"Joby Aviation (Nasdaq: JOBY) shares jumped 7.2% in after-hours trading following the company's announcement that NVIDIA (Nasdaq: NVDA) has selected it as the exclusive aviation launch partner for the new IGX Thor platform, powered by NVIDIA's Blackwell architecture. The move reverses a 4.23% intraday decline and signals investor confidence in the partnership's strategic value. JOBY closed regular trading at $15.61 but climbed to around $16.73 after the announcement, extending its already exceptional year-to-date gain of 92%."
"The collaboration centers on accelerating Joby's Superpilot autonomous flight technology for both military and civil aviation applications. NVIDIA's industrial-grade compute platform will enable real-time onboard processing for critical functions including autonomous mission management, sensor fusion, radar and LiDAR processing, and predictive system health monitoring. For investors, the partnership addresses a core technical hurdle for eVTOL operators: the computational power required to achieve FAA certification for autonomous flight in controlled airspace."
Joby Aviation shares rose 7.2% after NVIDIA selected Joby as the exclusive aviation launch partner for the IGX Thor platform powered by NVIDIA's Blackwell architecture. The partnership focuses on accelerating Joby's Superpilot autonomous flight technology across military and civil aviation. NVIDIA's industrial-grade compute will enable real-time onboard processing for mission management, sensor fusion, radar and LiDAR processing, and predictive system health monitoring. Support for functional safety standards on IGX Thor creates a credible pathway toward FAA-certified autonomy, aiding near-term defense opportunities and longer-term civil certification prospects. JOBY remains pre-revenue with an approximate $14.5 billion market capitalization.
Read at 24/7 Wall St.
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