09:35 AM EDT, 08/15/2025 (MT Newswires) -- (Updates with recent share price movement in the headline and first paragraph.)

Joby Aviation ( JOBY ) shares were gaining more than 3% in early Friday trading after the company said it completed a first flight between two US airports in airspace controlled by the Federal Aviation Administration.

The company said it operated a 12-minute flight traveling 10 nautical miles between Marina and Monterey airports in California.

The flight marks the first instance in which a piloted electric vertical takeoff and landing air taxi has flown from one public airport to another, Joby Aviation ( JOBY ) said.

Price: 17.92, Change: +0.58, Percent Change: +3.34