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flag Joby Aviation acquires Blade's passenger helicopter business for up to $125M to boost electric air taxi plans.

flag Electric aircraft company Joby Aviation is set to acquire Blade's passenger helicopter taxi business for up to $125 million, with $35 million dependent on performance milestones. flag The deal, scheduled to close in Q3 2025, aims to accelerate Joby's electric air taxi services launch in Dubai and globally. flag Joby will integrate its software to improve operations, while Blade's non-passenger medical division remains separate.

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