Joby Aviation Acquires Resonant Sciences for $500M to Scale Defense Business
Event summary
- Joby Aviation to acquire Resonant Sciences for approximately $500 million, expected to close in the first half of 2027.
- Resonant Sciences brings EBITDA-positive defense business with $100M+ revenue and high-teens adjusted EBITDA margins.
- Resonant will operate as Joby’s dedicated defense business unit, led by Co-Founder and CEO J. Micah North.
- Combined entity to focus on integrating autonomy tech with RF sensing for defense applications.
The big picture
Joby Aviation’s acquisition of Resonant Sciences marks a strategic pivot toward defense, capitalizing on rising U.S. defense spending and the shift toward autonomous, lower-cost aircraft. The deal positions Joby to leverage Resonant’s established defense contracts and production capabilities while integrating its autonomy technology into next-generation platforms.
What we're watching
- Integration Challenges
- How Joby will merge Resonant’s defense capabilities with its commercial aviation focus.
- Defense Market Demand
- Whether accelerating U.S. defense investment will sustain Resonant’s rapid growth.
- Technological Synergies
- The pace at which Joby and Resonant can develop software-defined autonomous systems for defense.
Related topics