
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...










