Economic rationale / Business Model
Sales of Electric turbines
Sales of Urban Air mobility platforms
Future model: lease / rent of transport system time – Uber type based network for urban Air mobility
Project financing secured: EUR 10 million (50 %)
Financing source: Private
Existing or potential bottlenecks for the realisation of the project / Potential risks
Main bottleneck for Europe: Money availability for capital intensive infrastructure / hardware venture.
Competition: USA and China – starting to buy back through investment EU startups to pump-out our technologies.
technical bottleneck: Battery capacity to go beyond 500Wh/Kg.
legal bottleneck: Air regulation and Air insurance to be adapted to urban air Mobility systems
Project additional information
We have now 25kg MTOW platform flying and we expect to reach 150Kg by the end of 2019.
Systems are already sold and in test in the US and Canada.
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