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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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The Motley Fool broke the news in Alexandria, United States on Monday, August 10, 2026.
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