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Joby Aviation (JOBY)

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Earnings summaries and quarterly performance for Joby Aviation.

Recent press releases and 8-K filings for JOBY.

Joby Aviation Announces Concurrent Offerings of Convertible Senior Notes and Common Stock
JOBY
Debt Issuance
  • Joby Aviation, Inc. is issuing and selling $600,000,000 principal amount of 0.75% Convertible Senior Notes due 2032, with an option for an additional $90,000,000.
  • Concurrently, the company is conducting a Concurrent Follow-On Offering of 52,863,437 shares of common stock at $11.35 per share, with an option for an additional 7,929,515 shares.
  • A separate Delta Offering of 5,286,343 shares of common stock is also being conducted to facilitate hedging transactions for the Convertible Notes, with no new issuance of common stock in this offering.
  • The aggregate offering size for the Common Stock Offering and the Convertible Note Offering has been increased from a previously announced combined $1,000,000,000. The closing date for the Firm Shares is February 2, 2026.
4 days ago
Joby Aviation Prices Upsized Common Stock and Convertible Senior Notes Offerings
JOBY
Debt Issuance
New Projects/Investments
  • Joby Aviation priced an upsized offering of $600.0 million aggregate principal amount of 0.75% convertible senior notes due 2032 and 52,863,437 shares of common stock at $11.35 per share, with settlement expected on February 2, 2026.
  • The convertible senior notes will accrue interest at 0.75% per annum and mature on February 15, 2032, with an initial conversion price of approximately $14.19 per share, representing a 25.0% premium over the common stock offering price.
  • The estimated net proceeds are approximately $576.0 million from the common stock offering and $582.9 million from the note offering.
  • Joby intends to use the net proceeds to fund certification and manufacturing efforts, prepare for commercial operations, and for general working capital and corporate purposes, including $55.0 million from the note offering for capped call transactions.
Jan 29, 2026, 8:48 AM
Joby Aviation Announces Proposed Common Stock and Convertible Senior Notes Offerings
JOBY
Debt Issuance
New Projects/Investments
  • Joby Aviation announced its intention to offer common stock and convertible senior notes due February 15, 2032.
  • The aggregate anticipated proceeds from these offerings are $1,000,000,000.
  • The company plans to use the net proceeds to fund certification and manufacturing efforts, prepare for commercial operations, and for general working capital and other corporate purposes.
  • Joby also expects to enter into capped call transactions to generally reduce potential dilution to its common stock upon any conversion of the notes.
Jan 28, 2026, 9:42 PM
Joby Aviation Joins Ohio's eIPP Proposal and Expands Manufacturing
JOBY
New Projects/Investments
Hiring
  • Ohio has submitted a proposal to the Federal Aviation Administration’s Electric Vertical Takeoff and Landing Integration Pilot Program (eIPP) that includes Joby Aviation leveraging its advanced flight capabilities, including Superpilot™ autonomous flight technology, to support long-distance medical transport across a four-state region.
  • Joby Aviation is doubling its U.S. manufacturing capacity to meet global demand for advanced air mobility, supported by its growing Ohio team.
  • In January 2026, Joby acquired a second manufacturing facility in the Dayton area for $61.5 million, expanding its Ohio manufacturing footprint to over 700,000 square feet.
  • This new facility will support Joby's plans to double production to four aircraft per month by 2027, with operations expected to begin in 2026.
  • Joby also launched propeller blade production at its Dayton, Ohio facility in October 2025, establishing it as the company’s long-term hub for blade production.
Jan 28, 2026, 2:05 PM
Joby Aviation to Acquire Second Ohio Manufacturing Facility
JOBY
M&A
New Projects/Investments
  • Joby Aviation has signed an agreement to acquire a second manufacturing facility in the Dayton, Ohio area, spanning more than 700,000 square feet.
  • The facility is ready for immediate use, with operations expected to begin this year.
  • This acquisition is a major step towards Joby's commitment to double aircraft production to four aircraft per month in 2027.
  • The new facility will also provide space for significant future growth and expands Joby’s dual-site manufacturing strategy.
Jan 7, 2026, 2:16 PM
Joby Aviation to Acquire Second Manufacturing Facility in Ohio
JOBY
New Projects/Investments
M&A
  • Joby Aviation, Inc. announced an agreement to acquire a second manufacturing facility in the Dayton, Ohio area, spanning 728,000 square feet, to expand its manufacturing footprint.
  • This acquisition supports Joby's plans to double aircraft production to four aircraft per month in 2027.
  • The purchase price for the facility is $61,500,000, with the closing expected no later than February 27, 2026.
Jan 7, 2026, 2:01 PM
Joby Aviation Acquires Manufacturing Facility for eVTOL Production
JOBY
New Projects/Investments
M&A
  • Joby Aviation has agreed to acquire a 700,000-square-foot manufacturing facility in Vandalia/Dayton for approximately $61.5 million to expand its Ohio footprint and scale electric air taxi production.
  • The company aims to increase output to four eVTOL aircraft per month by 2027, with operations at the new site expected to commence in 2026.
  • This expansion is supported by significant external funding, including a reported $894 million from Toyota.
  • Currently, Joby's entire revenue is generated from flight services provided to the U.S. Department of Defense.
  • Analyst sentiment is mixed, with a Hold consensus and an average price target of $15.50, suggesting approximately 3% downside.
Jan 7, 2026, 1:30 PM
Joby Aviation Accepts First CAE Simulator, Advances FAA Certification
JOBY
New Projects/Investments
Product Launch
  • Joby Aviation has accepted the first of two CAE-built flight simulators, a crucial step for FAA certification and pilot training for commercial eVTOL air-taxi operations.
  • These simulators are designed to meet high FAA classifications for Part 135 single-pilot commercial operations and are projected to support training for up to 250 pilots annually.
  • Joby expects to begin flying passengers in Dubai next year (2027) while continuing to meet FAA safety standards for U.S. commercial operations.
  • The company is expanding its Marina facility with the goal to double production capacity by 2027 and is emphasizing vertical integration.
Jan 6, 2026, 1:23 PM
Joby Aviation Supports U.S. Government's Advanced Air Mobility Plan
JOBY
New Projects/Investments
Product Launch
Hiring
  • Joby Aviation announced its support for the U.S. Department of Transportation’s (DOT) Advanced Air Mobility (AAM) National Strategy, which provides a clear policy roadmap for AAM deployment and integration.
  • The strategy aligns with Joby's preparations for early air taxi operations in U.S. cities through the eIPP program, with 2026 anticipated as an inflection point for pre-certification demonstration programs and commercial launch.
  • Joby's operational approach emphasizes leveraging existing or repurposed infrastructure, and the company has accumulated significant flight data, including over 50,000 miles flown and 850 flights in 2025, to support the strategy's recommendations.
  • The company is actively building a skilled AAM workforce, employing over 2,000 people globally, and its aircraft are in the final stage of FAA certification.
Dec 17, 2025, 9:05 PM
Joby Aviation Announces Plans to Double Manufacturing Capacity
JOBY
New Projects/Investments
Guidance Update
  • Joby Aviation plans to double its manufacturing capacity in the United States to produce four aircraft per month by 2027, up from the current two aircraft per month.
  • This expansion will utilize Joby's facilities in California and Ohio and is supported by a planned strategic manufacturing alliance with Toyota, following a $250 million strategic investment from Toyota in May 2025.
  • The decision to expand is driven by over $1 billion in potential aircraft and service sales and U.S. government support, which aims to enable air taxi operations as early as 2026.
  • Joby has also reached a critical milestone by beginning power-on testing for FAA-conforming aircraft, a step towards Type Inspection Authorization (TIA).
Dec 17, 2025, 1:00 PM