Electric Dreams Meet Defense Reality Joby Aviation's latest acquisition, a $500 million deal for Resonant Sciences, has sparked industry interest.
At first glance, it appears to be another diversification move by the eVTOL developer seeking revenue. However, the deal reveals a more intricate story about innovation in the defense sector.
The company's entry into defense has been an ongoing process. Initially focused on electric air taxis, Joby has gradually shifted its attention towards leveraging technology for military applications.