Latest news with #StrataCriticalMedical
Yahoo
04-08-2025
- Business
- Yahoo
Electric air taxi company Joby to acquire Blade Air's passenger business
(Reuters) -Joby Aviation (JOBY) will acquire helicopter rideshare company Blade Air Mobility's passenger business for up to $125 million, it said Monday, as it works to speed the deployment of electric air taxis for commercial passenger services. Joby's stock rose almost 6% before the bell on Monday. Blade's Medical division is not part of the deal and will remain a separate public company rebranded as Strata Critical Medical but will partner with Joby on medical transportation. The acquisition includes all of Blade's passenger business, including U.S. and European operations. Under the agreement, Joby will pay Blade up to $125 million, including $35 million tied to certain performance milestones and retention of certain key employees. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-08-2025
- Business
- Yahoo
Electric air taxi company Joby to acquire Blade Air's passenger business
(Reuters) -Joby Aviation will acquire helicopter rideshare company Blade Air Mobility's passenger business for up to $125 million, it said Monday, as it works to speed the deployment of electric air taxis for commercial passenger services. Blade's Medical division is not part of the deal and will remain a separate public company rebranded as Strata Critical Medical but will partner with Joby on medical transportation. The acquisition includes all of Blade's passenger business, including U.S. and European operations. Under the agreement, Joby will pay Blade up to $125 million, including $35 million tied to certain performance milestones and retention of certain key employees. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
04-08-2025
- Business
- Reuters
Electric air taxi company Joby to acquire Blade Air's passenger business
Aug 4 (Reuters) - Joby Aviation (JOBY.N), opens new tab will acquire helicopter rideshare company Blade Air Mobility's (BLDE.O), opens new tab passenger business for up to $125 million, it said Monday, as it works to speed the deployment of electric air taxis for commercial passenger services. Blade's Medical division is not part of the deal and will remain a separate public company rebranded as Strata Critical Medical but will partner with Joby on medical transportation. The acquisition includes all of Blade's passenger business, including U.S. and European operations. Under the agreement, Joby will pay Blade up to $125 million, including $35 million tied to certain performance milestones and retention of certain key employees.
