Experience Sponsor EIC $17.75M Class Action Settlement
A $17.75 million class action settlement has been reached with Experience Sponsor LLC and former EIC directors and officers for investors who held EIC Class A common stock between September 17, 2019, and May 3, 2021, and did not redeem their shares. The lawsuit alleged misleading information regarding EIC's merger with Blade Urban Air Mobility Inc., which prevented shareholders from making informed decisions about redeeming their stock. Eligible investors must file a claim by May 18, 2026, to receive a cash payment based on their shareholdings and recognized losses.
Blade Urban Air Mobility named official air mobility partner of the 2025 Ryder Cup
Blade Urban Air Mobility, a division of Joby Aviation, has been named the official air mobility partner for the 2025 Ryder Cup. Blade plans to transport approximately 3,000 passengers between Manhattan, surrounding New York areas, and Bethpage, facilitating one of the largest civilian helicopter movements for a sporting event in U.S. history. The event will also showcase Joby Aviation's next-generation all-electric and emission-free air taxi, allowing attendees to experience an augmented reality flight simulator.
Blade Urban Air Mobility Named Official Air Mobility Partner of The 2025 Ryder Cup at Bethpage Black
Blade Urban Air Mobility, a division of Joby Aviation, has been named the Official Air Mobility Partner for the 2025 Ryder Cup at Bethpage Black. This partnership will facilitate one of the largest civilian helicopter movements in U.S. history for a sporting event, transporting approximately 3,000 passengers. Additionally, Joby Aviation will showcase an all-electric, emission-free air taxi, demonstrating the transition to eVTOL aircraft.
Blade’s air mobility activation will be one of the largest multi-day civilian helicopter movements in U.S. history
Blade Urban Air Mobility has been named the Official Air Mobility Partner for the 2025 Ryder Cup, where it plans to execute one of the largest civilian helicopter movements in U.S. history, transporting approximately 3,000 passengers. They will offer exclusive access, a dedicated lounge at Bethpage Black, and display an all-electric, emission-free air taxi from parent company Joby Aviation, highlighting the transition to eVTOL aircraft. This initiative aims to alleviate ground infrastructure strain and demonstrate urban air mobility's power.
Blade Urban Air Mobility Named Official Air Mobility Partner of The 2025 Ryder Cup at Bethpage Black
Blade Urban Air Mobility has been named the Official Air Mobility Partner for the 2025 Ryder Cup at Bethpage Black, New York. The company, a division of Joby Aviation (NYSE: JOBY), will manage one of the largest civilian helicopter movements for a sporting event in U.S. history, transporting approximately 3,000 passengers using their Blade Lounges and Vertiport directly on the course. Blade will also showcase a next-generation all-electric and emission-free air taxi from Joby Aviation, highlighting the transition to eVTOL aircraft.
Blade Urban Air Mobility Named Official Air Mobility Partner of The 2025 Ryder Cup at Bethpage Black
Blade Urban Air Mobility has been named the Official Air Mobility Partner for the 2025 Ryder Cup at Bethpage Black, planning one of the largest civilian helicopter movements in U.S. history for a sporting event. Blade will transport approximately 3,000 passengers using dedicated lounges and onsite vertiports, offering a seamless travel experience. The event will also feature a display of parent company Joby Aviation's all-electric, emission-free air taxi, demonstrating the future of urban air mobility.
Uber, Blade to link JFK, Newark, Hamptons via heliports
Uber and Joby Aviation are expanding their partnership to offer helicopter rides through the Uber app starting in 2026, leveraging Blade’s existing heliport network in New York. This initiative aims to connect key locations like JFK, Newark, and the Hamptons, with flights eventually transitioning to quieter, zero-emission eVTOLs once certified. The move is part of Uber's strategy to become a "super app" offering diverse transportation options and Joby's plan to electrify Blade's routes.
Blade Air Mobility And 2 Other Promising Penny Stocks To Watch
This article highlights three promising penny stocks: Blade Air Mobility, Information Services Group, and loanDepot, amidst a fluctuating U.S. stock market. It provides an overview of each company's financial health, operations, and recent performance, noting their potential for growth despite current challenges. The piece emphasizes the importance of financial resilience and long-term promise for investors exploring diverse opportunities.
Joby Deal Gives Blade New Direction, But Stock Lacks Lift
Blade Air Mobility (BLDE) is selling its passenger division to Joby Aviation (JOBY) for up to $125 million in stock, pivoting to a pure-play medical logistics model and rebranding as Strata Critical Medical. Despite an initial stock surge, BLDE shares slipped after a mixed earnings report, with negative EPS. The deal, expected to close in H1 2026, introduces volatility due to its stock-based nature and Joby's pre-revenue status, suggesting a cautious wait-and-see approach for investors.
Joby to Acquire Blade’s Passenger Business, Accelerating Air Taxi Commercialization
Joby Aviation is acquiring Blade Air Mobility's urban air mobility passenger business for up to $125 million, excluding Blade's medical division. This acquisition provides Joby with immediate market access and infrastructure in key urban centers like New York City, accelerating its commercialization efforts for electric air taxis. Blade's passenger operations, including dedicated terminals and lounge infrastructure, will continue as a wholly-owned subsidiary under Blade's current CEO, Rob Wiesenthal.
Joby Aviation Acquires Blade Air Mobility’s Passenger Business
Joby Aviation (NYSE: JOBY) has acquired the urban air mobility passenger business of Blade Air Mobility (NASDAQ: BLDE). This strategic move strengthens Joby's position for its upcoming passenger services launch in Dubai and provides access to key markets like New York City and Southern Europe. The acquisition aims to combine Joby’s eVTOL technology with Blade’s premium air travel expertise, transitioning passengers from helicopters to eco-friendly eVTOL aircraft.
Blade Air Mobility Inc (BLDE) Q2 2025 Earnings Report Preview: What To Expect
Blade Air Mobility Inc (NASDAQ:BLDE) is scheduled to release its Q2 2025 earnings on August 5, 2025. Analysts anticipate revenue of $64.08 million and an EPS of -$0.04 for the quarter, with full-year 2025 projections at $257.94 million in revenue and -$0.11 EPS. The company's prior quarter results surpassed expectations, leading to an 18.49% stock increase.
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Joby Aviation announced its acquisition of Blade Air Mobility's urban air mobility passenger business for up to $125 million, aiming to accelerate air taxi commercialization. The deal provides Joby with access to Blade's terminal infrastructure in key urban markets like New York City and Europe, a loyal customer base, and operational expertise to launch passenger services in Dubai next year. Blade's medical division will remain separate and partner with Joby for medical transportation.
Joby To Acquire Blade's Passenger Business, Accelerating Air Taxi Commercialization
Joby Aviation (NYSE:JOBY) announced it will acquire Blade Air Mobility, Inc.'s (NASDAQ:BLDE) urban air mobility passenger business for up to $125 million, which includes operations in the U.S. and Europe. This acquisition provides Joby with immediate market access, key infrastructure like dedicated terminals at major airports, and Blade's operational expertise to accelerate its commercialization efforts, particularly as it prepares for its first passenger flights in Dubai next year. Blade's medical division will remain a separate public company and partner with Joby for medical transportation and organ transport services.
Joby to Acquire Blade’s Passenger Business, Accelerating Air Taxi Commercialization
Joby Aviation, Inc. announced its definitive agreement to acquire Blade Air Mobility, Inc.'s urban air mobility passenger business for up to $125 million, payable in stock or cash. This acquisition provides Joby with dedicated terminal infrastructure in key urban markets, a loyal customer base, and operational expertise to accelerate its air taxi commercialization, with plans to begin passenger services in Dubai next year. Blade's medical transport division will remain a separate public company renamed Strata Critical Medical and will partner with Joby as the preferred VTOL provider.
Joby Stock Flies On Blade Deal And Military Edge In Race To The Future
Joby Aviation's stock surged after two significant announcements: the acquisition of Blade Air Mobility's passenger business for up to $125 million and a strategic partnership with L3Harris Technologies for military VTOL aircraft development. The Blade acquisition grants Joby access to key urban markets and customer infrastructure, while the L3Harris collaboration aims to develop hybrid, gas turbine-powered VTOL aircraft for military use, with flight testing beginning this fall. These developments signify Joby's aggressive push into both commercial air taxi services and defense applications, generating investor enthusiasm and nearly doubling its stock value over the past month.
Joby to Acquire Blade’s Passenger Business, Accelerating Air Taxi Commercialization
Joby Aviation (NYSE:JOBY) announced its definitive agreement to acquire Blade Air Mobility's (NASDAQ:BLDE) urban air mobility passenger business for up to $125 million. This acquisition will provide Joby with access to Blade's terminal infrastructure in key markets like New York City and Southern Europe, a loyal customer base, and operational expertise to accelerate the commercialization of its electric air taxis, with initial passenger services planned for Dubai next year. The deal also establishes Joby as the preferred VTOL partner for Blade's organ transport business, which will be renamed Strata Critical Medical.
Joby To Acquire Blade’s Passenger Business
Joby Aviation, a developer of electric air taxis, announced a definitive agreement to acquire Blade Air Mobility's urban air mobility passenger business for up to $125 million in stock or cash. This acquisition is expected to accelerate Joby's commercialization by leveraging Blade's existing infrastructure, customer base, and market access in key urban corridors like New York City and Southern Europe. The deal also includes Blade's passenger operations and brand, with Blade's medical division remaining a separate public company and partnering with Joby for organ transport.
Joby says Blade Air Mobility deal is ‘massive accelerant’ in air taxi drive
Joby Aviation announced plans to acquire Blade Air Mobility's helicopter rideshare business for up to $125 million, aiming to accelerate the expansion of its electric air taxi services. This acquisition includes Blade's passenger operations in the U.S. and Europe, as well as the Blade brand, with Blade's medical division continuing as a public company. Joby expects the deal to leverage Blade's existing infrastructure and customer base to speed up its commercialization efforts for electric vertical take-off and landing (eVTOL) aircraft.
Joby to Acquire Blade’s Passenger Business
Joby Aviation is set to acquire Blade Air Mobility’s urban air mobility passenger business, a move expected to provide immediate market access and infrastructure in key urban corridors. This acquisition will integrate Joby's technology with Blade's customer transportation experience, accelerating Joby's commercialization efforts and reducing infrastructure investment. Blade's Medical division will partner with Joby, and its organ transport business will become "Strata Critical Medical."
Electric Air Taxi Company Plans to Acquire a Helicopter Business
Joby Aviation, a developer of electric aircraft, plans to acquire the passenger business of Blade Air Mobility for $125 million. This acquisition will provide Joby with access to Blade's infrastructure, routes, and customers, helping to accelerate its electric air taxi service. The deal signifies a step closer to the widespread use of electric planes, with Joby aiming for crucial flight tests in early 2026 and carrying its first passengers next year.
Joby Buys Blade Passenger Operation for eVTOL Air-taxi Service
Joby Aviation has acquired Blade Air Mobility's passenger operations, aiming to transition Blade's helicopter service customers to Joby's eVTOL air taxi flights. This move provides Joby with an established infrastructure and customer base for its future air taxi services.
Blade Air Mobility Achieves Milestone with First Passenger-Carrying Electric Flight Using BETA's ALIA CTOL Aircraft
Blade Air Mobility successfully completed the first passenger-carrying electric flight in the U.S. using BETA Technologies' ALIA CTOL aircraft, with CEO Rob Wiesenthal aboard. This event, flying from East Hampton to JFK Airport, marks a significant step towards sustainable and emission-free advanced air mobility. Blade aims to integrate Electric Vertical Aircraft (EVA) into its service model to reduce congestion and emissions.
BLDE Stock Price, News & Analysis
Blade Air Mobility, which traded under the ticker BLDE, has transitioned its corporate name to Strata Critical Medical, Inc. and changed its Nasdaq symbol to SRTA. This change followed the sale of its passenger business to Joby Aviation, shifting its focus entirely to mission-critical logistics and medical services, particularly the transportation of human organs for transplant. The article details its historical operations under BLDE and its current direction as Strata Critical Medical.
Blade Air Mobility and Skyports Partner for Manhattan to JFK Flights
Blade Air Mobility (Nasdaq: BLDE) and Skyports Infrastructure announced a partnership to enhance Blade's existing helicopter transfer service between Downtown Manhattan Heliport and JFK Airport. This pilot program, launching in April 2025, aims to assess commuter demand and ground operations to prepare for the introduction of quieter, emission-free eVTOL aircraft. Flights will operate weekdays from 3:00 PM to 7:00 PM, with tickets starting at $195.
Blade Air Mobility, Inc. CEO Rob Wiesenthal to Present at 2025 J.P. Morgan Industrials Conference on March 13
Blade Air Mobility, Inc. CEO Rob Wiesenthal is scheduled to present at the 2025 J.P. Morgan Industrials Conference on March 13, 2025. The company, known for air transportation and logistics, including organ transport, is focusing on transitioning to Electric Vertical Aircraft (eVTOL) for sustainable air mobility. The article also details recent insider trading activity, primarily sales, and hedge fund movements in BLDE stock.
Blade Air Mobility Leads The Charge Among 3 US Penny Stocks
This article highlights three US penny stocks—Blade Air Mobility, Nautilus Biotechnology, and Pliant Therapeutics—that show potential despite being speculative investments. Each company is analyzed for its financial health, market cap, and operational status, with a focus on their unique prospects and financial stability. The piece aims to guide investors interested in growth opportunities beyond large-cap stocks.
Blade Air Mobility, Inc. (NASDAQ:BLDE) is a favorite amongst institutional investors who own 54%
Institutional investors hold a significant 54% stake in Blade Air Mobility, Inc. (NASDAQ:BLDE), indicating their strong influence on the company's share price. KSL Advisors, LLC, ARK Investment Management LLC, and Robert Wiesenthal are among the largest shareholders, with Robert Wiesenthal also serving on the Board of Directors. Insiders also maintain a substantial holding in the company, worth US$31 million.
Blade Adds Helicopter Routes in Atlantic City and Monaco
Blade has launched new helicopter routes connecting New York City to Atlantic City, New Jersey, and Nice to Monaco. These new services aim to provide expanded options for customers seeking convenient and efficient air travel between these key destinations. The expansion highlights Blade's ongoing effort to enhance urban air mobility.
Ocean Casino Resort partners with Blade to offer helicopter flights from NYC to A.C.
Ocean Casino Resort in Atlantic City has partnered with BLADE, a global air mobility platform, to offer nonstop helicopter flights from New York City to its rooftop helipad. The service, starting May 25, will provide a 40-minute luxury travel experience for guests, including concierge service and complimentary suite upgrades. This partnership aims to enhance the resort's amenities and make Atlantic City more accessible to a broader audience from Manhattan.
Blade launches luxury shuttle bus to the Hamptons for summer – but a single seat could set you back $275
Blade Air Mobility is introducing a luxury shuttle bus service from New York City to the Hamptons, offering an elevated ground travel experience between the budget Hampton Jitney and their own helicopter services. The Hamptons Streamliner, a partnership with Jet, features amenities like cashmere blankets, espresso martinis, and 45-degree reclining seats, with prices ranging from $195 to $275 per seat. This new service aims to attract Hampton-bound NYC weekenders looking for an alternative to chauffeured cars or expensive helicopter rides, especially targeting younger demographics.
Luxury bus service to the Hamptons set to start this summer
Blade Air Mobility is launching a new luxury bus service to the Hamptons this summer, aiming to compete with Hampton Jitney by offering premium amenities like in-seat food service and motion-canceling HoverSeats. This pilot program will provide a "middle ground" option between standard bus travel and high-cost helicopter charters, targeting a younger demographic. Services will run from Memorial Day weekend to Labor Day, with one-way tickets ranging from $195 to $275.
Who Needs a Chopper? Blade Is Launching a Luxe Bus Service to the Hamptons This Summer
Blade Air Mobility Inc., known for its helicopter taxi service, is introducing a luxury bus service called "The Hamptons Streamliner" to the Hamptons this summer. Partnering with The Jet, this premium service offers 19 motion-canceling seats, high-end amenities, and an attendant for a more comfortable journey compared to traditional bus services. Starting at $195 per seat, it aims to provide a middle ground between expensive helicopter rides and standard coach services for New Yorkers looking for an elevated travel experience.
Air taxi Blade is actually an organ transport business in disguise
Blade, initially known for its air taxi services, has surprisingly transformed into America's largest dedicated air transporter of human organs. While a significant portion of its 2023 revenue still came from passenger flights, the majority now stems from transporting critical organs like hearts, livers, and lungs. This strategic shift was driven by delays in eVTOL adoption, the acquisition of Trinity Air Medical, and the essential nature of organ transport providing a stable and growing business segment less susceptible to seasonal fluctuations and regulatory pressures.
Not Just Helicopters: How Can I Fly On A Blade Private Jet?
BLADE is known for its helicopter services offering quick transfers between city centers and airports, such as Manhattan to JFK. The company has expanded its offerings to include private jet charter services worldwide, operating on a "by-the-seat" model. This allows customers to book individual seats on private jet flights to popular destinations at a significantly reduced cost compared to chartering an entire jet, making VVIP transport more accessible.
Blade Air Mobility Gets Authorization To Repurchase Up To $20 Mln Class A Stock
Blade Air Mobility, Inc. (BLDE) has announced that its Board of Directors authorized a share repurchase program of up to $20 million of its outstanding Class A common stock. The company believes this program will allow it to opportunistically capitalize on stock price dislocations when deemed prudent. The announcement led to a pre-market price increase of 7.34 percent for BLDE shares.
The Real Brokerage Appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis
The Real Brokerage Inc. announced the appointment of Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis. Jani brings nearly 15 years of experience in corporate finance, investor relations, and capital markets, including roles at Blade Air Mobility, Citadel LLC, and Anchor Bolt Capital LP. His appointment is expected to help the company drive profitable growth and communicate its value to the investment community.
Origami Electric Helicopters Aren’t Coming to The Skies of Your City
The article discusses the inflated valuations of electric vertical take-off and landing (eVTOL) companies, despite their lack of certified aircraft and limited range. It highlights several companies like Joby, Lilium, Archer, and Ehang, questioning the investment of billions into what are essentially "overgrown quadcopters" given the relatively smaller global helicopter market. The author suggests that eVTOLs are a "VC-fueled bad idea in search of a problem to solve."
Blade Launches Seasonal Hamptons Pass
Blade Air Mobility is introducing a seasonal pass for unlimited helicopter flights between New York City and the Hamptons. These flights will utilize Sikorsky S-76C+ helicopters, offering a convenient commute for passengers.
Premium helicopter service launched in Goa to boost tourism | Hindustan Times
Two private helicopter companies, Soaring Aerospace Pvt Ltd (in partnership with GTDC) and FlyBlade India, have launched premium helicopter services in Goa, aiming to boost high-end tourism and cater to increased demand post-pandemic. The services include joyrides and airport transfers, with a pay-per-seat model also available to make it more accessible. This initiative hopes to succeed where previous attempts failed, leveraging the new airport's location and a shift in consumer emphasis towards convenience and time efficiency.
RedBird Capital Increases Blade Urban Mobility Stake To 5%
RedBird Capital Partners has increased its stake in publicly traded Blade Urban Mobility from 1% to 5%, signifying a strong vote of confidence in the urban air mobility provider. Blade, known for helicopter ridesharing, is expanding into organ transportation, eVTOLs, and international markets, while RedBird views this investment as integral to its broader aviation strategy, focusing on current market growth and future disruption from electric vertical aircraft. Despite a recent stock price slide since its 2021 IPO, Blade reported significant revenue growth for the nine months ending September 30, 2022, though it also posted a net loss.
Bengaluru airport to city in 15 minutes: Airport Chopper service to start from October
Fly Blade India is launching a helicopter service from Kempegowda International Airport to the city, aiming to cut travel time from over two hours to just 15 minutes. The service, starting October 10, will initially operate twice daily to HAL airport, with plans for expansion to other routes like Whitefield and Electronic City. The cost per seat will be Rs 3,250 (excluding taxes), utilizing five-seater H125 DVG Airbus helicopters.
BLADE and Eve Announce Strategic Partnership to Expand Urban Air Mobility Ecosystem in India
BLADE India and Eve Air Mobility have formed a strategic partnership to expand the Urban Air Mobility (UAM) ecosystem in India. This collaboration includes a non-binding order for up to 200 of Eve’s eVTOL aircraft, with BLADE India underwriting 50,000 hours of flight time annually, and a pilot project for intra-city helicopter flights. Both companies aim to leverage India's unique market challenges to develop zero-emission, efficient air mobility solutions and enhance Eve’s eVTOL design and UATM software.
Eve wants to mimic flying taxi journeys in Chicago using helicopters
Eve, an urban air mobility firm, will conduct a three-week trial in Chicago using helicopters to simulate flying taxi journeys. The aim is to understand the operational, ground service, and passenger experience requirements for future eVTOL services. The simulation will involve passenger flights from Vertiport Chicago to other helistops, allowing Eve and its partners to study the entire urban air mobility ecosystem.
BLADE India expands footprint to Goa; boosting heli-tourism in the State
BLADE India, an urban air mobility company, has launched three helicopter services in Goa in association with the state government, aiming to boost heli-tourism and connectivity. The services include by-the-seat flights connecting Goa airport to North, South Goa, and Old Airport, private charter services, and experiential flights for aerial views. This expansion follows successful operations in Maharashtra and Karnataka, making Goa more accessible for travelers.
Boost to heli tourism in Karnataka: BLADE India launches helicopter service from Bengaluru to Coorg, Kabini
BLADE India has launched scheduled by-the-seat helicopter services between Bengaluru and the popular tourist destinations of Coorg and Kabini, aiming to boost heli-tourism in Karnataka and reduce travel time. The service, costing Rs 16,000 per seat to Coorg, is a joint venture between BLADE Urban Air Mobility Inc and Hunch Ventures, building on their previous charter services in the state. This initiative significantly cuts down the 6-7 hour road journey to just one hour.
The science behind helicopter noise — and how the industry is working to reduce it
This article examines the persistent issue of helicopter noise, exploring its scientific origins and the disproportionate public annoyance it generates. It details efforts by the industry, including HAI's Fly Neighborly Guide and technological advancements in aircraft design, to reduce noise and improve community relations. The piece also discusses the impact of emerging urban air mobility solutions on noise reduction.
Blade set to lift off; urban heli-taxi to go public in 2021
Urban helicopter taxi company Blade is set to go public in the first half of 2021 through a merger with Nasdaq-listed Experience Investment Corp., valuing the company at $825 million. The deal will generate $400 million in proceeds, which Blade plans to use for expansion and transitioning to electric-powered vehicles. The companies anticipate the urban air transportation market to grow significantly, reaching $125 billion by 2025 and $650 billion in the subsequent decade.
‘BLADE is designed to offer customers the luxury of convenience’
BLADE, an urban air mobility service, has launched its operations in India, its first overseas market, through a joint venture with Delhi-based Hunch Ventures. The service, which uses luxury choppers, provides on-demand flights between Mumbai, Pune, and Shirdi, aiming to offer customers the "luxury of convenience" in a country with growing traffic congestion. Co-founders Rob Wiesenthal and Karanpal Singh explain the asset-light model, pricing, and future expansion plans, emphasizing safety and high service standards consistent with their U.S. operations.
Blade expands helicopter service in the L.A. area
Blade Urban Air Mobility, Inc. is expanding its helicopter service in the Los Angeles area, introducing by-the-seat routes and a new downtown L.A. rooftop heliport lounge. The service aims to offer fast and affordable alternatives to driving, with routes connecting key destinations like LAX, downtown LA, and Orange County, utilizing Airbus H130 helicopters. Blade has also partnered with American Airlines to offer seamless connections for premium-cabin guests.
