What Happened
Electric Aircraft Company Expands Military Capabilities
Joby Aviation has announced the acquisition of defense firm Resonant Sciences in a $500 million deal, aiming to expand its military capabilities. Resonant Sciences, founded in 2015, develops systems that enable aircraft to operate in complex environments, including war zones. The acquisition is expected to close in early 2027, with Resonant continuing its existing work as Joby’s dedicated defense division. This move may signal a broader trend of eVTOL companies seeking lucrative military contracts to supplement their commercial air taxi businesses, as reported by The Verge.