TNW

Joby is buying a stealth-technology firm for $500m, and rebuilding its defence arm around it

Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term revenue to come from. The structure is $450m in cash and roughly $50m in Joby [] This story continues at The Next Web