Joby Aviation (JOBY) announced that it is making investments to double its manufacturing capacity in the United States, to support the production of four aircraft per month in 2027. “We are entering the next golden age of aviation,” said JoeBen Bevirt, founder and CEO, Joby Aviation. “From factories in California and Ohio, we plan to redefine how people travel across the world, as Joby becomes one of a small number of companies in the world with the industrial capability to build aircraft at this pace and quality.” In May 2025, Joby announced the successful closing of the first $250M tranche of a strategic investment from Toyota (TM). The two companies are now working to finalize a strategic manufacturing alliance that will support the ramp-up of production.
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