The acquisition will be funded by roughly $450 million in cash and $50 million in Joby common stock and is expected to close "in the first half of 2027," according to a press release.
Pending regulatory approval, the sales of drone maker Insitu, air traffic management firm SkyGrid and electric aircraft maker Wisk Aero are expected to close by the end of the year.
A commitment to long-term operational value.
Enabling next-generation command and control with the same radio waveforms that were designed a decade-or-longer ago is a non-starter.