Cerberus Capital Management has entered into a definitive agreement to sell Resonant Sciences to Joby Aviation. Dayton, Ohio-based Resonant develops and manufactures advanced radar, navigation, communications, radio frequency, sensing, and mission systems for U.S. national security customers. Its capabilities also include low-observability technologies, electronic countermeasures, and autonomous systems.
Cerberus-managed funds invested in Resonant in 2023 through the firm’s Supply Chain platform. Since then, Resonant has expanded manufacturing capacity, nearly doubled its technical workforce, broadened its radar, navigation, and communications capabilities, and moved technologies from R&D into production-ready products.
Upon completion of the transaction, Resonant will become Joby’s dedicated defense business while continuing to operate under the Resonant Sciences name.
The deal is expected to close during the first half of 2027, subject to customary closing conditions and regulatory reviews. Financial terms were not disclosed in the announcement.
KEY QUOTES:
“Resonant has built a differentiated business with critical technology for national security. Together with Micah and the Resonant team, we focused on strengthening the operations needed to scale. Over the past three years, we expanded manufacturing capacity, advanced key technologies into production, and deepened relationships with customers. We are proud of what we have accomplished together and believe Joby is exceptionally well-positioned to support Resonant’s next phase of growth and success.”
Michael Palmer, Senior Managing Director and Co-Head of Supply Chain at Cerberus
“Cerberus understood what makes Resonant different, our culture, our focus on the warfighter, and our drive to move quickly and solve difficult problems. Their partnership enabled us to preserve our agility and mission focus while building the operational foundation to execute more programs at scale. As we prepare to join Joby, we look forward to building on that momentum and continuing to deliver for our customers on their most important programs.”
J. Micah North, Co-Founder and CEO of Resonant Sciences
