Joby Aviation to Acquire Resonant Sciences for $500M
The stock gained after Joby reported a smaller-than-expected Q2 loss and raised full-year revenue guidance by $10 million at the midpoint, according to the company.
- On Tuesday, August 11, 2026, Joby Aviation announced a definitive agreement to acquire Dayton, Ohio-based Resonant Sciences for approximately $500 million, with closing expected in the first half of 2027.
- Following Archer Aviation's move yesterday to acquire Boeing's Wisk Aero and Insitu subsidiaries, Joby seeks immediate scale in defense technology amid industry consolidation.
- Resonant Sciences generated more than $100 million in trailing 12-month revenue, while Joby plans to fund the acquisition with approximately $450 million in cash and $50 million in common stock.
- Co-Founder and CEO J. Micah North will lead a new dedicated defense division, absorbing Joby's existing defense projects and autonomy technology stack under one roof.
- Joby reported second-quarter revenue of $38.6 million, exceeding analyst forecasts by roughly $8.2 million, demonstrating momentum as the company pursues revenue-generating acquisitions to fund electric air taxi development.
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Joby is buying a stealth-technology firm for $500m, and rebuilding its defence arm around it
Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term revenue to come from. The structure is $450m in cash and roughly $50m in Joby […] This story continues at The Next Web
Joby Aviation agrees $500 million Resonant Sciences deal to expand defense business
Joby Aviation has agreed to acquire Ohio-based defense technology company Resonant Sciences for a base price of $500 million, with about $450 million expected to be paid in cash and $50 million in Joby shares. If completed, the purchase will give Joby a dedicated defense business that the company says generated more than $100 million in revenue during the latest 12-month period, while its commercial organization continues work on electric air ta…
Joby to buy Resonant Sciences, establish defense business in $500 million deal
The acquisition will be funded by roughly $450 million in cash and $50 million in Joby common stock and is expected to close “in the first half of 2027,” according to a press release.
Joby Aviation acquires defense tech startup Resonant Sciences for $500 million as it expands beyond air taxis - Tech Startups
Joby Aviation is making a $500 million bet that its future will extend far beyond flying passengers across congested cities. The electric air taxi maker said Tuesday it has agreed to acquire Ohio-based defense technology startup Resonant Sciences for roughly […] The post Joby Aviation acquires defense tech startup Resonant Sciences for $500 million as it expands beyond air taxis first appeared on Tech Startups.
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