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JOBY
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Joby Aviation doubles pilot eVTOL facility capacity as it races toward air taxi launch

1. Joby expanded its pilot manufacturing facility to 435,500 square feet. 2. The facility will produce 24 aircraft annually, nearly one biweekly. 3. Joby hired Toyota engineers for construction of its sites. 4. Production expected to commence in Dubai before U.S. market entry. 5. Joby certified a sixth aircraft for airworthiness quickly.

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FAQ

Why Bullish?

Expansion of production capacity indicates strong growth potential, similar to past tech booms.

How important is it?

Increased capacity and funding signify robust operational growth plans for JOBY.

Why Long Term?

As production ramps up, JOBY will better meet market demand post-2026.

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