Blade, one of the leading aerial mobility operators, has announced it will acquire Trinity Air Medical next week for a price of $23 million USD. The acquisition unlocks a niche vertical for revenue for Blade as they feel out various use cases for aerial mobility. Trinity, a nationwide, multi-modal organ logistics and transportation company, has extensive experience with its clients and has a unique opportunity to partner with Blade.
Trinity will fit into Blade Aerial Mobility as its own vertical called ‘Blade MediMobility’, with Seth Bacon and Scott Wunsch of Trinity becoming CEO and COO, respectively.
“Trinity’s long-term relationships with organ procurement organizations and transplant centers are a testament to their high-touchpoint approach to organ air transportation, providing seamless solutions for their clients, a perfect fit with Blade’s culture of 24/7 availability and mission redundancy,” said Rob Wiesenthal, Blade’s Chief Executive Officer. “Trinity’s end-to-end services integrate air missions with ground transport. Given the existence of landing pads at most hospitals today, we have the ability to immediately replace Trinity’s ambulances with helicopters on certain hospital-to-hospital missions, while preparing for a transition to both existing ‘last-mile’ cargo drones as well as Electric Vertical Aircraft, as soon as they become available.”
“Recent advances in organ preservation technology have resulted in consistently increasing demand for point-to-point organ air transport over longer distances,” said Seth Bacon, CEO of Trinity. “Blade’s scale in air transport missions coupled with their aerospace manufacturer relationships position us to continue expanding share in today’s growing market, while laying the groundwork to deploy forthcoming drone and Electric Vertical Aircraft technology, which will reduce transit times and improve patient outcomes.”
“We are already working hand-in-hand with Blade’s MediMobility team on organ air transport missions,” said Scott Wunsch, COO of Trinity. “We look forward to implementing best practices from both organizations, which I am confident will result in faster, more efficient and more cost-effective service for our collective client base.”
Why it matters: Aerial mobility technology offers opportunities for operators like Blade to build out a multitude of business segments. With the coming advent of autonomous UAS activity, Blade could even be able to deliver organs without the need for a pilot. Efficient organ air transportation, although complex, offers the medical industry an opportunity to deliver organs to patients in need quieter, cleaner, and more quickly than ever before.