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

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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 ramping up its manufacturing capabilities in Dayton, Ohio, by acquiring an existing facility to begin initial aircraft parts production this year, with plans for a larger greenfield factory to follow.
The Dayton plant is projected to be fully operational by 2025, capable of producing up to 500 eVTOL aircraft annually, supported by a $500 million investment and creating up to 2,000 jobs.
Concurrently, Joby's Marina, California, pilot production line is aiming to produce about a dozen eVTOL aircraft by year-end, in preparation for certification and anticipated commercial launches in 2025 in partnership with Delta Air Lines.

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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.