What Happened
Electric Air Taxi Developer Expands Defense Capabilities
Joby Aviation has agreed to acquire Dayton-based Resonant Sciences for approximately $500 million, a deal that would give the electric-air-taxi developer a dedicated defense business with classified capabilities and expanded manufacturing capacity in Ohio. Resonant will continue operating under its existing name and leadership after the transaction closes, while becoming home to Joby’s defense aircraft and autonomy programs. The acquisition is expected to close in the first half of 2027, subject to regulatory reviews and other customary closing conditions, as reported by Ohio Tech News.