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Joby flexes military muscle with $500 million defense acquisition

The eVTOL company is trying to shore up its defense business with the acquisition of the Dayton, Ohio-based firm.

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economictimes.indiatimes.com

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AI · summaries

theverge.comStai leggendo18 h fa

Joby flexes military muscle with $500 million defense acquisition

The eVTOL company is trying to shore up its defense business with the acquisition of the Dayton, Ohio-based firm.

originale

Timeline cronologica

martedì 11 agosto 2026·theverge.com
Joby flexes military muscle with $500 million defense acquisition
The eVTOL company is trying to shore up its defense business with the acquisition of the Dayton, Ohio-based firm.
martedì 11 agosto 2026·axios.com
Joby builds defense muscle with $500M buy of Resonant Sciences
The deal is expected to close in the first half of 2027 and will be funded via cash and common stock.

breakingdefense.com

13 h fa

Joby to buy Resonant Sciences, establish defense business in $500 million deal - Breaking Defense

Joby acquires Resonant Sciences ($500M) to build a defense division for autonomous aircraft with RF sensing, abandoning civil air-taxi focus. The pivot signals commercial air-taxi remains unproven; defense autonomy emerges as the sector's real value driver as industry consolidates toward military applications.

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techcrunch.com14 h fa

Joby Aviation builds out defense business with $500M acquisition | TechCrunch

Joby Aviation acquires Resonant Sciences ($500M) to secure $100M-revenue defense contracts for multi-year eVTOL certification. This reveals how deep-tech firms monetize government contracts as runway during product certification—a key M&A pattern for capital-intensive frontier tech.

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channelnewsasia.com17 h fa

Air taxi firm Joby acquires defense tech company for $500 million

Joby Aviation acquires Resonant Sciences for $500M to pivot from consumer air taxi to defense-focused autonomous aircraft business. Government defense spending—not consumer rideshare—is now the market that will fund advanced autonomy tech at scale.

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axios.com18 h fa

Joby builds defense muscle with $500M buy of Resonant Sciences

The deal is expected to close in the first half of 2027 and will be funded via cash and common stock.

Leggi questa versione → originale

economictimes.indiatimes.com3 h fa

Joby Aviation: Air taxi firm Joby acquires defense tech company for $500 million - The Economic Times

Joby acquires Resonant Sciences ($500M) to scale defense VTOL and autonomy, leaving civilian air taxi on slower track. The pivot reveals: government defense systems and RF mission tech are near-term revenue drivers; commercial eVTOL remains long-term.

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martedì 11 agosto 2026·

channelnewsasia.com

Air taxi firm Joby acquires defense tech company for $500 million

Aug 11 : Joby Aviation said on Tuesday it would buy defense technology company Resonant Sciences for about $500 million, as it looks to scale its business in a growing defense…

martedì 11 agosto 2026·

techcrunch.com

Joby Aviation builds out defense business with $500M acquisition | TechCrunch

Joby Aviation reached an agreement to acquire Resonant Sciences, which will kick off its new defense business.

martedì 11 agosto 2026·

breakingdefense.com

Joby to buy Resonant Sciences, establish defense business in $500 million deal - Breaking Defense

The acquisition will be funded by roughly $450 million in cash and $50 million in Joby common stock and is expected to close "in the first half of 2027," according to a press…

martedì 11 agosto 2026·

morningstar.com

Cerberus Announces Agreement to Sell Resonant Sciences to Joby Aviation

mercoledì 12 agosto 2026·

economictimes.indiatimes.com

Joby Aviation: Air taxi firm Joby acquires defense tech company for $500 million - The Economic Times

Electric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market as commercial development has ‌taken longer ⁠than ⁠expected and defense…