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title: Joby is buying a stealth-technology firm for $500m, and...
description: Joby Aviation is acquiring Resonant Sciences, a Dayton-based radar and low-observability (stealth) technology firm, for $500m ($450m cash, ~$50m stock)....
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og:description: Joby Aviation is acquiring Resonant Sciences, a Dayton-based radar and low-observability (stealth) technology firm, for $500m ($450m cash, ~$50m stock)....
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# Joby is buying a stealth-technology firm for $500m, and rebuilding its defence arm around it

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Joby Aviation is acquiring Resonant Sciences, a Dayton-based radar and low-observability (stealth) technology firm, for $500m ($450m cash, ~$50m stock). Resonant employs ~250 people, over 90% with security clearances, generates $100m+ in annual revenue at high-teen EBITDA margins, and saw first-half bookings triple year-over-year. Post-close, Resonant becomes Joby's dedicated defence unit, absorbing its existing military programmes. The deal reflects Joby's strategy of acquiring profitable operating businesses while awaiting FAA type certification for its eVTOL aircraft — following last year's $125m acquisition of Blade Air Mobility's helicopter business. Investors reacted negatively, with shares falling roughly 4–6.5%. Joby's liquidity will drop from ~$2.3bn to ~$1.85bn after the cash outlay.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/joby-resonant-sciences-defence-acquisition>

## Questions this post answers

### How much is Joby Aviation paying for Resonant Sciences and what is the deal structure?

Joby Aviation is acquiring Resonant Sciences for approximately $500m, structured as $450m in cash and roughly $50m in Joby common stock priced at signing. There is no earnout. Some Resonant employee-shareholders are taking equity to retain an interest in the combined business. The seller is Cerberus Capital Management, which invested in Resonant in 2023. Closing is expected in the first half of 2027, subject to regulatory review.

_Aerospace and defence deal watchers follow acquisitions like this one on daily.dev as the eVTOL sector consolidates._

### What does Resonant Sciences do and how big is the company?

Resonant Sciences is a Dayton, Ohio-based radar and low-observability specialist founded in 2015. It designs radio-frequency and mission systems including advanced apertures, electromagnetic measurement, electronic countermeasures, instrumentation radars, and frequency-selective radome and antenna work for stealth aircraft. It employs about 250 people across six states, with over 90% holding security clearances. Revenue exceeded $100m in the trailing twelve months, up ~40% year-on-year, at adjusted EBITDA margins in the high teens.

_Developers and engineers tracking defence tech and eVTOL convergence find relevant coverage on daily.dev._

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