US startup Joby Aviation, backed by Toyota Motor and others, announced that it will acquire US defense startup Resonant Science. The acquisition price is reported to be approximately $500 million (¥79.6 billion).
Joby Aviation, which is developing flying cars, and its investor companies formally announced the acquisition of US defense startup Resonant Science. The acquisition price is said to be approximately $500 million.
Resonant Science is said to provide communications equipment and aircraft components to the US government and defense companies. The businesses are expected to be integrated after the acquisition, with further cooperation in the defense sector also anticipated.