Joby Aviation is an innovative aerospace company focused on revolutionizing air transportation through the development of electric vertical takeoff and landing (eVTOL) aircraft. The company designs and manufactures aircraft that aim to provide fast, efficient, and eco-friendly urban air mobility solutions. With its emphasis on sustainability, Joby leverages advanced electric propulsion technology to minimize noise and emissions, making its aircraft suitable for use in urban environments. By working towards the certification and commercialization of its eVTOLs, Joby Aviation seeks to create a new mode of transport that enhances connectivity and mobility in crowded metropolitan areas. Read More
ANA Holdings (ANA HD) and Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced a significant expansion of their relationship to bring electric air taxi service to Japan. Under new terms, the two companies intend to establish a joint venture and plan to deploy more than 100 Joby aircraft within a new air taxi ecosystem across Japan. Starting in Tokyo, ANA HD and Joby are targeting a phased rollout in the coming years. The expanded partnership is intended to accelerate the bold, shared vision of the two companies to transform urban mobility in the region.
Blade Air Mobility reported second-quarter revenue of $70.8 million, beating analyst estimates of $64.08 million, according to Benzinga Pro. The company reported a second-quarter loss of 5 cents per share, missing estimates for a loss of 4 cents per share.
In a landmark deal signaling rapid consolidation and innovation within the electric vertical take-off and landing (eVTOL) industry, Joby Aviation, Inc. (NYSE: JOBY) has announced the acquisition of the passenger division of Blade Air Mobility, Inc. (NASDAQ: BLDE) for up to $125 million .
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Blade Air Mobility Inc. sells passenger division to Joby Aviation Inc. for $125 million, rebranding as Strata Critical Medical to focus on medical transport and logistics.
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has entered into a definitive agreement with Blade Air Mobility, Inc. (NASDAQ:BLDE) to purchase Blade’s leading urban air mobility passenger business. Blade's Medical division, which was not included in the transaction and will remain a separate public company, is to partner with Joby on medical transportation.
NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”) today announced an agreement to sell Blade’s passenger division to Joby Aviation, Inc. (NYSE: JOBY) for up to $125 million.
