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Joby Plans Texas Air Taxi Flights in September, Aims for Passenger Service by 2026

Joby Aviation to Launch Texas Air Taxi Flights in September, Targets Passenger Service by 2026
Santa Cruz, Calif. — Joby Aviation, Inc. (NYSE: JOBY), a frontrunner in the development of electric air taxis, has announced its second quarter 2026 financial results alongside key operational milestones as it advances toward commercial passenger service. The company is set to commence its initial electric air taxi flights in Texas this September, with plans to begin carrying passengers by 2026.
Progress Toward Certification and Production Expansion
Joby’s advancements come amid heightened interest in advanced air mobility, as the company moves through the fifth and final stage of the Federal Aviation Administration (FAA) Type Certification process. This certification, initiated with a pilot program in March 2026, represents a crucial step toward full commercial operations. Currently, Joby operates five aircraft in flight and has 12 additional units in production, signaling a significant increase in manufacturing capacity.
A major challenge facing Joby and the broader air taxi sector is the establishment of new access points, such as heliports and vertiports, to enhance the accessibility and utility of air taxi services. To address this, Joby has formed a strategic partnership with Atoms, an industrial AI and infrastructure company founded by Travis Kalanick, to develop multimodal transportation hubs in key U.S. launch markets.
Financial Performance and Strategic Partnerships
Investor confidence in Joby remains robust, supported by major partners including Toyota, Uber, and Delta Air Lines. The company’s joint venture with Toyota is laying the foundation for a strategic manufacturing alliance designed to enable high-volume production. Market analysts recognize the transformative potential of air taxis to revolutionize transportation by replacing many medium-distance trips and overcoming traditional geographic limitations. The competitive landscape is intensifying as other companies also pursue certification, reflecting the rapid evolution of advanced air mobility.
For the quarter ending June 30, 2026, Joby reported $36.2 million in revenue, primarily generated through its partnership with Blade. This performance has led the company to raise its full-year 2026 revenue forecast to between $115 million and $125 million. As of June 30, Joby held $2.3 billion in cash and short-term investments. The company expects to expend between $385 million and $415 million in cash, cash equivalents, and short-term investments during the second half of 2026 to support certification efforts, manufacturing scale-up, and commercialization activities.
Founder and CEO JoeBen Bevirt stated, “With meaningful progress on certification, partnerships, infrastructure, and commercial readiness, we are unlocking the third dimension of mobility and turning electric vertical flight from an extraordinary technology into an everyday reality, giving people their time back and fundamentally changing the way we move.”
Joby will host a live webcast to discuss its second quarter results on Wednesday, August 5, at 2:00 p.m. PT (5:00 p.m. ET). A replay will be made available on the company’s website.
About Joby Aviation
Joby Aviation is a California-based transportation company focused on developing all-electric, vertical take-off and landing air taxis. The company aims to provide fast, quiet, and convenient urban air mobility solutions.

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