Joby Aviation says it has reached an agreement to acquire Dayton, Ohio-based defense firm Resonant Sciences in a $500 million deal. The company positions the move as the start of a dedicated defense business, expanding beyond its existing focus on electric aircraft development.
Joby states it will fund the acquisition with about $450 million in cash and $50 million in Joby common stock. Multiple outlets report the transaction is expected to close in the first half of 2027, subject to customary conditions. While coverage aligns on the deal size, target company, and funding split, outlets frame the strategy slightly differently—some emphasizing the creation of a defense business, others highlighting the broader expansion into defense-related markets.
Overall, the reporting converges on the same core facts: the acquisition agreement, the consideration structure, and the anticipated closing timeline. Details on post-closing operations or specific defense contracts are not described in the provided excerpts, leaving the near-term impact tied primarily to the company’s stated intent to build out defense capabilities.
