Shares of Joby Aviation, Inc. (NYSE: JOBY) experienced a significant surge of over 10% in pre-market trading following the announcement of an equity investment by SK Telecom Co., Ltd.? (NYSE: SKM), a prominent telecommunications company in South Korea. SK Telecom is investing $100 million in Joby, further solidifying their collaboration.

The partnership allows Joby to participate alongside SK Telecom in Korea's "K-UAM Grand Challenge," a program initiated by the Korean Ministry of Land, Infrastructure and Transport. This program aims to promote the adoption of aerial ridesharing in Korea. The agreement was executed on June 27, opening new opportunities for Joby's expansion in the region.

In pre-market, $JOBY was trading at $10.44, representing a notable increase of $1.48 (+16.52%).

In other news, Nano Dimension Ltd. (Nasdaq: NNDM) achieved a significant milestone by delivering its best quarter to date.

The company reported record consolidated revenues of $14.97 million for the first quarter of 2023. This represents a remarkable 43% increase year-over-year and a solid 24% increase quarter-over-quarter.

Furthermore, the net income for the first quarter of 2023 amounted to $22,222,000, or $0.09 per share. This marked a significant improvement from the net loss of $87,667,000, or $0.34 loss per share, in the fourth quarter of 2022 and the net loss of $33,093,000, or $0.13 loss per share, in the first quarter of 2022.

$NNDM was trading at $2.49, experiencing a slight increase of $0.08 (3.32%) in pre-market.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)