Joby Aviation to acquire Resonant Science for $500 million
JOBY Joby Aviation Inc
$8.81 +1.97%
View chart & analysis → - 1Joby Aviation (JOBY) will acquire defense contractor Resonant Science for $500 million
- 2The deal will be funded with $450 million in cash and $50 million in common stock, and is expected to close in the first half of next year
- 3Resonant will become a dedicated defense unit, while Joby's commercial aircraft business will focus on electric air taxis
This 3-line summary is compiled from the report below.
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