M&A
confidence high
sentiment positive
materiality 0.90
Joby Aviation to acquire Resonant Sciences for ~$500M; also launches $750M ATM
Joby Aviation, Inc.
- Acquisition price ~$500M: $450M cash + $50M in Joby common stock; stock consideration fixed at signing.
- Resonant TTM revenue >$100M, up ~40% YoY; high-teens adjusted EBITDA margins; ~250 employees.
- Closing expected H1 2027, subject to regulatory/national security approvals; Resonant CEO J. Micah North to lead dedicated defense unit.
- Joby also entered ATM offering to sell up to $750M common stock via Morgan Stanley, J.P. Morgan, Allen & Co., BofA.
- Resonant backlog more than doubled YoY; H1 2026 bookings over 3x prior-year period.
Featured in Daily 8-K Digest
Selected #2 for 2026-08-11.
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