Joby Stock Flies On Blade Deal And Military Edge In Race To The Future
1. Joby announced acquisition of Blade's passenger business for $125 million. 2. Acquisition facilitates entry into urban markets with established customer base. 3. Partnership with L3Harris to develop military VTOL aircraft. 4. Joby stock soared nearly 100% over the past month amid positive investor sentiment. 5. Flight testing for new hybrid aircraft expected this fall, with demonstrations in 2026.