JOBY AVIATION is expanding its pilot production facility in Marina, CA to more than double its manufacturing footprint starting in 2025 under plan to produce up to 500 aircraft per year; it also rolled out its second production aircraft.
IBC ADVANCED ALLOYS announced it will focus on copper alloy production in Franklin, IN, and close its Massachusetts-based beryllium-aluminum alloy plant in mid-2024 due to insufficient demand for cast beryllium-aluminum alloy products.
EMBRAER plans to invest US$390m in 2024 in eVTOL research/development, expansion of aeronautical services, including freighter conversions, defense and security, efficiency improvement, and the expansion of industrial activities.