Wowza — Joby Buys Defense Company For Half A Billion Dollars - CleanTechnica

Why Joby Aviation's Move Into Defense Is a Bullish Sign for Investors

Joby is acquiring Resonant Sciences in a $500 million deal.

Wowza — Joby Buys Defense Company For Half A Billion Dollars - CleanTechnica

Electric vertical takeoff and landing (eVTOL) aircraft startup Joby is one of those startups that seems to have been around for ages, but it’s been hard to know if any of these eVTOL aircraft companies are going anywhere. We’re yet to find out if any of these eVTOL companies have ... [continued] The post Wowza — Joby Buys Defense Company For Half A Billion Dollars appeared first on CleanTechnica.

Joby Splits Commercial and Defense VTOL Projects With $500M Acquisition

Vertical takeoff and landing (VTOL) aircraft developer Joby Aviation on Tuesday announced a $500 million acquisition that it said will deepen its ties in defense while accelerating commercialization of its electric VTOL (eVTOL) air taxi. The company said its “definitive agreement” to acquire Dayton, Ohio-based Resonant Sciences for $500 million is expected to close in early 2027. The deal includes about $50 million in Joby common stock. Resonant…