Stake Purchase • Airlines

SK Telecom Invests In Joby Aviation

On June 29, 2023, SK Telecom invested in airliner Joby Aviation

Investment Context

This is SK Telecom’s 1st transaction in the Airlines sector.
This is SK Telecom’s 6th transaction in the United States.
This is SK Telecom’s 4th transaction in California.

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Investment Summary
Date	June 29, 2023
Target	Joby Aviation
Sector	Airlines
Investor(s)	SK Telecom
Deal Type	Stake Purchase

Target Company

Joby Aviation

Santa Cruz, California, United States

Joby Aviation is a transportation company developing an all-electric vertical takeoff and landing aircraft. Joby Aviation was founded in 2009 and is based in Santa Cruz, California.

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Investor Overview 1

Investor

SK Telecom

Seoul, South Korea

Category	Company
Founded	1984
Sector	Communications
Revenue	17.94T KRW (2024)

DESCRIPTION

SK Telecom is a provider of wireless telecommunications services. SK Telecom was founded in 1984 and is based in Seoul, South Korea.

Deal Context for Investor	#
Overall	11 of 11
Sector: Airlines	1 of 1
Type: Stake Purchase	4 of 4
State: California	4 of 4
Country: United States	6 of 6
Year: 2023	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-06-25	Shopkick Redwood City, California, United States Shopkick, Inc. is a mobile app that offers rewards for walking into stores. It was formed in 2009 and is based in Redwood City, California.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2019-06-25

Shopkick

Redwood City, California, United States

Shopkick, Inc. is a mobile app that offers rewards for walking into stores. It was formed in 2009 and is based in Redwood City, California.

Sell

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