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Toyota Motor Corp. is investing an additional $500 million to support the certification and commercial production of Joby Aviation Inc.’s eVTOL aircraft.

Hydrogen-electric program builds on technology developed by H2FLY subsidiary, demonstrates potential for emissions-free regional travel using Joby’s all-composite eVTOL aircraft.

Existing facility at Dayton International Airport will enable 500 eVTOLs per year, serving as Joby’s initial manufacturing footprint in the region.

The all-electric aircraft company has been given exclusive rights to operate air taxis in Dubai by early 2026 for six years, in addition to other financial and operational support.

Located in the “birthplace of aviation,” Joby’s 2025 facility, led by state and local support, will deliver up to 500 aircraft per year with potential to reinforce further growth.

Joby’s contract with the U.S. Air Force is now valued at up to $131 million following a $55 million extension that includes provision of up to nine Joby aircraft, two of which will be delivered to Edwards Air Force Base.

California-built eVTOL aircraft tests Joby’s matured quality management system in preparation for FAA type and production certifications.

GKN Aerospace will manufacture thermoplastic composite flight control surfaces for Joby’s all-electric, four-passenger, composites-intensive ride-sharing aircraft.

$9.8 million will grow the eVTOL aircraft manufacturer’s footprint in Marina, California, support 690 new state jobs and accelerate early manufacturing to support initial commercial operations, targeted for 2025.

Composites-intensive air taxi is delivered six months ahead of schedule for use in logistic mission demonstrations by the U.S. Air Force and AAM-focused research by NASA.