Joby's eVTOL aircraft combines helicopter-like takeoff flexibility with fixed-wing aircraft speed and efficiency. The aircraft can carry four passengers and a pilot at speeds of up to 200 mph while operating far more quietly than traditional helicopters.

Electric Vertical Take-Off and Landing (eVTOL) stocks have done well in the last 12 months as investors anticipate their certification and cheer their fundraising from top blue-chip companies. Archer Aviation stock price has soared by 100%,