Joby Aviation Acquires Ohio Facility To Support Initial Manufacturing of Electric Air Taxi

The manufacturer called the acquisition the “first step” of its plan to build a facility capable of churning out 500 air taxis per year in 2025.

Jack Daleo

Tuesday, March 05, 2024 at 05:54 PM ET

Verified

Two of Joby’s eVTOL air taxi prototypes sit on the runway at the company’s pilot production line in Marina, California. [Courtesy: Joby Aviation]

Key Takeaways:

Joby Aviation is significantly expanding its manufacturing presence at Dayton International Airport, acquiring an existing facility and planning a larger factory to produce up to 500 eVTOL aircraft annually by 2025.
The Dayton facility will initially manufacture aircraft parts, complementing Joby's current pilot production line in Marina, California, which is already assembling eVTOLs for certification.
This major expansion, involving up to $500 million in investment and 2,000 new jobs, underpins Joby's goal to launch commercial air taxi services with Delta Air Lines by 2025.

See a mistake? Contact us.

Electric vertical takeoff and landing (eVTOL) manufacturer Joby Aviation is ramping up activity at its scaled manufacturing plant, under construction at Dayton International Airport (KDAY) in Dayton, Ohio.

The company on Tuesday said it acquired an existing on-airport facility and has begun hiring to support its initial manufacturing operations, which it expects to begin later this year. Joby called the acquisition the “first step” in its plan to build facilities capable of churning out up to 500 aircraft per year in Dayton, beginning in 2025.