Joby Buys Blade Urban Air Mobility's Accelerated Takeoff and the Future of Flight
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Joby Buys Blade Urban Air Mobility's Accelerated Takeoff and the Future of Flight
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On August 4, 2025, Joby Aviation announced its acquisition of Blade Air Mobility’s passenger transportation business(U.S. and Europe) for up to $125 million in cash or stock, including up to $35 million in earn‑out incentives. The package includes all passenger operations, Blade’s brand name, terminals, and premium lounges. Rob Wiesenthal transitions to CEO of Blade as a Joby subsidiary, while Blade’s medical logistics division becomes Strata Critical Medical, an autonomous public company offering high‑value medical transport. This landmark deal accelerates Joby’s entry into commercial eVTOL air taxi services in markets like New York and Dubai as early as 2026, while enabling Strata to specialize in time‑critical healthcare logistics with a long‑term partnership for eVTOL access.