Fenwick Represents Xwing in Acquisition by Joby

Fenwick represented Xwing, a developer of autonomous technology for aviation, in its acquisition by Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service.

The acquisition of Xwing supports Joby’s long-term vision of making aerial mobility as accessible as possible through the adoption of autonomous technologies and is expected to accelerate existing and potential future contracts with the U.S. Department of Defense. More information can be obtained from the news announcement.

Fenwick has served as outside counsel to Xwing since 2016, led by corporate partner Michael Esquivel. The Fenwick transaction team included corporate partner Steve Fisher and associates Kate Souza and Blair Mills; technology transactions partner David Hayes, associate Andrew Martinez and advisor Sandra Weustink; executive compensation and employee benefits partner Marshall Mort and associate Jennifer Lin; government contracts and public sector procurement partner Zohra Tejani; and tax partner Mike Knobler.