Joby Aviation announced it was acquiring Dayton, Ohio-based defense firm Resonant Sciences in a $500 million deal, in a bid by the electric aircraft company to expand further into the military industrial complex. Joby says it expects to finance the deal with $450 million in cash and $50 million ...
Source: [The Verge](https://www.theverge.com/transportation/977533/joby-resonant-sciences-acquisition-evtol)