Joby agrees to buy Resonant Sciences for $500 million to build defense arm
The deal moves hybrid and autonomous aircraft into a Dayton defense unit while JoeBen Bevirt's commercial team stays focused on air taxis.
By RuntimeWire Staff · Published
Primary source: Reuters
Why it matters
Bevirt is paying $500 million to give Joby's defense work its own customers, systems and operating structure while protecting the air-taxi certification effort from a widening mission.
The deal moves hybrid and autonomous aircraft into a Dayton defense unit while JoeBen Bevirt's commercial team stays focused on air taxis.
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