The two companies will focus initially on Jetex locations across the Middle East, where Joby plans to install its Global Electric Aviation Charging System (GEACS), to support Joby operations that will connect Jetex passengers to a network of vertiports, offering efficient and sustainable travel across the region and between Emirates.

Joby is partnering with Jetex to redefine seamless connectivity for customers across the Middle East through advanced air mobility.

Joby Aviation hopes to help revolutionize transportation through its air taxi ambitions. While the market could be huge, Joby will have to contend with rivals like Archer Aviation. The company aspires to both manufacture its aircraft and manage a taxi service as well.

Joby Aviation stock price has bounced back this year as investors anticipate its upcoming commercialization phase. It soared to a high of $9.30, its highest level since July 2023, pushing its market cap to over $6.