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Joby Aviation builds out defense business with $500M acquisition

Joby Aviation has agreed to acquire Resonant Sciences for $500 million, marking the launch of its new defense business division. The acquisition positions Joby to expand beyond its civilian eVTOL operations into the defense and government sector.

Background

Joby Aviation is a prominent eVTOL (electric vertical takeoff and landing) company that has been developing urban air mobility aircraft with certification progress in both the US and Europe. The defense sector represents a significant growth opportunity for advanced aviation companies.

Source
TechCrunch
Published
Aug 12, 2026 at 12:06 AM
Score
6.0 / 10