Joby Aviation buys giant Vandalia building for $61.5M as local growth speeds up [Yahoo! Finance]
Joby Aviation, Inc. (JOBY)
Company Research
Source: Yahoo! Finance
The 728,000-square-foot building (the size of nearly four Walmart stores) at 1669 Capstone Way will support Joby's plans to double production to four aircraft a month in 2027, while also providing space for "significant future growth," the company said. Joby Aero, a wholly-owned subsidiary of Joby Aviation, agreed to buy the building from Capstone STS, LLC, a Texas limited liability company, for $61.5 million, according to an 8-K regulatory document Joby filed with the U.S. Securities and Exchange Commission Wednesday. "That's a good price," said Dave Dickerson, president of business development at Miller Valentine Construction in Dayton. "That's a big investment for the region." Joby plans to pair an ongoing production facility in California with its Ohio operations. The company began production at a smaller, Concorde Drive facility near Dayton International Airport in November. "This site will not only support our near-term plan to double production, it can also serve as a
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JOBY
News
- Joby Aviation Partners With Metropolis to Build 25 Air Taxi Vertiports Across U.S. [Los Angeles Times (CA)]Los Angeles Times
- Cathie Wood Invest Dumps Over $10 Million Of Palantir Stock Amid Talk Of 'Cramer Curse' — Buys This Hot AI Stock Instead [Yahoo! Finance]Yahoo! Finance
- Joby to Benefit From Second Ohio Facility Acquisition: Here's How [Yahoo! Finance]Yahoo! Finance
- Flying Cars and Rising Bars: The 2026 eVTOL Breakout Begins [Yahoo! Finance]Yahoo! Finance
- Joby to Expand Manufacturing Footprint with Acquisition of Second Ohio Facility [Yahoo! Finance]Yahoo! Finance
JOBY
Earnings
- 11/5/25 - Miss
JOBY
Sec Filings
- 1/7/26 - Form 8-K
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- JOBY's page on the SEC website