Judy Aviation to buy Blade Air Mobility

Joby Aviation, the Air Air Electric developer, agreed to buy business for Blade Air Mobility for $ 125 million.

Joby purchases the Blade brand and the company’s passenger company, which includes operations in the United States and Europe. The Blade founder and CEO of Rob Wiesenthal will continue to lead the company, which will operate as a fully -owned subsidiary of Joby.

The Blade Medical Department, which transports members, is not included in the deal and will remain a separate company.

The deal provides immediate access to a network of 12 stations in the main markets such as New York City – especially a dedicated hall as well as terminal bases at John F. Airport. Kennedy International, Newark Liberty Airport, the western side of Manhattan, the eastern side of Manhattan, Wall Street.

Blade, founded in 2014, does not have a fleet of aircraft. Instead, the company has developed a digital network that allows travelers to reserve private horseback riding on helicopters through many short jump roads. The service has grown in popularity in addition to that adults with adults are looking for ways to avoid traffic to transport them from suburbs to Manhattan, or to Hamptons for weekends and holidays. The company, which also provides road access from Nice, France, to Monaco and St. Trops, established more than 50,000 passengers in 2024.

The founder of Jobia Aviation Joiben Bevirt described the deal as a “strategic important” acquisition that will support the launch of its commercial operations in Dubai and the subsequent global employment. The company said it will integrate its programs, which are designed to manage air taxi operations, in Blade’s passenger service.

Joby, founded in 2009 by Bevirt, works for more than a decade to develop, certify and produce an EVTOL header to serve commercial taxis in cities. (The company is also following separate Defense businessIn the end, it will use the code with brands with electric taxi brands, not helicopters in its service, according to companies.

Joby -backed Toyota Open In 2021, through a merger with the RNTERNTER TECHNOLYS Partners, an acquisition company for purposes with the support of the founder of LinkedIn Red Hoffman and the founder of Zynga Mark Pincus.

Under the terms of the agreement, Joby hinders $ 35 million from the purchase price, which will be issued if Blade strikes some prominent features of performance and keeps some of the main employees.