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AAM & UAM Int. Business

Joby And Abdul Latif Jameel Explore Sale Of Up To 200 AAM Electric Air Taxi Aircraft In Saudi Arabia At $1B Value

Today Joby and Abdul Latif Jameel announced that they’ve entered into a Memorandum of Understanding (MOU) to explore the sale of up to 200 aircraft in Saudi Arabia—valued at approximately $1 billion. The agreement builds on a long-standing relationship: the Jameel family invested in Joby’s Series C funding round in 2020.

Establishing a distribution agreement in Saudi Arabia: The two businesses will work together to explore distribution and sales collaborations, the launch of local air taxi services, and pilot training. In the long-term, Abdul Latif Jameel and Joby also see potential revenue opportunities across the Middle East.
Multiple Pathways to Market: The agreement builds on Joby’s uniquely aligned coalition of strategic partners and investors, including Toyota, Delta, and Uber. Together, these relationships create an ecosystem that gives Joby multiple, high-confidence routes to revenue—from aircraft sales to commercial operations—accelerating Joby’s path to scale.
Bringing America’s leadership in electric air mobility to the world: The UAE and broader Middle East offer a high-impact proving ground for Joby’s aircraft—allowing the company to showcase U.S.-built technology, safety standards, and operational readiness on the world stage.

… notes from SP.
Press release and Image Credit: Joby Media

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EVHNews

Electric-Hybrid E Automotive, E Aviation, E Marine Technology & Future Innovative Electric-Hybrid VTOL Aerospace Tech News Around The World!

EVHNews.com is a dedicated global digital Technology platform for EVVTOL a Global EV / Hybrid Automotive, E-Aviation, E-VTOL, E-Marine Future Technology Industry Show & Expo Event Organization where the world biggest EV & E-VTOL brands invest in the future of transportation.

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This digital platform will include reviews and resources from global industry leaders, many with a focus on clean blue technology and alternative fuels where applicable. EVH news platform is for all to have access to the tools and information available for the future for breakthrough e-technology of the e-automotive, e-aviation, e-marine, e-motorcycle e-semi & e-truck e-motorsport industries.

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• EVVTOL a new corporation branding itself as the most Influential global future technology show / expo event organization by strategically positioning itself to successfully facilitate EV and VTOL transportation industry clients with their needs!

• EVVTOL’s goal is to showcase the EV & VTOL industry and introduce the major EV & VTOL vehicles and component manufactures in the e-tech world by unveiling and displaying cutting-edge EV & E-VTOL technology.

• EVVTOL mission is to introduce multiple technology shows & expos including influential high-level EV business summits based on the dual themes of business engagement with key manufacturers working in the EV & E mobility Industry, energy vehicle information technology and charging infrastructure Industry. These events are excellent opportunities to learn about and discuss the latest future transportation technology advancements in EV& VTOL industry, and the battery energy challenges that still remain.

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EVHNews

Electric-Hybrid E Automotive, E Aviation, E Marine Technology & Future Innovative Electric-Hybrid VTOL Aerospace Tech News Around The World! EVHNews.com is a dedicated global digital Technology platform for EVVTOL a Global EV / Hybrid Automotive, E-Aviation, E-VTOL, E-Marine Future Technology Industry Show & Expo Event Organization where the world biggest EV & E-VTOL brands invest in the future of transportation. EV H News is committed to the Electric Vehicles & EV-Hybrid Automotive, E-Aviation E-VTOL-UAV E-Marine, industry including e-mobility e-semi & e-truck. This digital platform will include reviews and resources from global industry leaders, many with a focus on clean blue technology and alternative fuels where applicable. EVH news platform is for all to have access to the tools and information available for the future for breakthrough e-technology of the e-automotive, e-aviation, e-marine, e-motorcycle e-semi & e-truck e-motorsport industries. About EVVTOL • EVVTOL a new corporation branding itself as the most Influential global future technology show / expo event organization by strategically positioning itself to successfully facilitate EV and VTOL transportation industry clients with their needs! • EVVTOL’s goal is to showcase the EV & VTOL industry and introduce the major EV & VTOL vehicles and component manufactures in the e-tech world by unveiling and displaying cutting-edge EV & E-VTOL technology. • EVVTOL mission is to introduce multiple technology shows & expos including influential high-level EV business summits based on the dual themes of business engagement with key manufacturers working in the EV & E mobility Industry, energy vehicle information technology and charging infrastructure Industry. These events are excellent opportunities to learn about and discuss the latest future transportation technology advancements in EV& VTOL industry, and the battery energy challenges that still remain. (evvtol.org) 877-4EV-VTOL (877-438-8865)

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