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 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 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 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.
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.
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.
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.
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.
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 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.
PGA of America and Bell announce helicopter program for 101st PGA Championship
The PGA of America, in collaboration with Bell Helicopter, has announced an innovative transportation program for the 101st PGA Championship at Bethpage Black. This new service will provide helicopter transport for key stakeholders, including C-Suite executives and corporate hospitality clients, from Manhattan and surrounding New York Metro corporate centers directly to Bethpage State Park. Bell will serve as the official helicopter provider, utilizing its 429 and 407 models, and coordinating operations with Zip Aviation and BLADE.
