Joby Aviation, Inc. (NYSE: JOBY), a California-based company focusing on the development of electric air taxis, has formally applied for certification of its aircraft in Australia. This move marks a significant milestone in Joby's efforts to enter the global market for commercial electric air taxi services. The company submitted its application to the Australian Civil Aviation Safety Authority (CASA) for the validation of its aircraft, leveraging a bi-lateral agreement for mutual recognition of regulatory standards between the U.S. Federal Aviation Administration (FAA) and CASA.