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Aanchal Sugandh

Is BLDE Stock a Buy as Blade Air Mobility Rebrands?

Blade Air Mobility BLDE Medical

Blade Air Mobility (BLDE), the technology-driven air mobility platform, is set to enter a new chapter as its long-planned legal name change to Strata Critical Medical, takes effect this week. Effective yesterday, Aug. 28, the company will now operate under the new name, signaling a strategic shift toward medical and logistics services. 

And starting today, Aug. 29, its shares will trade on Nasdaq under the ticker SRTA, with warrants listed as SRTAW. The development follows the completion of the previously announced sale of Blade’s Passenger business to Joby Aviation (JOBY), a transaction valued at up to $125 million and announced on Aug. 4. 

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