---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-25-000490"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:33:23.441479+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Joby to acquire Blade's passenger business for up to $125M; accelerates air taxi launch

## Summary
- Up to $125M total consideration: $80M at closing, $10M holdback, $35M earn-outs (EBITDA + retention).
- Acquisition includes Blade's 12 urban terminals (JFK, Newark, Manhattan heliports) and brand; 50,000 passengers in 2024.
- Blade CEO Rob Wiesenthal to remain leading business as a JOBY subsidiary; medical division renamed Strata Critical Medical.
- Joby becomes preferred VTOL partner for Blade's organ transport; transaction expected to close in weeks.
- Deal provides immediate infrastructure and customer base, reducing Joby's commercialization costs ahead of Dubai launch.

## SEC filing metadata
- accession: 0001819848-25-000490
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000490/0001819848-25-000490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000490/joby-20250801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-25-000490
- JSON: https://secwatch.observer/filing/0001819848-25-000490.json
- Plain text: https://secwatch.observer/filing/0001819848-25-000490.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.