I just want to get right to that Dubai project. You and I have spoken so many times over the years where I ask you, when are we going to see a Joe be fly and where? And it seems like you're closer to answering that. Absolutely. First, thank you so much for inviting me. I'm here in our flight test facility in Marina, California. It's amazing to be with you on Dubai. We're so excited. We're sprinting to the cross the line where we've got incredible support. A six year exclusive in Dubai to provide air taxi service. And our target is to launch that service by the end of next year. Really, really pleased with the progress that we're making. And again, thank you for being having us today. Joe. Ben, You know, I'm really interested in the business model long term, you know that I also take a microscope to your financials. Your losses in sort of cash burn are at

pace with the Street's expectations.
Just explain the timeline of how that changes and when you start becoming
meaningfully revenue generating. Yeah.
So thank you. We are executing exactly the plan, and we
have very rigorous financial discipline. We are methodically ramping our
production. We just announced that we had rolled the
third aircraft off our pilot manufacturing line, and we have the
fourth and fifth coming along quickly behind.
We're going to have four aircraft in our flight test program as we're
driving certification. And we've completed the first three
stages of certification with the FAA. And we're now working on
the fourth stage, where we've announced that we're 37% complete there.
So as we move into commercialization, we can begin to generate meaningful
revenues and reduce the cash burn on the company.
So very, very pleased with progress. Joe Biden.
Is America moving fast enough on TV? Tell America.
Absolutely.

Where we have incredible bipartisan
support in Washington, D.C. And this last year, we were invited
to New York where we were able to fly our air taxi, and in New York City from
the Wall Street helipad. It was a
dream come true for me. I've been working on this for many, many
years, and seeing the age of clean, quiet, emissions-free
aircraft being able to fly in a city like New York is really exciting.
We have an incredible partnership with Delta Airlines, and we're working to
build with the Port Authority to build in-class infrastructure at New York and
LaGuardia or New York, JFK, and LaGuardia.
So, JB. And when does that happen?
The ability to take one of your toll from Wall Street to an airport in the
real world. It's coming very soon.
Again, we're making great progress with the Port Authority on the
permitting of those takeoff and landing.

locations connected to the Delta hub, so
you can get off your Delta flight and onto a job flight very seamlessly.
And you can be in, in a matter of minutes, into Manhattan.
So we think this is a really exciting opportunity, and it's coming very, very
soon, really paced by the speed at which we
can get that infrastructure built.

Joby Aims for Dubai Air Taxi Flights Next Year

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