Q3 2023 Financial Highlights
Blade Expects EVA to Catalyze Demand for Urban Air Mobility
Given anticipated lower costs, lower noise footprints, and zero emissions, Electric Vertical Aircraft are poised to enhance
Blade's business once certified and available for commercial service, which some manufacturers expect in 2024
Expected Benefits of EVA
Quiet
Safe
Emission
Free
Lower noise footprint will likely unlock new vertiports in
markets that have historically been reluctant to embrace
urban air mobility
Advanced design and rigorous certification process with
engine redundancy, fly-by-wire technology, and fewer
moving parts to ensure robust safety profile
Full battery-powered electric operation results in
sustainable flight with zero carbon emissions
BLADE
Fast
Lower
Cost
Anticipated cruising speeds up to 180 miles per hour
nearly 20% faster than traditional rotorcraft
Ultimately the combination of fewer moving parts and
automotive-grade manufacturing could lower the cost of
operation and ownership
Source: Public filing and management estimates
BLADE
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