{
  "id": 630537,
  "title": "Air taxi firm Joby acquires defense tech company for $500 million",
  "url": "https://urgent.news/2026/08/12/air-taxi-firm-joby-acquires-defense-tech-company-for-500-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T03:01:58.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/air-taxi-firm-joby-acquires-defense-tech-company-for-500-million/articleshow/133168695.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}