What Happened
Electric Aircraft Developer Expands Defense Business with Strategic Acquisition
Joby Aviation has entered into a definitive agreement to acquire defense contractor Resonant Sciences for approximately $500 million, expanding its military portfolio and delivering immediate scale to its defense business. The acquisition pairs Joby’s aerospace engineering and electric propulsion technology with Resonant’s advanced radio-frequency and mission systems capabilities, accelerating the development of autonomous systems for national security environments. The deal is expected to close in the first half of 2027, according to Aviation News Daily.