Joby to Acquire Blade’s Passenger Business

Electric air taxi developer will take over Blade’s network of terminals and lounges in locations such as New York City.

Jack Daleo

Monday, August 04, 2025 at 02:39 PM ET

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Jack Daleo

Joby’s electric vertical takeoff and landing (eVTOL) air taxi is a piloted, four-passenger model designed for short-hop flights, cruising at about 200 mph. [Courtesy: Joby Aviation]

Key Takeaways:

Joby Aviation is acquiring Blade Air Mobility's passenger division for $125 million, a strategic move to accelerate its urban air mobility (UAM) service launch.
This acquisition provides Joby with immediate access to Blade's network of 12 terminals (including key New York City locations), an established customer base of 50,000, and a real-world platform to refine its aerial ridesharing software.
Blade's medical transport business will operate separately as Strata Critical Medical, with Joby designated as its preferred eVTOL partner.

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In a seismic move for the emerging urban air mobility (UAM) industry, electric air taxi developer Joby Aviation on Monday announced it plans to acquire the passenger division of New York City-based helicopter and jet charter operator Blade Air Mobility.

The $125 million purchase nets Joby—which aims to launch a U.S. aerial ridesharing service in partnership with Delta Air Lines and Uber as soon as next year—a key launchpad for its operations.