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Joby Aviation, Inc., a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, announced it has been awarded a $9.8 million California Competes grant by the Governor’s Office of Business and Economic Development (GO-Biz) to support the Company’s continued statewide expansion.
The $9.8 million grant will assist in financing a significant expansion of Joby’s facilities in Marina, California — supporting higher manufacturing volumes and initial training for pilots and aircraft maintainers — as well as continued hiring at the company’s other offices located in San Carlos and Santa Cruz, California.
As part of the agreement, Joby has committed to invest $41.3 million and create 690 additional full-time jobs in the state by 2027.
The CalCompetes grant enables Joby to accelerate early manufacturing in California to support the company’s ongoing type certification program with the Federal Aviation Administration as well as for initial commercial operations, expected to begin in 2025.
“We’re honored to receive a prestigious CalCompetes grant from our home state of California to support pilot training and the growth of our manufacturing facilities in advance of early operations. Joby was founded in 2009, today employs more than 1,250 people across the state, and we’re thrilled to be able to keep growing in California as we deliver revolutionary emissions-free flight,” said JoeBen Bevirt, founder and CEO of Joby.
The grant will also help expand Joby’s existing apprenticeship program, which offers new career opportunities for Salinas Valley residents, starting with paid on-the-job training at Joby’s Marina manufacturing facility.
Originally established in partnership with the Monterey Bay Drone, Automation and Robotics Technology (DART) Initiative with funding from the James Irvine Foundation, Joby has hired more than 30 composite fabrication, aircraft assembly, and equipment maintenance technicians through the program to date.