Joby Aviation To Scale Defense Business Through Acquisition Of Resonant Sciences
JOBY•Deal funding and manufacturing footprint
Joby Aviation said it will fund the acquisition with $450 million cash and $50 million in common stock.
The combined company is expected to have about 1 million square feet of manufacturing space in Dayton.
Joby Aviation to buy Resonant Sciences for about $500 million
Joby Aviation, Inc. said it will scale its defense business through the acquisition of Resonant Sciences.
The company said it will buy Resonant Sciences for about $500 million.
