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Joby Aviation Stock Soars 169% In 3 Months - Joby Aviation (NYSE:JOBY)

CALIFORNIA, UNITED STATES, JUL 15 – Joby Aviation plans to produce 24 eVTOL aircraft annually in California and scale component production in Ohio, creating about 690 full-time jobs, supported by a $10 million state grant.

  • On July 15, 2025, Joby Aviation expanded its Marina, California facility, bringing it to 435,500 square feet and doubling its aircraft production capacity.
  • In 2024, Joby Aviation secured exclusive six-year rights with the government of Dubai and plans to begin flights there by early 2026.
  • Through a state Treasurer’s Office program, Toyota engineers are integrated with Joby’s teams, according to Joby said, and a California State Treasurer’s Office grant cut equipment costs by $10 million.
  • Joby Aviation added another aircraft to its six-strong test fleet, and Eric Allison said the sixth earned airworthiness certification within a week.
  • At the Dayton, Ohio facility, Joby could produce up to 500 aircraft annually, and Joby said equipment installation is underway to support that scale.
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TechCrunch broke the news in United States on Tuesday, July 15, 2025.
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