Production And Capacity ExpansionManagement has doubled Joby’s production capacity in Marina, California and is on track to achieve a build rate of one eVTOL aircraft per month, showcasing significant progress in scaling operations.
Regulatory And Certification MilestonesJoby Aviation is making significant progress on certification milestones, with the FAA's issuance of its Special Federal Aviation Regulation supporting the path towards the first major eVTOL aircraft certification for urban air mobility.
Strategic PartnershipsJoby Aviation has strengthened its strategic partnership with Toyota, which is expected to provide supplemental equity capital sufficient for final certification of its aircraft and production line.