Latest news with #Blade
Yahoo
9 hours ago
- Business
- Yahoo
Blade Participates in First Electric Passenger Flight in the U.S.
Flight utilized BETA's ALIA CTOL, which departed East Hampton Airport, New York and arrived at John F. Kennedy International Airport in New York City Blade CEO Rob Wiesenthal's participation as a passenger on the all-electric flight underscores the company's commitment to quiet, emission-free air mobility Blade, BETA Technologies, and other Advanced Air Mobility manufacturers continue to collaborate on the integration of Electric Vertical Aircraft ('EVA' or 'eVTOL') in Blade's service model NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE,'Blade', or the 'Company'), participated in the historic first passenger-carrying flight of an electric aircraft in the U.S. BETA Technologies' ALIA conventional take-off and landing ('CTOL') aircraft flew from East Hampton Airport in New York into John F. Kennedy International Airport in New York City. The flight marked a major milestone in the advancement of all-electric aviation within commercial airspace. Blade CEO Rob Wiesenthal said, "This electric aircraft flight from Long Island to New York City highlights that quiet and emission-free flight is quickly becoming a reality, benefiting Blade's fliers, local residents, and other key stakeholders." Mr. Wiesenthal added, "I can think of no better way to demonstrate our company's commitment to quiet, electric aircraft commercialization than my participation on this flight as a passenger." The ALIA CTOL, developed by Vermont-based BETA Technologies, is a battery-powered, fixed-wing aircraft designed for safe, efficient, and sustainable transport of people and cargo. The aircraft has logged thousands of miles across diverse real-world conditions and is the first of its kind to receive a market survey certificate from the Federal Aviation Administration (FAA), enabling rigorous demonstration operations ahead of full certification. 'Flying our electric aircraft into one of the world's busiest airports, with passengers, proves advanced air mobility is not some future concept, it's here,' said BETA Technologies Founder and CEO Kyle Clark. 'Today's flight is about more than technology; it's about innovation and connecting communities in safer, quieter, and more efficient ways. After years of rigorous safety testing in all types of environments, we're proud to stand with the Port Authority and the city of New York to demonstrate exactly how this aircraft can serve cities by easing congestion, reducing emissions, and increasing accessibility.' Blade's asset-light model, coupled with its proprietary terminal infrastructure, is uniquely positioned to accelerate the commercial transition to quiet, emission-free aircraft. The successful demonstration flight affirms both the near-term feasibility of electric aviation in metropolitan environments and Blade's leadership in shaping the future of sustainable air mobility. About Blade Air Mobility Blade Air Mobility provides air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, and Southern Europe. Based in New York City, Blade's asset-light model, coupled with its exclusive passenger terminal infrastructure and proprietary technologies, is designed to facilitate a seamless transition from helicopters and fixed-wing aircraft to Electric Vertical Aircraft ('EVA' or 'eVTOL'), enabling lower cost air mobility that is both quiet and emission-free. For more information, visit About BETA Technologies BETA Technologies is a Vermont-based aerospace company manufacturing the future of aviation. The company is producing next-generation aircraft — the fixed wing electric 'ALIA CTOL' and the electric vertical takeoff and landing "ALIA VTOL" — as well as the technologies that enable them, such as electric propulsion systems, flight controls, and battery packs. In addition, BETA is deploying an infrastructure network across the U.S. to ensure this new class of aircraft has access to reliable charging. These products are being manufactured at BETA's nearly 200,000 square foot production facility in South Burlington. With its low-cost, high reliability, and regional range capabilities, BETA's products are designed to move goods and people to increase connectivity for rural areas and improve access to healthcare and e-commerce across the U.S. — and beyond. For more information, visit Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as "will", 'anticipate,' 'believe,' 'could,' 'continue,' 'expect,' 'estimate,' 'may,' 'plan,' 'outlook,' 'future' and 'project' and other similar expressions and the negatives of those terms. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade's future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning Blade's future financial and operating performance, results of operations, business and capital deployment strategies and plans, customer behavior, competitive position, industry environment and growth opportunities, and the development and adoption of EVA technology. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blade's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: our continued incurrence of significant losses; the impact of the COVID-19 pandemic and its related effects, failure of the markets for our offerings to grow as expected, or at all; our ability to effectively market and sell air transportation as a substitute for conventional methods of transportation; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; our ability to successfully enter new markets and launch new routes and services; any adverse publicity stemming from accidents involving small aircraft, helicopters or charter flights and, in particular, any accidents involving our third-party operators; the effects of competition; harm to our reputation and brand; our ability to provide high-quality customer support; our ability to maintain a high daily aircraft usage rate; changes in consumer preferences, discretionary spending and other economic conditions; impact of natural disasters, outbreaks and pandemics, economic, social, weather, growth constraints, and regulatory conditions or other circumstances on metropolitan areas and airports where we have geographic concentration; the effects of climate change, including potential increased impacts of severe weather and regulatory activity; the availability of aircraft fuel; our ability to address system failures, defects, errors, or vulnerabilities in our website, applications, backend systems or other technology systems or those of third-party technology providers; interruptions or security breaches of our information technology systems; our placements within mobile applications; our ability to protect our intellectual property rights; our use of open source software; our ability to expand and maintain our infrastructure network; our ability to access additional funding; the increase of costs and risks associated with international expansion; our ability to identify, complete and successfully integrate future acquisitions; our ability to manage our growth; increases in insurance costs or reductions in insurance coverage; the loss of key members of our management team; our ability to maintain our company culture; our reliance on contractual relationships with certain transplant centers and Organ Procurement Organizations; effects of fluctuating financial results; our reliance on third-party operators; the availability of third-party operators; disruptions to third party operators; increases in insurance costs or reductions in insurance coverage for our third-party aircraft operators; the possibility that our third-party aircraft operators may illegally, improperly or otherwise inappropriately operate our branded aircraft; our reliance on third-party web service providers; changes in our regulatory environment; regulatory obstacles in local governments; the expansion of domestic and foreign privacy and security laws; the expansion of environmental regulations; our ability to remediate any material weaknesses or maintain internal controls over financial reporting; our ability to maintain effective internal controls and disclosure controls; changes in the fair value of our warrants; and other factors beyond our control. Additional factors can be found in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. We are unable to reconciled forward-looking non-GAAP guidance, including Flight Profit Margin, Adjusted Corporate Expenses, and Adjusted EBITDA, without unreasonable effort due to the variability and low visibility with respect to certain costs, the most significant of which are incentive compensation, transaction-related expenses, and certain value measurements, which may have unpredictable, and potentially significant, impact on future GAAP financial results. ContactsMedia RelationsLee GoldPress@ Investor RelationsMat SchneiderInvestors@
Los Angeles Times
3 days ago
- Sport
- Los Angeles Times
Long Beach Poly boys' 4x400 relay team shines at state track and field championships
CLOVIS, Calif. — The stars close the show and Long Beach Poly's 4x400-meter relay brought the crowd to its feet with a stunning performance in the final race of the CIF State Track & Field Finals, winning in 3 minutes 8.68 seconds for the second-fastest time ever in the state meet. The top four teams ran sub-3:10, making it the fastest four-lapper ever in the finals on depth. The Jackrabbits just missed the state meet record of 3:08.42 set in 2010 by a Gardena Serra foursome anchored by Robert Woods, running the fourth-fastest time in California history. Central East of Fresno was second in 3:09.23, Servite took third in 3:09.46 to clinch the team title with 33 points, L.A. Cathedral took fourth in 3:09.59 and Long Beach Wilson was fifth in 3:10.55. Sprinters headlined Friday's prelims but it was the distance runners who played leading roles Saturday at Buchanan High School. Rylee Blade has made a habit of performing her best on the brightest stage and she ran her fastest girls' 3,200-meter race ever (9:50.51) but had to settle for second when she was passed on the last turn by Hanne Thomsen of Santa Rosa Montgomery, who won in 9:48.98. 'I knew this would be a kicking race and give [Thomsen] credit, she had a bit more at the end,' said Blade, the Corona Santiago standout who won the state title as a sophomore and was third last year. In a shocking development, Stanford-bound senior Evan Noonan of Dana Hills, last year's boys' 3,200 champion, caught a stomach flu earlier in the afternoon and had to drop out of the race, distraught that he couldn't defend his title. Woodcrest Christian's Eyan Turk took advantage of the race favorite's absence, winning in 8:51.62. Thomsen was involved in another stretch duel in the girls' 1,600 versus another Corona Santiago runner Braelyn Combe, who did not realize she won until times were posted on the scoreboard. 'We were shoulder to shoulder with 100 [meters] to go and pushed each other to the end,' said Comb, who won by five-hundredths of a second in a personal-best of 4:35.64, the second-fastest in the country this year and fifth fastest in state history. 'I've never been that close to someone at the finish line. I closed my eyes and prayed and when I looked up at the board I burst into tears. I've never wanted anything more in my life. I'm so happy. My family drove five hours up here to watch.' Combe, a junior who took second in the 1,600 last year, credits her victory to training with Blade, who she called 'unbelievable.' 'It's a blessing to have her on my team, she's the best pacing partner,' said Combe, who capped off her day by anchoring the Sharks' 4x800-meter relay, which ran 8:49.01 to establish a new state meet record. 'It's a real advantage for me.' Looking like an Olympic gymnast, Loren Webster stuck her landing on her fifth attempt in the girls' long jump, a personal-best 21 feet, 0¼ inches that earned her first-place by three and a half inches over transgender athlete A.B. Hernandez, who beat Webster at the Southern Section Masters Meet and posted the top qualifying mark Friday. 'I'm glad I was able to win to honor my jump coach who has worked with me since my first year jumping as a sophomore,' the teary-eyed senior said of Carl Hampton, who died of cancer May 24, the day of the Masters Meet. 'I PR'd by a couple of inches. I was injured most of the season but I knew what I was capable of and I knew today was the only day that mattered.' Hernandez went on to win the triple jump and tied for first with Lelani Laruelle of Monte Vista and Jillene Wetteland of Long Beach Poly in the high jump at 5-07. JJ Harel of Sherman Oaks Notre Dame cleared 6-09 to win the boys high jump after finishing second at the state meet last year. 'I knew I would win but honestly, I'm not happy,' said the Knights' junior, whose personal-best was 7-0¼ last year. 'I was on fire in the lower heights, getting over easily but once it got to seven feet I forgot my form.' Giving Harel a high-five after his win was Notre Dame senior Aja Johnson, who won the girls' shot put for the second time in three years with a throw of 45-05¾. 'It's not a PR or anything but at least I won it for my school. ... I'm happy about that,' said Johnson, who is going to college at Louisville. Oaks Christian's girls repeated as 4x100 champions in 46.08, edging Long Beach Poly (46.18) for the second year in a row. Servite won the boys 4x100 relay in 40.27, one hundredth of a second faster than its prelim time. Concord De La Salle junior Jaden Jefferson won the boys' 100 meters in 10.27, followed by Servite's Benjamin Harris (10.31), Alemany's Demare Dezeurn (10.39) and Rancho Cucamonga's RJ Sermons (10.48). Temecula Valley's Jack Stadlman won the 400 meters in 46.02 and took second in the 200 meters in 20.82. Sermons, who had to win a run-off Friday to gain the last qualifying spot, finished sixth in the 200 in 21.05. Long Beach Wilson successfully defended its 4x400 girls relay title.
USA Today
26-05-2025
- Sport
- USA Today
Michigan football in top 7 for 2026 four-star edge rusher McHale Blade, visiting June 6
Michigan football in top 7 for 2026 four-star edge rusher McHale Blade, visiting June 6 Michigan football has had some stellar edge rushers over the years, and if you're the go-to guy getting at the passer wearing maize and blue, chances are you're going to hear your name called rather early in the NFL draft. Such has been the case for nearly a decade. The Wolverines have had several defensive ends go in the first round -- including Taco Charlton, Rashan Gary, Kwity Paye, and Aidan Hutchinson -- as well as others were ho have gone early, but not in round one, like Josaiah Stewart this year, as well as Josh Uche, Chris Wormley, David Ojabo, and others. Thus, the maize and blue are usually in high consideration for top recruits at the position. Top-tier four-star includes Michigan football in his top group On Friday, an elite edge rusher from an elite high school dropped his top seven schools, just a week before the official visit slate is set to begin. 2026 Chicago (Ill.) Simeon four-star EDGE McHale Blade has long been recruited by Michigan defensive line coach Lou Esposito, and it looks like that's paid off, with Blade including the Wolverines in his top group. But Blade also included USC, Notre Dame, Purdue, Wisconsin, Illinois, and Stanford. Rivals is highest on Blade, listing him as the No. 110 player in the country, regardless of position. At the moment, it appears as if Notre Dame has the edge, according to the On3 recruiting prediction machine. Blade's visit and commitment date Blade is set to visit Ann Arbor on June 6, and it will be his fifth time on campus. He's also set to see Wisconsin, USC, and Notre Dame with the Irish getting the final visit on June 20. He plans to make his commitment on July 4. He is listed at 6-foot-5, 255 pounds, according to On3.
Yahoo
22-05-2025
- Business
- Yahoo
Blade Air Mobility to Present at the Jefferies eVTOL / AAM Summit
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, 'Blade' or the 'Company'), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, and Will Heyburn, Chief Financial Officer, will present at the Jefferies eVTOL / AAM Summit on Wednesday, May 28, 2025 at 10:40am ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the Company's website at About Blade Air MobilityBlade Air Mobility provides air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, and Southern Europe. Based in New York City, Blade's asset-light model, coupled with its exclusive passenger terminal infrastructure and proprietary technologies, is designed to facilitate a seamless transition from helicopters and fixed-wing aircraft to Electric Vertical Aircraft ('EVA' or 'eVTOL'), enabling lower cost air mobility that is both quiet and emission-free. For more information, visit Forward-Looking StatementsThis press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as "will", 'anticipate,' 'believe,' 'could,' 'continue,' 'expect,' 'estimate,' 'may,' 'plan,' 'outlook,' 'future' and 'project' and other similar expressions and the negatives of those terms. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade's future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning Blade's future financial and operating performance, results of operations, business and capital deployment strategies and plans, customer behavior, competitive position, industry environment and growth opportunities, and the development and adoption of EVA technology. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blade's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: our continued incurrence of significant losses; the impact of the COVID-19 pandemic and its related effects, failure of the markets for our offerings to grow as expected, or at all; our ability to effectively market and sell air transportation as a substitute for conventional methods of transportation; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; our ability to successfully enter new markets and launch new routes and services; any adverse publicity stemming from accidents involving small aircraft, helicopters or charter flights and, in particular, any accidents involving our third-party operators; the effects of competition; harm to our reputation and brand; our ability to provide high-quality customer support; our ability to maintain a high daily aircraft usage rate; changes in consumer preferences, discretionary spending and other economic conditions; impact of natural disasters, outbreaks and pandemics, economic, social, weather, growth constraints, and regulatory conditions or other circumstances on metropolitan areas and airports where we have geographic concentration; the effects of climate change, including potential increased impacts of severe weather and regulatory activity; the availability of aircraft fuel; our ability to address system failures, defects, errors, or vulnerabilities in our website, applications, backend systems or other technology systems or those of third-party technology providers; interruptions or security breaches of our information technology systems; our placements within mobile applications; our ability to protect our intellectual property rights; our use of open source software; our ability to expand and maintain our infrastructure network; our ability to access additional funding; the increase of costs and risks associated with international expansion; our ability to identify, complete and successfully integrate future acquisitions; our ability to manage our growth; increases in insurance costs or reductions in insurance coverage; the loss of key members of our management team; our ability to maintain our company culture; our reliance on contractual relationships with certain transplant centers and Organ Procurement Organizations; effects of fluctuating financial results; our reliance on third-party operators; the availability of third-party operators; disruptions to third party operators; increases in insurance costs or reductions in insurance coverage for our third-party aircraft operators; the possibility that our third-party aircraft operators may illegally, improperly or otherwise inappropriately operate our branded aircraft; our reliance on third-party web service providers; changes in our regulatory environment; regulatory obstacles in local governments; the expansion of domestic and foreign privacy and security laws; the expansion of environmental regulations; our ability to remediate any material weaknesses or maintain internal controls over financial reporting; our ability to maintain effective internal controls and disclosure controls; changes in the fair value of our warrants; and other factors beyond our control. Additional factors can be found in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. We are unable to reconciled forward-looking non-GAAP guidance, including Flight Profit Margin, Adjusted Corporate Expenses, and Adjusted EBITDA, without unreasonable effort due to the variability and low visibility with respect to certain costs, the most significant of which are incentive compensation, transaction-related expenses, and certain value measurements, which may have unpredictable, and potentially significant, impact on future GAAP financial results. ContactsMedia RelationsLee GoldPress@ Investor RelationsMat SchneiderInvestors@
New York Post
22-05-2025
- Entertainment
- New York Post
From floating Fiats to helicopters, how to travel to the Hamptons in style
The only thing better than dashing off to the Hamptons for a summer weekend is arriving there — and party-hopping between hamlets — in high style. Here are three chic ways to escape the city and book it to the beach like the cool kids do. By Blade 4 Blade is offering four seasonal passes for a soaring summer in the Hamptons. Looking to slice the price of your summer commute? Blade has four new seasonal passes running from May 22 to Sept. 2. For frequent fliers, the summer steal is the Limitless pass — it gives you unlimited flights between Manhattan and the East End (as well as NYC-area airports) aboard one of the company's amphibious seaplanes or Bell 407 helicopters for $18,000. Advertisement That means you can drop the family off at the beach in the morning, hit the office in Manhattan and be back for sunset cocktails with no added costs, no blackout dates and absolutely zero stress. Blade is also introducing a $4,450 Summer Pass that locks in the price of flights between NYC and the Hamptons at $795. You'll fly on the company's Xcel helicopter or Aqua seaplane to any of their six Hamptons drop-off destinations. But if you swoon for Southampton or must be in Montauk, Blade has additional deals specifically for those airports. Upward and onward. By Barbie yacht 4 Yacht Hampton's 'Barbie' yacht keeps travels pretty in pink. Courtesy of Yacht Hampton Once you're in the Hamptons, the fun shouldn't stop. For trips to Orient, Greenport, Block Island, head to Yacht Hampton in Sag Harbor, where Joe Ialacci has an outrageous assortment of bobbing beauties. Advertisement There's a 16-foot floating Fiat (yes, as in the car) for tubing (from $799). He's got a brand-new 22-foot pink 'Barbie' boat, perfect, according to Ialacci, for popping the question, bachelorette parties or a day out with the gal pals (from $799). And don't worry, boys, there's a blue 'Ken' boat, too. He's added 10 new models just this season. He's also creating a 'water kingdom' of floating toys to splash with this summer. 'I'm making all the colors match so that it looks like Palm Beach, like you are off the coast from the Breakers.' Or choose from dozens of yachts, big and small: 'Some people will rent a boat for $5,000 or $6,000 just to go to lunch.' By charter yacht 4 Knight operates a 12-passenger Hinckley Talaria 44 jet boat. Courtesy of Royal Yacht Charter Advertisement Not so long ago, you might have kept your yacht in Greenwich and sailed to the East End on the weekends — or better still, caught a ride on your friend's big bad boat. But the sails in the marina are disappearing, says James Knight, the captain of Royal Yacht Charter. 'We've seen families become tax exiles and take their planes and the yachts to Florida,' he says. 'They come back and they want a boat, so we act like their boat, coming to their dock at their house.' A truly under-the-radar service for those in the know, Royal Yacht Charter is one of the only charters left in the game sailing regular routes from NYC or Greenwich to the Hamptons ($4,000 from Connecticut and $4,850 from NYC). Knight operates a 12-passenger Hinckley Talaria 44 jet boat as his flagship vessel (retailing for about $3.6 million) as well as a picnic boat for smaller groups. The trip takes about three hours (but do stop somewhere scenic for lunch) and docks where you like — say Sag Harbor or Sunset Beach on Shelter Island. By whirlybird 4 Choppers by HeliFlite charge around $2,500 per person. Courtesy of HeliFlite Advertisement Real high fliers don't copter-pool, they charter their own chopper. For three decades, HeliFlite has been shuttling Manhattan VIPs to and from the East End (and more recently from Miami to Palm Beach and even the Bahamas) with the largest fleet of twin engine helicopters on the East Coast. Think: eight-passenger Sikorsky S-76s and nine-passenger Leonardo AW139s. Now curious commuters can try out the service with an introductory HeliCard package. It offers prepaid flight time at lower, locked-in rates, and guarantees a chopper will be waiting to whisk you to Southampton, East Hampton or Montauk. Instead of springing for 25 hours of flight time, first-timers can buy as little as five — about enough to get you to and fro the Hamptons over two weekends. The plan starts at $89,500 (roughly $2,500 per passenger per trip on a nine-seater). But getting there in 35 minutes? Priceless.
