Bladed receivers use conventional receiver tube-banks rearranged into bladed/finned structures, and offer better light trapping, reduced radiative and convective losses, and reduced tube mass, based on the presented optical and thermal analysis. Optimising for optical performance, deep blades emerge. Considering thermal losses leads to shallower blades. Horizontal blades perform better, in both windy and no-wind conditions, than vertical blades, at the scales considered so far. Air curtains offer options to further reduce convective losses; high flux on blade-tips is still a concern.