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Joby Aviation (JOBY) Opens 45,000 Square Foot Texas Facility
Simply Wall St.32d agoneutral
Joby Aviation (JOBY) Opens 45,000 Square Foot Texas Facility

Joby Aviation (NYSE: JOBY) has established a new 45,000 square foot eVTOL operations facility at Perot Field Fort Worth Alliance Airport in Texas. The move marks the first major presence by an electric air taxi manufacturer in the North Texas region. The facility places Joby within a large multimodal aviation and logistics hub and expands the company’s operational footprint into a new market. This kind of build out in real world infrastructure for next generation transport can also point...

Investing.com38d agoneutral
Tesla plans ’flying’ Roadster stunt at SpaceX Texas site as early as August

Tesla (NASDAQ: TSLA) rose 1.3% in pre-market trading following the report. The Roadster reveal is a rare positive narrative catalyst for a stock that has shed nearly a quarter of its value in 2026 while the Nasdaq has gained roughly 15% over the same period, according to The Information’s reporting. Shares of air-taxi companies Archer Aviation and Joby Aviation each declined about 2% in pre-market trading.

Joby Aviation (JOBY) Makes A $500 Million Defense Bet With New Division
Simply Wall St.39d 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 Monkey39d 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, Ohio40d 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
Reuters41d 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.