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 in equity. After the deal closes, which is expected in early 2027, Resonant will continue its existing work as Joby's dedicated defense division, the company said. The commercial division will remain focused on air taxis, the first of which are expected to launch later this year.

The deal is the latest example of the fledgling electric aviation in …

Read the full story at The Verge.

On the evening of August 10, 2026, a MiG-29 fighter jet operated by the Ukrainian Air Force was lost while carrying out a combat mission. This was reported on the official Facebook page of the Ukrainian Air Force Command. It was reported that the pilot was carrying out a combat mission to destroy enemy aerial […]

The post Ukrainian Air Force Loses MiG-29 in Odesa Region: Pilot Ejects Safely appeared first on AERONAUT.media.

The two companies were once embroiled in a trade secret theft lawsuit. Now, Wisk is being absorbed into Archer.

Archer Aviation is buying three of Boeing’s aerospace subsidiaries: autonomous air-taxi developer Wisk Aero, military drone maker Insitu, and airspace-software firm SkyGrid. The deal also hands Boeing a stake in Archer.

Investors loved it. Archer (ACHR) stock jumped more than 20% on Monday, and the acquisition instantly turns a pre-revenue eVTOL startup into a company with a profitable defense business behind it.

It could accelerate Archer’s eVTOL plans.