On November 4, the U.S. Air Force awarded Joby Aviation additional funding to accelerate development of its autonomous flight technology. The award brings the Air Force’s total commitment to Joby to nearly $37 million. It also raises the contract ceiling for operational testing to $50 million.
Awarded through the Air Force’s AFWERX innovation arm, the funding will support continued development of Joby’s autonomy software and expanded operational testing in the Pacific. The announcement follows Joby’s completion of the first-ever autonomous flight across the United States.
Joby is scheduled to report its third-quarter 2026 financial results after the market closes today.