U.S. Joby Aviation is a Californian venture-backed aerospace company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service.
Who invested in Joby?
Joby's prior investors (including key backer Toyota Motor), which hold the majority of the combined company, as well as the executive team and RTP's principals, will have lockups on their shares extending over a five-year period in which stock will be freed up in tranches on a yearly basis, with full vesting for RTP's 11 Aug 2021