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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 release.
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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.
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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.
