The Verge·3 min read·medium
Joby flexes military muscle with $500 million defense acquisition
A
Andrew J. Hawkins
✦AI Summary
Electric aircraft company Joby Aviation is acquiring defense firm Resonant Sciences for $500 million. The deal aims to integrate Resonant's stealth and sensor technology into Joby's aircraft to expand its presence in the military sector.
Joby Aviation announced it was acquiring Dayton, Ohio-based defense firm Resonant Sciences in a $500 million deal, in a bid by the electric aircraft company to expand further into the military industrial complex.
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