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Joby Aviation (JOBY) Makes A $500 Million Defense Bet With New Division
Simply Wall St.8h agoneutral
Joby Aviation (JOBY) Makes A $500 Million Defense Bet With New Division

Joby Aviation (NYSE: JOBY) agreed to acquire defense technology firm Resonant Sciences for US$500 million to create a dedicated defense division. The deal is structured around integrating Resonant's technologies with Joby's existing eVTOL and autonomy platforms. Joby plans to use the acquisition to expand beyond commercial air taxi and hybrid aircraft into dual use defense applications. The transaction highlights Joby's push to tap into defense sector spending as an additional revenue...

Why Did Joby’s (JOBY) $500M Defense Bet Spook Investors?
Insider Monkey12h agoneutral
Why Did Joby’s (JOBY) $500M Defense Bet Spook Investors?

Joby Aviation (NYSE:JOBY) just made its boldest move yet, and it has nothing to do with flying you to the airport. On August 11, the air taxi developer said it would acquire defense technology company Resonant Sciences for about $500 million, split between roughly $450 million in cash and $50 million in stock. The deal […]

Dayton Daily News, Ohio1d agoneutral
With surging defense portfolio, Beavercreek defense company plans 60-job expansion

A Beavercreek defense company, Radiance Technologies Inc., will expand its Pentagon Boulevard location and add 60 jobs, with a new payroll of nearly $7 million. This expanded workforce will accommodate a growing body of work with the Department of Defense, requiring additional office and lab space, the Dayton Development Coalition said. Joby Aviation acquires Beavercreek’s Resonant Sciences in ...

Air taxi firm Joby acquires defense tech company for $500 million
Reuters1d agoneutral
Air taxi firm Joby acquires defense tech company for $500 million

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 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.

What Does Oklo (OKLO) Leadership Overhaul Mean As Commercialization Nears?
Simply Wall St.4d agoneutral
What Does Oklo (OKLO) Leadership Overhaul Mean As Commercialization Nears?

Oklo (NYSE:OKLO) announced a broad refresh of its executive leadership team, adding new heads across Product, Staff, Legal, Engineering, and Accounting. The company highlighted experience from organizations including the U.S. Nuclear Regulatory Commission, National Grid, and Joby Aviation among the new appointees. The reshaped leadership group is intended to support Oklo as it moves from pilot milestones toward commercial isotope production and closer regulatory engagement. For readers...

Joby Aviation (JOBY) Stock Stays Rich Following Fresh Vertiport Network News
Simply Wall St.4d agoneutral
Joby Aviation (JOBY) Stock Stays Rich Following Fresh Vertiport Network News

Joby Aviation stock has fallen 48.1% over the past year, yet current checks still suggest the shares are not obviously cheap based on the usual valuation benchmarks. Recent news around vertiport partnerships, manufacturing progress and certification milestones is keeping the story in focus, but the price still screens on the expensive side. Over the past 12 months, Joby Aviation has declined 48.1%, which puts recent short-term gains into the context of a longer period of weak returns for...

Joby Aviation (JOBY) Could Be 19% Undervalued After Opening Its Texas Facility
Simply Wall St.4d agoneutral
Joby Aviation (JOBY) Could Be 19% Undervalued After Opening Its Texas Facility

Joby Aviation (JOBY) has opened a 45,000 square foot facility at Perot Field Fort Worth Alliance Airport in Texas, giving the eVTOL company a new operational foothold as it prepares for potential electric air taxi services. See our latest analysis for Joby Aviation. Joby Aviation’s recent news around raised 2026 revenue guidance, progress toward FAA certification and the new Texas facility has coincided with short term momentum, with a 7 day share price return of 20.84% and a 1 month share...

Joby Aviation (JOBY) Is Up 20.8% After Raising 2026 Outlook And Expanding Texas Operations Hub
Simply Wall St.4d agoneutral
Joby Aviation (JOBY) Is Up 20.8% After Raising 2026 Outlook And Expanding Texas Operations Hub

In early August 2026, Joby Aviation reported second-quarter sales of US$38.64 million, raised its full-year 2026 revenue outlook to US$115 million–US$125 million, and expanded its US footprint with a new 45,000-square-foot facility at Perot Field Fort Worth Alliance Airport in Texas. Alongside a new vertiport development partnership with Atoms in key US markets, these moves highlight Joby’s push to pair eVTOL certification progress with real-world route infrastructure and operations through...

Loar Q2 Earnings Call Highlights
MarketBeat4d agoneutral
Loar Q2 Earnings Call Highlights

Loar (NYSE:LOAR) reported record second-quarter sales, adjusted EBITDA and adjusted EBITDA margin, while raising its full-year 2026 outlook as commercial aerospace demand and organic business wins supported growth. Chief Executive Officer and Executive Co-Chairman Dirkson Charles said the quarter m

Joby Aviation Q2 Earnings Call Highlights
MarketBeat4d agoneutral
Joby Aviation Q2 Earnings Call Highlights

Joby Aviation (NYSE:JOBY) said it plans to begin its first flights under the federal electric vertical takeoff and landing integration pilot program, or eIPP, in Texas next month, as the company prepares for commercial passenger operations and expands manufacturing and infrastructure efforts. Found

Benzinga5d agoneutral
Joby CEO: Aviation's Biggest Disruption Since Jet Engine Is Here

Joby Aviation Inc. has spent years positioning itself at the forefront of electric air taxis. But during the company’s second-quarter earnings call, founder and CEO JoeBen Bevirt pointed investors toward a technology he believes could eventually reshape aviation on an...

Journal-News, Hamilton, Ohio6d agoneutral
Thomas Gnau: Joby reports stronger quarter, shrinking net loss, generating Blade business revenue

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...

Dayton Daily News, Ohio6d agoneutral
Joby reports stronger quarter, shrinking net loss, generating Blade business revenue

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...

Joby Aviation (JOBY) Partners With Atoms To Build Vertiport Sites In The US
Simply Wall St.7d agoneutral
Joby Aviation (JOBY) Partners With Atoms To Build Vertiport Sites In The US

Joby Aviation (NYSE:JOBY) has partnered with Atoms to develop vertiport sites in the U.S. for electric vertical takeoff and landing, or eVTOL, operations. The collaboration targets key markets that are part of the White House backed eVTOL Integration Pilot Program. The agreement focuses on turning selected locations into next generation transportation hubs to support future urban air mobility services. Joby Aviation is working to bring eVTOL air taxi services to market, and this new...