News

Joby, Air Mobility and Blade

Electric Air Taxi Company Plans to Acquire a Helicopter Business
Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter operator, for $125 million.
Helicopter Company Blade Just Sold Its Air Passenger Business to Joby for up to $125 Million
Joby Aviation will acquire helicopter ride-share company Blade Air Mobility’s passenger business for up to $125 million, Joby said Monday, as it works to speed the deployment of electric air taxis for commercial passenger services.
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.
Blade, Joby stocks rally after companies strike $125 million deal on helicopter ridesharing business
Blade Air Mobility (BLDE) stock rose as much as 30% early Monday after the company struck a deal with Joby Aviation (JOBY) to sell its helicopter passenger rideshare business for $125 million. Joby, which is developing electric air taxi technology,
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.
Electric air taxi company Joby to acquire helicopter passenger business Blade
Joby Aviation, the maker of an electric helicopter-airplane hybrid, agreed to acquire Blade Air Mobility. NBC News’ Aaron Gilchrist reports on what this could mean for the future of flying.
Joby to Buy Blade's Helicopter Ride-Share Business
Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.
Joby will buy Blade's air taxi business for up to $125 million
Joby Aviation is buying Blade Air Mobility's urban air taxi business for up to $125 million, giving it a base of loyal passengers as it begins to gradually replace conventional helicopters with quieter electric air taxis.
Joby says Blade Air Mobility deal is ‘massive accelerant’ in air taxi drive
Joby Aviation Inc. said it plans to buy the helicopter rideshare business of Blade Air Mobility Inc. for as much as $125 ...
Joby Aviation to buy Blade Air Mobility’s rideshare business
Joby is buying the Blade brand and the company's passenger business, which includes operations in the United States and ...
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 ...
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Joby to Buy Blade's Passenger Unit for up to $125M: What's Ahead?
JOBY moves to acquire Blade's passenger business for up to $125 million, aiming to scale urban air mobility and cut costs.
Man, 88, Dies After His Homemade Helicopter Self-Destructed During Takeoff
On Thursday, July 30, 88-year-old Vladimir Trapeznikov attempted to take off in a homemade helicopter when it fell apart and ...
Amateur Russian aviator, 88, killed during takeoff of homemade helicopter: report
An 88-year-old amateur aviator from Russia was killed during an attempted takeoff of his homemade helicopter on Friday, ...