectives, goals and market opportunity; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our aerial ridesharing service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project, and our ability to launch our service; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on March 28, 2022, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this presentation. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

Contacts:

Joby Aviation:

Investors: investors@jobyaviation.com
Media: press@jobyaviation.com

Skyports Infrastructure:

Media: news@skyportsmedia.net