Joby Aviation announced Sunday that it has signed a definitive agreement with Dubai’s Road and Transport Authority to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025. The agreement, signed at the World Governments Summit in Dubai in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, provides Joby with the exclusive right to operate air taxis in Dubai for six years. JoeBen Bevirt, founder and CEO, Joby Aviation, said: “It is an honor to partner with the government of Dubai to demonstrate the value of sustainable air travel to the world.” Shares of Joby Aviation are up nearly 6% in premarket trading.
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