Joby Aviation acquires Resonant Sciences for $500M to launch defense unit

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Joby Aviation has announced a $500 million deal to acquire Resonant Sciences, marking a significant expansion beyond its civilian aviation roots. The acquisition will serve as the foundation for Joby's newly established defense business. Resonant Sciences brings capabilities that align with Joby's broader ambitions in the defense sector. The move signals Joby's intent to diversify its portfolio and tap into defense contracting opportunities.

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