Electric air taxi maker Joby Aviation (JOBY) bought a 700,000-square-foot Ohio factory to double manufacturing capacity as it awaits FAA approval.
The expansion signals Joby’s confidence in securing regulatory clearance and meeting anticipated demand for commercial air taxi services starting in 2025.
Key Takeaways
- Joby acquired 700,000-square-foot Dayton facility to expand production
- Company targets four aircraft monthly by 2027
- Move positions firm for FAA certification milestone
Manufacturing Expansion Strategy
Joby Aviation announced the acquisition of the Dayton, Ohio manufacturing facility on Wednesday, more than doubling its production footprint 1. The company plans to increase manufacturing capacity to four aircraft per month by 2027, up from current levels 2.
The Ohio facility will complement Joby’s existing California operations as the company prepares for commercial launch. Toyota, Joby’s strategic partner, is collaborating on the manufacturing ramp-up strategy 6.
Market Position and Demand
Joby has disclosed more than 1 billion in potential aircraft and service sales, indicating strong early market interest 5. The expansion comes amid what the company describes as “unprecedented support for advanced air mobility” from government and commercial partners 2.
The eVTOL market remains nascent, with several competitors including Archer Aviation and EHang also pursuing FAA certification for commercial operations.
Regulatory Progress
The manufacturing expansion reflects Joby’s advancing regulatory timeline with the Federal Aviation Administration. The company has been working through the lengthy certification process required for commercial passenger operations using electric vertical takeoff and landing aircraft.
The U.S. government’s eVTOL Integration Initiative has provided additional support for the emerging industry, creating tailwinds for certification efforts 5.
Production Timeline
Joby’s manufacturing strategy focuses on scaling production efficiently across both facilities. The company aims to reach four aircraft per month by 2027, positioning it to capture early market share once commercial operations begin 4.
The Ohio facility acquisition represents a significant capital commitment as Joby transitions from development to production readiness ahead of expected FAA approval.
Not investment advice. For informational purposes only.
References
1CNBC (2026-01-07). “eVTOL maker Joby buys new factory, doubling manufacturing footprint”. CNBC. Retrieved January 7, 2026.
2Joby Aviation (2025-12-17). “Joby Announces Plans to Double Manufacturing Capacity in United States”. Joby Aviation Investor Relations. Retrieved January 7, 2026.
3LinkedIn CNBC (2026-01-07). “Air taxi maker Joby buys new Ohio factory”. LinkedIn. Retrieved January 7, 2026.
4Yahoo Finance (2025-12-17). “Joby Announces Plans to Double Manufacturing Capacity”. Yahoo Finance. Retrieved January 7, 2026.
5Helihub (2026-01-02). “Joby announced plans to double manufacturing capacity in US”. Helihub. Retrieved January 7, 2026.
6Composites World (2026-01-07). “Joby plans to double U.S. eVTOL manufacturing capacity”. Composites World. Retrieved January 7, 2026.
7Market Chameleon (2025-12-17). “Joby Targets Doubling Production”. Market Chameleon. Retrieved January 7, 2026.
8Manufacturing Today (2025-12-17). “Joby to double aircraft output with US manufacturing expansion”. Manufacturing Today. Retrieved January 7, 2026.
9Thomasnet (2025-12-18). “Joby to Double Manufacturing of Electric Commercial Aircraft”. Thomasnet. Retrieved January 7, 2026.