Joby is buying a stealth-technology firm for $500m, and rebuilding its defence arm around it

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.