Joby Falls 2% as Jury Hands Aerosonic a $116.9 Million Trade-Secret Verdict; Archer Slips, EHang Declines 3%
The jury found Joby liable for NDA breaches and trade secret misappropriation, and rejected all eight of its defenses and counterclaims.
- On October 2, a federal jury in Tampa ordered Joby Aviation to pay $116.9 million, finding the company breached a non-disclosure agreement and misappropriated trade secrets tied to Aerosonic's flight sensors.
- Aerosonic began supplying air data probes to Joby in September 2021, but sued in March 2025 after Joby developed its own in-house system using proprietary designs and test data.
- Jurors awarded $68.6 million for the contract breach, $29.9 million for misappropriation, and $18.3 million in exemplary damages. Joby called the verdict "unsupported by the evidence" and vowed to pursue appellate remedies.
- While Joby maintains about $2.3 billion in cash, the verdict reduces the company's estimated cash runway from 37 months to 35 months, pending post-trial motions and potential appeals.
- The verdict contributed to broader sector fatigue, causing shares for Joby, Archer Aviation, and EHang Holdings to dip as investors weigh the legal setback against ongoing development milestones for electric air taxis.
11 Articles
11 Articles
Joby Falls 2% as Jury Hands Aerosonic a $116.9 Million Trade-Secret Verdict; Archer Slips, EHang Declines 3%
A federal jury just handed Joby Aviation a verdict that could drain its cash runway at the worst possible moment, and the fallout is spreading to air taxi rivals that had nothing to do with the case.
Los Angeles Times
Aviation ProsJoby Aviation hit with $116.9-million verdict in trade secrets lawsuit
The aviation technology supplier Aerosonic accused air taxi maker Joby Aviation of breaking a confidentiality agreement and misusing trade secrets related to air pressure sensor probes.
The affected firm claimed that domestic development took only two years instead of a decade, while the defendant will appeal the ruling.
Aerosonic awarded $116.8mn in Joby air data probe dispute
A Florida federal jury has awarded USD116.8 million to instrumentation and air data system developer Aerosonic, after finding eVTOL manufacturer Joby Aviation breached a confidentiality agreement covering air data probes. Aerosonic, a subsidiary of aerospace manufacturer TransDigm, sued Joby in March 2025, alleging the company used proprietary designs and test data to develop in-house probes. The jury awarded USD68.6 million for breach of a 2021…
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