Joby Aviation, Inc. (NYSE:JOBY) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET
Company Participants
JoeBen Bevirt - Founder, CEO, Chief Architect, President & Director
Didier Papadopoulos - Head, Program Management & Systems Engineering
Matthew Field - CFO & Treasurer
Paul Sciarra - Executive Chairman
Conference Call Participants
Andres Sheppard - Cantor Fitzgerald & Co.
David Zazula - Barclays Bank
Savi Syth - Raymond James
Kristine Liwag - Morgan Stanley
William Peterson - JPMorgan Chase & Co.
Edison Yu - Deutsche Bank
Operator
Good afternoon, and thank you for holding. My name is Alex, and I will be your conference operator today. Welcome to Joby Aviation's Second Quarter 2022 Conference Call. [Operator Instructions]. As a reminder, today's call is being recorded and a replay of the call will be available on the Investor Relations section of the company's website.
Please note that some of the company's discussion today will include statements regarding future events and financial performance and statements of beliefs, expectation and intent. These forward-looking statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For a more detailed discussion of these risks and uncertainties, please refer to the company's filings with the SEC and the Safe Harbor disclaimer contained in today's shareholder letter. The forward-looking statements included in this call are made only as of the date of this call and the company does not assume any obligation to update or revise them. This call will also include references to the company's adjusted EBITDA, which is a non-GAAP financial measure. A reconciliation of this non-GAAP financial measure to the most directly comparable GAAP measure is included in today's Shareholder Letter, which is posted in the Investor Relations section of the company's website.
On the call from management today are JoeBen Bevirt, Founder and Chief Executive Officer; Paul Sciarra, Executive Chairman; Didier Papadopoulos, Head of Aircraft Development and Manufacturing; and Matt Field, Chief Financial Officer. After their prepared remarks, we will open the call up for questions.
I will now hand the call over to Mr. Bevirt.
JoeBen Bevirt
Thank you, operator. Good afternoon, everyone, and thank you for joining us for today's call. Exactly 1 year ago today, we became a public company and I am tremendously grateful for the trust our investors have put in us and I'm incredibly proud of our team and the progress we have made since then. During the second quarter of this year, we made important progress in all 3 of our key focus areas; type certification, scaling for early manufacturing and preparing for commercial operations. We continue to spend wisely and we remain well capitalized and well positioned to achieve our goals.