What Happened
Electric Air Taxi Pioneer Expands into Advanced Defense Technology
Joby Aviation has announced the acquisition of Resonant Sciences, a defense technology company, for approximately $500 million. The acquisition will significantly expand Joby’s defense business, delivering immediate scale through a rapidly growing and EBITDA-positive business supporting active U.S. national security programs. Resonant Sciences will become Joby’s dedicated defense business, continuing its existing programs while expanding its portfolio to include Joby’s hybrid aircraft and autonomy technologies. This move is expected to create significant opportunities in adjacent markets, including the integration of Joby’s dual-use autonomy stack with Resonant’s RF sensing and signal-processing capabilities. The acquisition was reported by Unknown Source.