Joby Aviation

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Joby Aviation(JOBY.US) Joby Aviation to Acquire Resonant Sciences for Approximately $𝟱𝟬𝟬 Million, Expanding Defense Business

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗝𝗼𝗯𝘆 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 will acquire 𝗥𝗲𝘀𝗼𝗻𝗮𝗻𝘁 𝗦𝗰𝗶𝗲𝗻𝗰𝗲𝘀 for approximately $𝟱𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.

➤ Deal includes approximately $𝟰𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 cash and $𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 Joby stock.

➤ Resonant generated over $𝟭𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 trailing-twelve-month revenue.

➤ Resonant's revenue grew approximately 𝟰𝟬% year over year.

➤ Recent adjusted EBITDA margins reached the 𝗵𝗶𝗴𝗵-𝘁𝗲𝗲𝗻𝘀 range.

➤ First-half 𝟮𝟬𝟮𝟲 bookings exceeded triple the prior-year period.

➤ Resonant's backlog has more than 𝗱𝗼𝘂𝗯𝗹𝗲𝗱 year over year.

➤ Resonant will become Joby's dedicated 𝗱𝗲𝗳𝗲𝗻𝘀𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 after closing.

➤ Acquisition combines Joby's autonomy with Resonant's 𝗥𝗙 and mission technologies.

➤ Transaction is expected to close in the 𝗳𝗶𝗿𝘀𝘁 𝗵𝗮𝗹𝗳 𝗼𝗳 𝟮𝟬𝟮𝟳.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Gives Joby immediate scale in the growing 𝗨.𝗦. 𝗱𝗲𝗳𝗲𝗻𝘀𝗲 technology market.

➤ Adds an established, 𝗘𝗕𝗜𝗧𝗗𝗔-𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲 business with government programs and backlog.

➤ Creates opportunities combining 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝘆, aircraft, RF sensing, and mission systems.

➤ Lets Joby's commercial division remain focused on its 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗮𝗶𝗿 𝘁𝗮𝘅𝗶 business.

➤ Combined Dayton footprint approaches 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 square feet of facilities.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗝𝗼𝗲𝗕𝗲𝗻 𝗕𝗲𝘃𝗶𝗿𝘁, Founder and CEO of Joby Aviation:

“Resonant has built an exceptional business that combines advanced technology, vertically integrated production capabilities and deep customer trust,” said JoeBen Bevirt, Founder and CEO of Joby Aviation. “The combination will pair Resonant’s established capabilities with Joby’s globally leading aircraft propulsion technologies, creating a powerful platform for the next phase of Resonant’s growth. What makes this combination especially compelling is how closely aligned our teams are. Having worked with Micah and his team for several years, we know that we share a passion for deep technical innovation, a bias toward solving hard problems from first principles and a vertically integrated approach that brings design, engineering, testing and production together under one roof.”

𝗝. 𝗠𝗶𝗰𝗮𝗵 𝗡𝗼𝗿𝘁𝗵, Co-Founder and CEO of Resonant Sciences:

“Demand for advanced defense technology is growing rapidly, and Resonant has built the technology, customer relationships and manufacturing capabilities required to meet it,” said J. Micah North, Co-Founder and CEO of Resonant Sciences. “Joining Joby gives our team access to additional engineering depth, aircraft platforms, autonomy technology and production expertise, allowing us to move faster for our existing customers and pursue opportunities that neither company could address alone,” he added. “Resonant’s name, leadership, people and commitments to our customers will remain in place. What changes is the scale of what we can build and deliver.”

𝗥𝗼𝗱𝗿𝗶𝗴𝗼 𝗕𝗿𝘂𝗺𝗮𝗻𝗮, Chief Financial Officer of Joby Aviation:

“Resonant is a fast-growing business with strong visibility into future revenue, supported by a growing backlog and accelerating demand across its core defense markets,” said Rodrigo Brumana, Chief Financial Officer of Joby Aviation. "It generates healthy adjusted EBITDA margins, and its technology, customer relationships and scaled manufacturing make it a strong strategic fit for Joby as we build out our defense business."

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Joby Aviation(JOBY.US) Joby Aviation Opens North Texas Hub to Support eVTOL Flight Operations

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗝𝗼𝗯𝘆 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 leases 𝟰𝟱,𝟬𝟬𝟬 𝘀𝗾𝘂𝗮𝗿𝗲 𝗳𝗲𝗲𝘁 at Alliance Air Trade Center.

➤ Facility is located at 𝗣𝗲𝗿𝗼𝘁 𝗙𝗶𝗲𝗹𝗱 𝗙𝗼𝗿𝘁 𝗪𝗼𝗿𝘁𝗵 𝗔𝗹𝗹𝗶𝗮𝗻𝗰𝗲 𝗔𝗶𝗿𝗽𝗼𝗿𝘁.

➤ Marks the first major 𝗲𝗩𝗧𝗢𝗟 manufacturer presence in North Texas.

➤ Site will support flights under the federal 𝗲𝗩𝗧𝗢𝗟 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗣𝗶𝗹𝗼𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺.

➤ Operations will focus on the 𝗗𝗮𝗹𝗹𝗮𝘀-𝗙𝗼𝗿𝘁 𝗪𝗼𝗿𝘁𝗵 metropolitan area.

➤ Facility is part of the 𝗔𝗹𝗹𝗶𝗮𝗻𝗰𝗲𝗧𝗲𝘅𝗮𝘀 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗭𝗼𝗻𝗲.

➤ Initiative includes partners such as 𝗧𝗲𝘅𝗮𝘀 𝗗𝗢𝗧 and 𝗡𝗖𝗧𝗖𝗢𝗚.

➤ Joby is developing an 𝗮𝗹𝗹-𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 air taxi for commercial passenger service.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Expands Joby's operational footprint ahead of commercial eVTOL deployment.

➤ Strengthens North Texas as a hub for 𝗮𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗮𝗶𝗿 𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆 innovation.

➤ Supports real-world testing and regulatory progress for electric air taxis.

➤ Demonstrates continued investment in next-generation urban air transportation.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗚𝗿𝗲𝗴 𝗕𝗼𝘄𝗹𝗲𝘀, Chief Policy Officer of Joby Aviation:

"gives us a base to demonstrate the value of air mobility services across the Dallas-Fort Worth metroplex and the state."

𝗦𝗮𝗺𝘂𝗲𝗹 𝗥𝗵𝗲𝗮, Vice President at Hillwood:

"aviation, manufacturing and the advanced air mobility sector."

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Atoms and $Joby Aviation(JOBY.US) Joby Partner to Develop U.S. eVTOL Vertiport Network

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝘁𝗼𝗺𝘀 and 𝗝𝗼𝗯𝘆 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 form a strategic U.S. vertiport partnership.

➤ Initial focus includes 𝗙𝗹𝗼𝗿𝗶𝗱𝗮, 𝗡𝗲𝘄 𝗬𝗼𝗿𝗸, 𝗧𝗲𝘅𝗮𝘀, and 𝗖𝗮𝗹𝗶𝗳𝗼𝗿𝗻𝗶𝗮.

➤ Projects support early operations under the 𝗪𝗵𝗶𝘁𝗲 𝗛𝗼𝘂𝘀𝗲-𝗯𝗮𝗰𝗸𝗲𝗱 𝗲𝗜𝗣𝗣.

➤ Vertiports will serve as 𝗺𝘂𝗹𝘁𝗶𝗺𝗼𝗱𝗮𝗹 transportation hubs.

➤ Hubs will integrate 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗮𝗶𝗿 𝘁𝗮𝘅𝗶𝘀, autonomous vehicles, and ridesharing.

➤ Facilities will include on-site 𝗰𝗵𝗮𝗿𝗴𝗶𝗻𝗴 and aircraft servicing infrastructure.

➤ Joby has flown its first 𝗙𝗔𝗔-𝗰𝗼𝗻𝗳𝗼𝗿𝗺𝗶𝗻𝗴 aircraft.

➤ Joby is in the final stage of 𝗙𝗔𝗔 𝘁𝘆𝗽𝗲 certification.

➤ Partnership aims to accelerate scalable infrastructure for commercial air taxis.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Addresses one of the biggest barriers to commercial 𝗲𝗩𝗧𝗢𝗟 deployment.

➤ Creates infrastructure needed to scale urban air mobility across major U.S. markets.

➤ Strengthens Joby's commercialization strategy beyond aircraft certification.

➤ Supports broader adoption of connected, multimodal transportation ecosystems.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗧𝗿𝗮𝘃𝗶𝘀 𝗞𝗮𝗹𝗮𝗻𝗶𝗰𝗸, Founder and CEO of Atoms:

“Smart cities require innovative real estate and infrastructure development. As new transport modes and smart city services become available, designing and deploying a new asset class to support them is critical. We’re focused on serving city stakeholders with inspired, efficient buildouts that deliver great experiences for residents and communities alike.”

𝗝𝗼𝗲𝗕𝗲𝗻 𝗕𝗲𝘃𝗶𝗿𝘁, Founder and CEO of Joby Aviation:

"Thoughtful urban planning can take a decade or more, and making electric flight part of everyday life will require a new generation of transportation hubs connecting aircraft, ground transportation, and communities. As air taxis move closer to early commercial service in the U.S., the right infrastructure becomes increasingly important, not just where aircraft land and charge, but how cities embrace this new form of transportation. Atoms has a vision of building ambitious infrastructure projects that combine technology, operations, and customer experience, making them a natural partner for Joby."

🚨 Pre-market buzz!

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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Joby Aviation(JOBY.US) Joby Aviation and Toyota Launch Strategic Manufacturing Joint Venture

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐉𝐨𝐛𝐲 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 and 𝐓𝐨𝐲𝐨𝐭𝐚 formed a strategic manufacturing joint venture.

➤ Alliance aims to build 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 production capability for Joby's eVTOL aircraft.

➤ Partnership will enhance 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐯𝐢𝐭𝐲, 𝐪𝐮𝐚𝐥𝐢𝐭𝐲, and 𝐜𝐨𝐬𝐭 efficiency.

➤ Toyota will contribute its 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 expertise and production systems.

➤ Joint venture will support 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭 certification and future production scale-up.

➤ Companies will leverage their respective strengths to expand 𝐚𝐢𝐫 𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 adoption.

➤ Toyota has supported Joby's aircraft manufacturing efforts for 𝐧𝐞𝐚𝐫𝐥𝐲 𝟏𝟎 𝐲𝐞𝐚𝐫𝐬.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Manufacturing scale-up is critical for 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 eVTOL deployment.

➤ Toyota's production expertise could accelerate Joby's 𝐩𝐚𝐭𝐡 𝐭𝐨 𝐦𝐚𝐬𝐬 production.

➤ Alliance strengthens Joby's position in the emerging 𝐚𝐢𝐫 𝐭𝐚𝐱𝐢 market.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Toyota has been by Joby's side for nearly a decade, providing invaluable guidance and support as we built the foundation for manufacturing our aircraft. Today's announcement reflects the strength of our relationship and our shared confidence in the opportunity ahead. Together, we share a vision of making aerial mobility an everyday reality, and we look forward to delivering on that promise together." — 𝐉𝐨𝐞𝐁𝐞𝐧 𝐁𝐞𝐯𝐢𝐫𝐭, Founder and CEO of Joby Aviation.

➤ "Since our founding, we've been guided by the philosophy of providing mobility for all. Over time, we've continued to expand what mobility can mean. We see air mobility as a natural extension of that philosophy—from the ground into the sky—and as a way to bring new value to people's lives and to society. It's really meaningful for us to take on this challenge together with Joby, a partner that shares the same vision. We believe this strengthened relationship is an important step forward in realizing the future mobility society." — 𝐀𝐤𝐢𝐨 𝐓𝐨𝐲𝐨𝐝𝐚, Chairman of Toyota Motor Corporation.

$Joby Aviation(JOBY.US) | 𝐉𝐨𝐛𝐲 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧: H.C. Wainwright reiterates 𝐁𝐮𝐲, maintains 𝐏𝐓 𝐚𝐭 $𝟏𝟖

Analyst sees flight demos reinforcing industry leadership, with transition to commercial operations and infrastructure buildout driving next phase.

I have nothing against momentum names but I treat them as low capital trades. The risk is too high for serious sizing.

Especially for new traders, do you see how no one talks about $SoundHound AI(SOUN.US), $Archer Aviation(ACHR.US), $TIC Solutions(TIC.US), $Joby Aviation(JOBY.US), $Richtech Robotics - B(RR.US), etc? These were the darlings of the timeline last year and now they are forgotten. Chasing the hype is a fast way to burn capital. I suggest to stay focused on quality over quantity.

10 shares of $NVIDIA(NVDA.US) eats 1000 $TIC Solutions(TIC.US)'s and 5000 $Richtech Robotics - B(RR.US)'s for breakfast.

#Trading #Investing

Source: First Fellow