Welcome to our dedicated page for Blade Air Mobility news (Ticker: BLDE), a resource for investors and traders seeking the latest updates and insights on Blade Air Mobility stock.
The BLDE news page on Stock Titan aggregates historical and transitional news for Blade Air Mobility, Inc., a technology-powered air mobility platform that has changed its corporate name to Strata Critical Medical, Inc. Company press releases describe Blade as providing air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and arranging passenger flights using helicopters and fixed-wing aircraft in the Northeast United States, Southern Europe and Western Canada.
News items for BLDE cover several key themes. Investors can review announcements about financial results, such as quarterly earnings releases furnished on Form 8-K, which discuss revenue trends, segment performance in Medical and Passenger operations, and non-GAAP metrics like Adjusted EBITDA and Flight Profit. Other articles highlight strategic transactions, including the agreement to sell Blade’s Passenger division to Joby Aviation and the subsequent completion of that sale, as well as the company’s rebranding and name change to Strata Critical Medical, Inc. with a new Nasdaq ticker symbol.
Coverage also includes capital markets and conference participation, where Blade executives present at technology, eVTOL and advanced air mobility events hosted by firms such as Oppenheimer, Jefferies, Ladenburg Thalmann and J.P. Morgan. Additional news features advanced air mobility milestones, such as Blade’s participation in an electric passenger flight using BETA Technologies’ ALIA CTOL aircraft, underscoring the company’s focus on quiet, emission-free air mobility.
By following BLDE news, readers can trace the evolution from a combined passenger and medical air mobility platform to a focused medical logistics business under the Strata Critical Medical name, and monitor how strategic partnerships, regulatory filings and operational updates have shaped that transition.
Blade Air Mobility (Nasdaq: BLDE) will have its CEO, Rob Wiesenthal, present at the Jefferies eVTOL Summit on March 28, 2023, at 11:00 am ET. The event will be webcasted, with a replay available shortly after on the company’s investor relations website. Blade focuses on providing cost-effective air transportation alternatives and uses helicopters and amphibious aircraft for passenger routes. The company is also a leading air medical transporter for organ transplants globally. Its goal is to facilitate the transition to Electric Vertical Aircraft (eVTOL) for quieter, emission-free air mobility.
Blade Air Mobility, Inc. (NASDAQ: BLDE) announced a 55% increase in Q4 2022 revenue to $38.1 million, driven by the acquisition of Blade Europe and Blade Canada. For the full year, revenue surged 118% to $146.1 million. Short Distance revenue rose 51% in Q4, while MediMobility Organ Transport revenue skyrocketed 120%. Flight Profit increased 38% to $5.4 million, although Flight Margin decreased to 14.3%. Despite a net loss of $15.4 million in the quarter, Blade remains optimistic about future growth, highlighting the non-discretionary nature of its medical services and a strategic focus on acquisitions to enhance air mobility capabilities.
Blade Air Mobility, Inc. (Nasdaq: BLDE) will present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023, at 3:00 pm ET. CFO Will Heyburn will represent the company, focusing on its innovative technology in air mobility. A live webcast will be available here. A replay will be accessible on the investor relations section of Blade's website shortly after the event.
Blade offers cost-effective air transport solutions using helicopters and amphibious aircraft, focusing on easing congestion in key routes.
Blade Air Mobility, Inc. (Nasdaq: BLDE) will release its financial results for Q4 and the full year ended December 31, 2022, on March 14, 2023, prior to market opening. A conference call will follow at 8:00 am ET, hosted by CEO Rob Wiesenthal and CFO Will Heyburn, featuring a Q&A session. Interested parties can register for the call via the provided link. An audio-only webcast will be accessible on the company’s investor relations page, with a replay available for one year. Blade is committed to reducing travel friction with its air mobility platform, utilizing helicopters and amphibious aircraft, and is a leading air medical transporter of human organs for transplant.
Blade Air Mobility (Nasdaq: BLDE) successfully completed its first demonstration flight of BETA Technologies' ALIA-250, a piloted electric vertical aircraft (eVTOL), in the greater New York City region. This flight, held on February 14, 2023, at Westchester County Airport, signifies a crucial advancement in the partnership between Blade and BETA aimed at introducing safe, quiet, and sustainable air transport. The ALIA-250 features an all-electric propulsion system, significantly reducing noise levels to one-tenth that of conventional helicopters. Blade plans to deploy these aircraft in its dedicated terminal network, enhancing its urban air mobility offerings.
Blade Air Mobility, Inc. (Nasdaq: BLDE) has announced CEO Rob Wiesenthal's participation in two investor conferences. The first is the Baird 2023 Vehicle Technology and Mobility Conference on February 15, 2023, at 10:50 am ET, followed by the Citi 2023 Global Industrial Tech and Mobility Conference on February 23, 2023, at 8:00 am ET. Both events will feature fireside chats and can be accessed via webcasts. Replay links will be available on the company's investor relations page.
Blade is a global air mobility platform focused on reducing travel friction through cost-effective air transport, primarily using helicopters and amphibious aircraft.
Blade Air Mobility, Inc. (Nasdaq:BLDE) has announced that RedBird Capital Partners has increased its ownership stake in Blade to over 5%. This marks a continuation of a 20-year partnership between RedBird's CEO, Gerry Cardinale, and Blade's CEO, Rob Wiesenthal. The collaboration aims to enhance Blade's growth, particularly in urban air mobility and organ transplant flights, leveraging RedBird's extensive portfolio in aviation, sports, and entertainment. Blade focuses on seamless air transportation solutions, transitioning towards Electric Vertical Aircraft technology to improve cost efficiency and reduce emissions.
Blade Air Mobility, Inc. (Nasdaq: BLDE) will have its Chief Financial Officer, Will Heyburn, present at the 25th Annual Needham Growth Conference on January 11, 2023, at 3:00 PM ET. A webcast of the presentation will be available here, with a replay accessible on their investor relations section shortly thereafter. Blade is dedicated to transforming air travel by using innovative technologies and aims to reduce congestion through efficient air transport solutions.
Blade Air Mobility (Nasdaq: BLDE) will present at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 1:00 PM ET. CEO Rob Wiesenthal will lead the presentation, with a webcast available HERE. The event will also have a replay on the investor relations page shortly after. Blade focuses on technology-powered air transportation, including helicopters and eVTOLs, aiming to alleviate congested routes while being environmentally friendly.
Blade Air Mobility, Inc. (Nasdaq: BLDE) announced its participation in two upcoming investor conferences. The Credit Suisse 26th Annual Technology Conference features a fireside chat with CEO Rob Wiesenthal on November 30, 2022, at 3:00 PM ET. A webcast will be available here.
Additionally, the Raymond James Technology Investors Conference will include a chat with CFO Will Heyburn on December 7, 2022, at 9:10 AM ET, with a webcast accessible here.