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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 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 joins speaks with Yahoo Finance Senior Autos Reporter Pras Subramanian and Market Domination host Josh Lipton to explain how the move accelerates eVTOL adoption and why he'll stay on to lead Blade under Joby.
Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter ...
Joby Aviation Inc. said it plans to buy the helicopter rideshare business of Blade Air Mobility Inc. for as much as $125 ...
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