Joby Aviation (#JOBY) announced plans to acquire Resonant Sciences for approximately $500 million, creating a dedicated defense business. Resonant generates more than $100 million in trailing-12-month revenue, growing approximately 40% YoY, with high-teens adjusted EBITDA margins. Joby plans to fund the transaction with approximately $450 million in cash and $50 million in stock. Sector: Aerospace & Defense / Advanced Air Mobility Key Highlights 💰 Acquisition valued at approximately $500M 🛡️ Creates Joby's dedicated defense business 📈 Resonant has $100M+ TTM revenue 🚀 Revenue growing approximately 40% YoY 💵 Deal funded with $450M cash + $50M stock 📅 Closing targeted for H1 2027 Why It Matters The acquisition gives Joby an established defense business while combining Resonant's RF sensing and mission systems with Joby's aircraft, propulsion, and autonomy technologies. Read More: https://www.thinksabio.com/reports/isr/JOBY