
Joby Aviation CEO's 10-year bet just landed defense contract - stock up 100%
Key Points
- Joby Aviation partners with L3Harris to develop hybrid VTOL ...
Joby Aviation just proved that patience pays off in the defense game. After a decade of development, CEO JoeBen Bevirt's flying car company landed a partnership with L3Harris Technologies to build military aircraft that can hover, fly autonomously, and probably make enemy forces wonder if they're watching a sci-fi movie.
Flying Cars Meet Top Gun
The collaboration aims to develop gas turbine hybrid vertical take-off and landing aircraft specifically for low-altitude defense missions. Think of it as an Uber that can shoot back - these machines can operate with or without pilots, giving mil...
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