Joby Aviation Acquires Resonant Sciences for Defense Business
Joby Aviation, known for electric vertical takeoff and landing (eVTOL) aircraft development, is expanding into the defense sector through a $500 million acquisition of Resonant Sciences. This strategic move marks the company's entry into the defense business and signals diversification beyond its commercial aviation focus.
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Joby Aviation builds out defense business with $500M acquisition
Joby Aviation, known for electric vertical takeoff and landing (eVTOL) aircraft development, is expanding into the defense sector through a $500 million acquisition of Resonant Sciences. This strategic move marks the company's entry into the defense business and signals diversification beyond its commercial aviation focus.
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