On 31 January 2020, Embraer announced significant upgrades to the Phenom 300, with maximum speed increased to Mach 0.80 from 0.78 (464 vs. 446 kn), and range increased to 2,010 nmi (from 1,992 nmi). Rated engine thrust was increased to 3,478 lbf (from 3,360 lbf) on upgraded PW535E1 turbofans.