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Anshuman Tripathy

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Air taxi firm Joby acquires defense tech company for $500mln

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By Anshuman Tripathy Verified, Dan Catchpole Verified
| Zawya Verified
Joby Aviation said on Tuesday it would buy defense technology company Resonant Sciences for about $500 million, as it looks to scale its business in a growing defense market. Electric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market as commercial development has taken longer than expected and defense spending has ramped up, driven by wars in Ukraine and the Middle East.
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Ancora offers to buy H.B. Fuller's adhesive unit for up to $1.2 billion in cash

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By Anshuman Tripathy Verified
| Westlaw Today Verified
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Airbnb hits four-year high as investors cheer revenue forecast raise, AI payoff Original

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By Anshuman Tripathy Verified
| Reuters Verified
Airbnb logo and rising stock graph are seen in this illustration taken August 5, 2025.
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