Joby Aviation acquires 728,000 sq ft Ohio facility for $61.5M, financed with $30.8M loan

Filed March 11, 2026 · Period ending March 6, 2026 · ~1 min read

Key Changes

• high

  Joby subsidiary completed purchase of 728,000 square foot industrial property in Vandalia, Ohio for $61.5 million on March 6, 2026, representing significant manufacturing capacity expansion.

  Item 1.01 verify on EDGAR →
• high

  Acquisition financed through $30.75 million senior secured loan to special-purpose subsidiary PropCo, with 10-year interest-only term at fixed rate tied to 10-year Treasury yield plus margin.

  Item 2.03 verify on EDGAR →
• medium

  Loan secured by mortgage on the property and pledge of subsidiary membership interests, with parent company Aero providing limited guarantees for bad-faith actions and environmental liabilities.

  Item 1.01 verify on EDGAR →