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Joby Aviation Acquires Resonant Sciences, Launches $750 Million Equity Program

Why It MattersThe combined acquisition and large equity raise signal continued consolidation and capital-raising activity within the emerging urban air mobility and eVTOL aircraft development sector.

Joby Aviation has announced the acquisition of Resonant Sciences alongside the launch of a $750 million equity program, marking a new phase in the eVTOL aircraft developer's corporate development. The two moves have drawn significant attention from investors tracking the urban air mobility sector.

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Joby Aviation Acquires Resonant Sciences, Launches $750 Million Equity Programseekingalpha.com
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