Joby Aviation

Joby Aviation broke ground on the expansion of its pilot production line in Marina, California. The $41.3 million expansion will create 690 jobs and more than double yearly production capacity to 25 planes annually, with operations expected to begin in 2025.

Joby Aviation broke ground on an expansion of its Pilot Production Line in Marina, California, which will more than double its manufacturing footprint and support a target production rate of 25 aircraft per year. The expansion is funded in part by a $9.8 million California Competes grant and is expected to begin operations in 2025.

Joby Aviation acquired an existing facility at Dayton International Airport in Ohio to support initial manufacturing operations, expected to begin later in 2024. The facility will be used for subtractive manufacturing of titanium and aluminum aircraft parts.

Joby Aviation plans to build its first scaled manufacturing facility at Dayton International Airport in Ohio, capable of producing up to 500 aircraft per year. The company will invest up to $500 million and create up to 2,000 jobs, with construction expected to start in 2024 and the facility coming online in 2025.

Joby Aviation signed a long-term agreement with Toray Advanced Composites to supply composite materials for its eVTOL aircraft, to be manufactured at a factory under construction in Marina, California.

Joby Aviation and Toray Advanced Composites announced a long-term supply agreement for carbon fiber to be used in the fuselages of Joby's eVTOL aircraft. Toray has already started supplying prepreg carbon fiber from its U.S. facilities.

Toray Advanced Composites has finalized a long-term supply agreement with Joby Aviation to provide carbon fiber composite materials for Joby's electric vertical take-off and landing aircraft. The agreement was announced on December 8, 2020.