Joby Expands California Manufacturing Facility, Rolls Second Aircraft Off Production Line
29 Abril 2024 - 3:25PM
Business Wire
● New facility will more than double Joby’s
manufacturing footprint in California ● Expansion funded in part by
$9.8 million California Competes grant ● Second production
prototype aircraft has rolled off production line
Joby Aviation, Inc. (NYSE: JOBY), a company developing electric
air taxis for commercial passenger service, today announced it has
broken ground on the expansion of its Pilot Production Line in
Marina, California. The expansion will more than double Joby’s
manufacturing footprint at the Marina Municipal Airport and is
expected to begin operations next year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240429375114/en/
Joby celebrated the planned expansion of
its manufacturing facilities in Marina, California, alongside
Marina Mayor Bruce Delgado, Monterey County Supervisor Wendy
Root-Askew, and Toyota Collaboration Lead Kiyoshiba Mase. (Photo:
Business Wire)
During a ceremony held today to celebrate the groundbreaking,
Joby also showcased its second production prototype aircraft, which
recently rolled off the Company’s pilot production line. The
aircraft is expected to join Joby’s first production prototype
aircraft at Edwards Air Force Base later this year. Two additional
aircraft are in final assembly.
The expanded facility is designed to support a target production
rate of 25 aircraft per year and will also house a range of key
operations facilities, including an expanded pilot training and
flight simulation center as well as aircraft maintenance facilities
that are designed to support the scaling of Joby’s commercial
operations.
“This facility will play a foundational role in our future
success and it is a privilege to once again be growing our
footprint and our workforce in California. I am grateful to the
local community and our many supporters who have advocated on our
behalf to reach this point and to Toyota for everything they
continue to do to make manufacturing a success at Joby,” said
JoeBen Bevirt, Founder and CEO of Joby.
The expansion will be funded in part by the $9.8 million
California Competes grant awarded to Joby by the Governor’s Office
of Business and Economic Development (GO-Biz), in November 2023, to
support the Company’s continued statewide expansion.
Bruce Delgado, Mayor of Marina, commented: “Joby benefits all of
our tri-county community. We’re pleased to see Joby continue to
invest in expanding its presence at Marina Municipal Airport,
providing high-tech jobs in clean manufacturing that benefit the
local community.”
“Joby’s continued success and growth in Monterey County shows
the strength of well-executed public-private partnerships and that
California continues to be a great place for companies to build the
future,” said Monterey County Supervisor Wendy Root-Askew. “We’re
thrilled to see Joby break ground on an expansion to their electric
air taxi factory in Marina and we look forward to future
opportunities to partner for the benefit of our local economy.”
The ceremony was attended by local and regional stakeholders
representing the city of Marina, Monterey County, Monterey Bay
DART, Monterey Bay Economic Partnership, Mujeres en Acción, and
many other organizations that continue to be instrumental to Joby’s
success, including Toyota Motor Corporation.
In addition to Joby’s Marina expansion, Joby recently announced
the acquisition of an existing facility at Dayton International
Airport, as part of the Company’s plans to develop scaled
manufacturing facilities capable of producing up to 500 aircraft
per year.
Joby’s electric air taxi is designed to carry a pilot and four
passengers at speeds of up to 200 mph, offering high-speed mobility
with a fraction of the noise produced by helicopters and zero
operating emissions.
About Joby
Joby Aviation, Inc. (NYSE:JOBY) is a California-based
transportation company developing an all-electric, vertical
take-off and landing air taxi which it intends to operate as part
of a fast, quiet, and convenient service in cities around the
world. To learn more, visit www.jobyaviation.com.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the development and performance of our
aircraft, the growth of our manufacturing capabilities, including
planned production capacity and timing for our facilities in
Marina, California and Dayton, Ohio, our regulatory outlook,
progress and timing our business plan, objectives, goals and market
opportunity; and our current expectations relating to our business,
financial condition, results of operations, prospects, capital
needs and growth of our operations. You can identify
forward-looking statements by the fact that they do not relate
strictly to historical or current facts. These statements may
include words such as “anticipate”, “estimate”, “expect”,
“project”, “plan”, “intend”, “believe”, “may”, “will”, “should”,
“can have”, “likely” and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
operating or financial performance or other events. All forward
looking statements are subject to risks and uncertainties that may
cause actual results to differ materially, including: our ability
to launch our aerial ridesharing service and the growth of the
urban air mobility market generally; our ability to produce
aircraft that meet our performance expectations in the volumes and
on the timelines that we project, and our ability to launch our
service; the competitive environment in which we operate; our
future capital needs; our ability to adequately protect and enforce
our intellectual property rights; our ability to effectively
respond to evolving regulations and standards relating to our
aircraft; our reliance on third-party suppliers and service
partners; uncertainties related to our estimates of the size of the
market for our service and future revenue opportunities; and other
important factors discussed in the section titled “Risk Factors” in
our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission (the “SEC”) on February 27, 2024, and in future
filings and other reports we file with or furnish to the SEC. Any
such forward-looking statements represent management’s estimates
and beliefs as of the date of this release. While we may elect to
update such forward-looking statements at some point in the future,
we disclaim any obligation to do so, even if subsequent events
cause our views to change.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240429375114/en/
Joby Aviation Investors: investors@jobyaviation.com
Media: press@jobyaviation.com
Joby Aviation (NYSE:JOBY)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Joby Aviation (NYSE:JOBY)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024