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Joby Aviation to Scale Defense Business With Resonant Sciences Acquisition

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Sig3.58Sen+3.65Env-0.30Soc+0.40Gov+0.75

Joby Aviation will expand its defense operations by acquiring Resonant Sciences, bringing classified infrastructure, RF and mission systems, production operations, and long-standing U.S. national security customer relationships. The deal is expected to integrate Joby’s dual-use autonomy software with Resonant’s RF technology to accelerate defense-ready autonomous systems. Resonant reported over $100M in revenue over the last 12 months and high-teens adjusted EBITDA margins.

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