NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company") today announced an agreement to sell Blade's passenger division to Joby Aviation, Inc. (NYSE: JOBY) for up to $125 million. Following the close of the transaction, Blade's Medical division will remain public and re-brand as Strata Critical Medical ("Strata"), focusing on leveraging its asset-light platform to provide mission critical logistics and medical services to hospitals and healthcare provide ...

| | | | Three Months Ended March 31, | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | % Change | | | Revenue | $ | 54,306 | $ | 51,514 | | 5.4 | % | | Cost of revenue | $ | 42,328 | $ | 41,375 | | 2.3 | % | | Software development | | 812 | | 670 | | 21.2 | % | | General and administrative | | 17,314 | | 17,209 | | 0.6 | % | | Selling and marketing | | 1,435 | | 2,128 | | (32.6 ) | % | | Total operating expenses | $ | 61,889 | $ | 61,382 | | 0.8 | % | | Loss from operations ...