Joby completes acquisition of Blade's passenger business, gains key terminal network

Joby Aviation, Inc.

Acquisition includes Blade's established network of terminals in New York and Southern Europe.
Blade's passenger operations to continue as wholly-owned subsidiary led by CEO Rob Wiesenthal.
Deal positions Joby for faster commercial entry with its all-electric eVTOL aircraft.
No financial terms of the acquisition were disclosed.

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