Joby Aviation, Inc. acquires Xwing Inc.'s Autonomy Division, enhancing its leadership in aviation autonomy
Acquiring Company
Joby Aviation
Acquired Company
Xwing
Santa CruzManufacturingTransportationTravelAir TransportationAerospaceAerospaceDescription
Joby Aviation, Inc. (NYSE:JOBY) has announced the strategic acquisition of the autonomy division of Xwing Inc. This acquisition positions Joby at the forefront of aviation autonomy, complementing its existing capabilities and expanding opportunities for future partnerships, particularly with the U.S. Department of Defense. The integration of Xwing’s talented team will drive increased automation and autonomy in Joby’s aircraft, aligning closely with Joby’s vision of clean and affordable aerial mobility.
Quick answer
Joby Aviation is acquiring Xwing, announced June 4, 2024. Joby Aviation is based in Santa Cruz, California, United States.
- How much did Joby Aviation pay for Xwing?
- The deal value was not disclosed.
- What does Joby Aviation do?
- Joby is a California-based company building quiet, all-electric aircraft to connect people like never before.
- Where are Joby Aviation and Xwing based?
- Joby Aviation is based in Santa Cruz, California, United States.
- Who are the decision-makers at Joby Aviation?
- Fundz holds 3 contacts at Joby Aviation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Joby Aviation, and when
When Joby Aviation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Joby Aviation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Xwing?
Xwing was acquired by Joby Aviation, based in Santa Cruz. The deal was reported on June 4, 2024. Joby is a California-based company building quiet, all-electric aircraft to connect people like never before. Joby Aviation is publicly traded (JOBY) and operates in Manufacturing.
When did Joby Aviation acquire Xwing?
Joby Aviation's acquisition of Xwing was reported on June 4, 2024. Joby Aviation, Inc. (NYSE:JOBY) has announced the strategic acquisition of the autonomy division of Xwing Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Xwing do?
Xwing Inc., founded in 2016, is an industry leader in the development of autonomous technology for aviation. Xwing is known for its Superpilot software, enabling safe, uncrewed operations and the world’s first fully autonomous gate-to-gate flight technology. It is privately held, operating in Aerospace.
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