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Blade Air Mobility provides on-demand urban air transport for passengers and time-critical cargo, primarily using helicopters and amphibious aircraft. It operates with an asset-light model as an indirect air carrier by arranging flights with DOT/FAA-licensed direct air carriers rather than owning aircraft. The service covers the United States, Canada, Southern Europe, and India, including routes like Manhattan-area flights to shorten travel time in congested urban areas. Revenue comes from selling seats on scheduled flights, private charters, and expedited delivery of high-value cargo (such as organs), with the goal of cutting travel and delivery times in busy cities.
Industries
Industrial & Manufacturing
Aerospace
Company Size
201-500
Company Stage
IPO
Headquarters
New York City, New York
Founded
2014
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Total Funding
$482.2M
Above
Industry Average
Funded Over
6 Rounds
Flexible Work Hours
Strata Critical Medical, a US provider of time-critical logistics solutions and specialised medical services to healthcare providers, is expected to break even within 12 months, according to consensus from two analysts. The company posted a US$33 million loss in its latest trailing 12 months, widening from US$27 million the previous year. Analysts forecast a final loss in 2025 before the company turns a US$7 million profit in 2026. This projection requires an aggressive average annual growth rate of 171%. Notably, Strata Critical Medical operates with no debt on its balance sheet, relying entirely on shareholder funding. This unusual structure for a cash-burning growth company reduces refinancing risks and makes it a less risky investment proposition.
Keystone is expected to generate approximately $65 million of revenue and approximately $13 million of Adjusted EBITDA(1) in the full-year 2025, with...
Joby Aviation's acquisition of Blade Air Mobility will accelerate the commercialization of its eVTOL air taxi services. The acquisition provides Joby with Blade's customer base, routes, and infrastructure, reducing costs. Blade will operate as a subsidiary under CEO Rob Wiesenthal. Joby will pay up to $125 million, including $35 million in holdbacks. Blade's Medical division will become a separate company named Strata Critical Medical.
Joby Aviation is expanding in NYC and globally with a $125 million acquisition of Blade Air Mobility's passenger business, as it nears FAA certification for passenger flights. The deal enhances Joby's infrastructure, adding terminals at JFK and Newark. Blade will restructure its medical transport division as Strata Critical Medical. Despite political concerns, Joby has bipartisan support and plans to launch commercial flights next year, with potential collaborations with Uber and Blade apps.
BLADE X Ocean Casino Resort. Atlantic City’s Ocean Casino Resort will be flying guests by helicopter in style all summer long. On Tuesday, the hotel and casino resort announced its partnership with global air mobility platform BLADE to offer nonstop air travel from New York City directly to Ocean’s distinctive rooftop helipad. “We are pleased to be partnering with BLADE to launch Ocean’s customer-facing, by-the-seat helicopter service throughout the summer,” Bill Callahan, general manager for Ocean Casino Resort, said. “Our customers have enjoyed privately chartered trips since we built our helipad last year, however adding a scheduled best-in-class travel experience provides yet another fantastic amenity to our award-winning beachfront resort.”
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Industries
Industrial & Manufacturing
Aerospace
Company Size
201-500
Company Stage
IPO
Headquarters
New York City, New York
Founded
2014
Find jobs on Simplify and start your career today