News

Joby to Buy Blade's Passenger Unit for up to $125M

Blade CEO talks Joby deal, helicopter business, eVTOL adoption
Blade (BLDE) is spinning off its passenger business as part of a deal with Joby Aviation (JOBY). Blade CEO Robert Wiesenthal joins speaks with Yahoo Finance Senior Autos Reporter Pras Subramanian and Market Domination host Josh Lipton to explain how the move accelerates eVTOL adoption and why he'll stay on to lead Blade under Joby.
Joby Aviation to buy Blade Air Mobility’s passenger business
The acquisition includes all of Blade's passenger operations in the US and Europe, as well as the Blade brand.
Joby to Buy Blade's Passenger Unit for up to $125M: What's Ahead?
Joby Aviation JOBY, a leading player in the electric vertical takeoff and landing (eVTOL) space, announced that it has inked a deal to buy the helicopter ride-share operator Blade Air Mobility’s BLDE urban air mobility passenger business for up to $125 million.
Joby Aviation Is Buying Blade’s Air Taxi Business for $125 Million
Joby just made a big move in the aviation world. The electric aircraft company, which specializes in manufacturing eVTOLs, announced plans to buy helicopter taxi service Blade Air Mobility for $125 million on Monday, The New York Times reported.
Joby acquires helicopter ride company Blade in $125 million deal
Joby has acquired helicopter ride-share company Blade Air Mobility in a $125 million deal, opening up access to air mobility services in key urban markets.
Joby Aviation: Why Acquiring Blade Air Mobility Makes Sense
Joby Aviation's eVTOL innovations and potential Blade acquisition enhance commercialization and infrastructure. Check out why I rate JOBY stock a buy.
Joby Buys Blade Copter Ride-Share Business for $125 Million
Joby Aviation Inc said it plans to buy the helicopter ride-share business of Blade Air Mobility Inc. for as much as $125 million in stock or cash as the electric aviation pioneer seeks to expand its battery-powered air taxis into a ready-made market for its aircraft.
Joby Aviation to acquire Blade's passenger business
Rob Wiesenthal, Blade founder and CEO, and JoeBen Bevirt, Joby Aviation founder and CEO, join 'Squawk Box' to discuss the sale of Blade's passenger division to Joby Aviation, democratizing aviation, what the deal means for both companies going forward,
Joby Aviation buys Blade’s passenger business in $125 million deal to fast-track eVTOL launch
Joby Aviation announced on Monday it will acquire Blade Air Mobility’s passenger business for up to $125 million, in a deal designed to accelerate the commercial deployment of its electric air taxis.
Blade, Joby shares rally after companies strike $125 million deal on helicopter ridesharing business
Joby Aviation will acquire helicopter ride-share operator Blade Air Mobility's passenger business in a $125 million cash or stock deal, Joby said Monday morning.
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