Barchart17h agoneutral
Joby Aviation Makes Push Into Defense With $500 Million Acquisition. What It Means for JOBY Stock.Joby's new purchase will be carried out through a stock and cash deal.
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TechCrunch1d agoneutral
Joby Aviation builds out defense business with $500M acquisitionJoby Aviation reached an agreement to acquire Resonant Sciences, which will kick off its new defense business.
Reuters1d agoneutral
Air taxi firm Joby acquires defense tech company for $500 millionJoby 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 market. Electric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market amid ramped-up defense spending driven by wars in Ukraine and the Middle East. Here are some more details: • Shares of Santa Cruz, California-based Joby fell 6.5% in premarket trading.
Stocktwits1d agoneutral
JOBY Bets $500M On Defense With Resonant Sciences Acquisition, Adding Stealth Tech To Its Arsenal Beyond Air TaxisThe deal will bring Resonant’s RF, sensing, mission systems and stealth capabilities under Joby, with Resonant becoming the company’s dedicated defense business following the expected 2027 closing.
Yahoo Finance8d agoneutral
Ex-Uber boss Travis Kalanick lands air taxi 'vertiport' deal with JobyEx-Uber founder and CEO Travis Kalanick is back in the ride-hail business — but this time in the skies.
24/7 Wall St.47d agoneutral
Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a YearThe ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year