financetom
Business
financetom
/
Business
/
Joby Aviation Demonstrates Autonomous Logistics Flight With the US Air Force
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Joby Aviation Demonstrates Autonomous Logistics Flight With the US Air Force
Aug 26, 2024 6:52 PM

07:10 AM EDT, 08/26/2024 (MT Newswires) -- Joby Aviation ( JOBY ) said Monday that it demonstrated autonomous logistics aircraft operations during the "Agile Flag 24-3" exercise with the US Air Force.

During the exercise, Joby's team operated a fully autonomous Cessna 208B Grand Caravan for more than 3,900 miles of flight between military bases and public airports across California and Nevada to transport essential components to restore the operational readiness of various Air Force assets, the company said.

The company also displayed its ability to remotely supervise the aircraft using a laptop and a satellite communications terminal.

Price: 5.17, Change: +0.06, Percent Change: +1.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hanesbrands +5% After Q1 Results - Here's Why
Hanesbrands +5% After Q1 Results - Here's Why
May 9, 2024
Hanesbrands Inc. ( HBI ) shares are trading higher on Thursday. The company reported a first-quarter adjusted loss per share of two cents, narrower than the analyst consensus for a loss of 7 cents.  Quarterly revenues of $1.156 billion missed the street view of $1.185 billion. As compared to prior year, net sales decreased approximately 17%, with approximately 120 basis points due to the U.S. Sheer Hosiery...
Sector Update: Consumer
Sector Update: Consumer
May 9, 2024
01:28 PM EDT, 05/09/2024 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.9%. In corporate news, Yeti (YETI) reported stronger-than-expected gains in Q1 results on Thursday and upped its full-year per-share earnings target, while conservatively reiterating its sales...
Zai Lab's Shares Rise After Q1 Beat
Zai Lab's Shares Rise After Q1 Beat
May 9, 2024
01:17 PM EDT, 05/09/2024 (MT Newswires) -- Zai Lab ( ZLAB ) shares rose past 23% in recent Thursday trading, a day after the company posted Q1 results that beat market expectations. The company reported its Q1 loss widened to $0.55 per diluted American depositary share from $0.51 a year earlier. Analysts polled by Capital IQ expected a loss of...
Paccar Insider Sold Shares Worth $3,594,091, According to a Recent SEC Filing
Paccar Insider Sold Shares Worth $3,594,091, According to a Recent SEC Filing
May 9, 2024
01:16 PM EDT, 05/09/2024 (MT Newswires) -- R Preston Feight, Director, CEO, on May 07, 2024, sold 33,850 shares in Paccar ( PCAR ) for $3,594,091. Following the Form 4 filing with the SEC, Feight has control over a total of 170,693 shares of the company, with 154,430 shares held directly and 16,263 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/75362/000122520824005877/xslF345X03/doc4.xml Price: 108.51,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved