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11.08.26 - 14:06
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Joby Aviation to Scale Defense Business Through Acquisition of Resonant Sciences (Business Wire)
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Acquisition will significantly expand Joby's defense business by adding a fast-growing company with established programs, classified capabilities and scaled manufacturing operations
Upon closing, Resonant will become Joby's dedicated defense business, continuing its existing programs while expanding its portfolio to include Joby's hybrid aircraft and autonomy technologies. Joby's commercial aircraft business will remain focused on its electric air taxi initiatives
Combination will create immediate opportunities to unite Joby's dual-use aircraft, propulsion and autonomy technologies with Resonant's radio frequency (RF), sensing and mission systems capabilities as well as its world-leading expertise in low-observability aircraft design
Resonant delivered more than $100 million in trailing-twelve-month revenue, representing approximately 40% year-over-year growth, alongside strong adjusted EBITDA generation, driven primarily by long-cycle programs with the U.S. government, prime contractors and next ge...
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10.08.26 - 16:00
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Archer Aviation Soars 20% on Boeing Deal to Acquire Wisk, Insitu, SkyGrid; Joby, EHang Stay Grounded (24/7 Wall St.)
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Archer Aviation (NYSE:ACHR) stock is surging 20% to $6.69 Monday morning after the eVTOL developer announced a landmark transaction with Boeing (NYSE:BA). The move is a clean single-name catalyst, with peers Joby Aviation (NYSE:JOBY) and EHang Holdings (NASDAQ:EH) largely sidelined. Archer stock had entered the session down 26% year to date (YTD) through Friday's close, ... Archer Aviation Soars 20% on Boeing Deal to Acquire Wisk, Insitu, SkyGrid; Joby, EHang Stay Grounded...
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