Joby Achieves New Milestones

Joby Aviation’s stock rose sharply this week following several major announcements that signal the company is accelerating toward commercial operations.

First, Joby expanded its Marina, California manufacturing facility to 435,500 square feet, effectively doubling its production capacity to 24 aircraft per year. This expansion includes new capital equipment funded in part by nearly $20 million in state and federal grants.

Second, Joby added a sixth aircraft to its test fleet, which received FAA airworthiness certification within a week—a sign of improved development speed and regulatory momentum.

Third, Joby is ramping up operations at its newly renovated Dayton, Ohio facility, which will handle testing and production of key aircraft components. This move positions the company for eventual high-volume manufacturing.

In addition, Joby continues to apply Toyota’s world-class production system at both sites, strengthening its manufacturing strategy through process efficiency and quality control.

These developments sent Joby’s stock up by approximately 8–10 percent, with shares hitting a 52-week high above $13.80. Investors are responding positively to the company’s clear and tangible progress in scaling operations, validating its roadmap toward commercial eVTOL service. With a targeted 2026 launch in Dubai and increasing operational readiness, Joby is gaining momentum and investor confidence at a critical time.