Joby Aviation to acquire defense tech firm Resonant Sciences for about $500 million
Reuters2026/08/11 12:02- Joby Aviation agreed to buy defense technology company Resonant Sciences for about $500 million, expanding its defense business with an EBITDA-positive platform.
- Consideration set at about $450 million in cash, $50 million in Joby common stock; stock price for the equity portion fixed at signing.
- Resonant generated more than $100 million in trailing-12-month revenue, up about 40% year over year, with high-teens adjusted EBITDA margins.
- Resonant is set to become Joby’s dedicated defense unit, keeping the Resonant Sciences name under CEO J. Micah North.
- Closing targeted for the first half of 2027, subject to customary conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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