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Joby buys Ohio plant for $61.5M to boost eVTOL production
short by / on Wednesday, 7 January, 2026
Joby Aviation agreed to buy a ready-to-use 700,000-square-foot facility in Dayton, Ohio, for $61.5 million as it prepares to double electric air-taxi production to four aircraft per month by 2027. The site, expected to begin operations this year, will support expansion alongside existing Joby plants. Shares slipped over 1% after the announcement.
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