FutureFlight
With Merger and Wall Street Flotation Close, Joby Opens DC Office
An extraordinary general meeting of shareholders on August 5 is expected to approve Joby's planned merger with special purpose acquisition company Reinvent Technology Partners.
Joby Simulator
Joby has installed a flight simulator in its new Washington, D.C., office to give visitors a chance to experience its eVTOL aircraft seen here "flying" over the U.S. capital. (Image: Joby)

An extraordinary general meeting of Joby shareholders on Thursday is expected to approve the company’s proposed merger with special purpose acquisition company Reinvent Technology Partners. Next week, on August 11, the merged entity, which will trade under the name Joby Aviation, is due to float its shares on the New York Stock Exchange through an offering that is expected to raise around $1.6 billion.

In preparation for life as a public company, the California-based startup has opened an office in Washington, D.C. The new base, which will support collaborative work with U.S. policymakers and other aviation industry stakeholders, is equipped with a flight simulator that demonstrates operations with all-electric eVTOL aircraft Joby plans to bring to the market in 2024.