Joby Aviation, a transportation company developing an all-electric vertical take-off and landing (eVTOL) aircraft that it intends to operate as a commercial passenger aircraft beginning in 2024, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021. The annual list is compiled by Fast Company reporters and editors who survey thousands of enterprises around the world to identify the most notable innovators of the year.

Joby recently revealed, for the first time, footage of its aircraft taking off vertically before transitioning to forward flight and then landing vertically. The video can be viewed here.

The honor by Fast Company is the latest accomplishment for Joby Aviation after a year of milestones. In 2020, Joby became the first to agree to a certification basis for an eVTOL aircraft with the FAA, shortly after receiving the U.S. Air Force’s first-ever airworthiness approval for an eVTOL aircraft.

Read the full article by Yahoo! Finance here.