Research commissioned by Horizon Aircraft suggests near-future UAM market advancements and the development of new jobs, with Canada, China and the U.S. predicted to have the most advanced eVTOL markets.
Urban air mobility operational by 2025, say experts
LONDON, 2 hours, 1 minutes ago The first commercial urban air mobility passenger routes will be operational by 2025, according to 56% eVTOL (electric vertical takeoff and landing) professionals, said Horizon Aircraft, an advanced aerospace engineering company. A further 15% think this will happen between 2026 and 2029, and only 25% think it will happen after 2030, it added. The research was commissioned by Horizon Aircraft that has developed the Cavorite X5, the world’s first eVTOL that can fly the majority of its mission exactly like a normal aircraft. In terms of which countries will have the biggest and most advanced eVTOL markets by 2030, respondents predicted Canada, China and America would be the top three.
Urban air mobility market investment to hit $2b issacjohn@khaleejtimes.com Filed on April 26, 2021
The research reveals that over the next three years, 62 per cent of private equity and venture capital professionals expect to see an increased use in special purpose acquisition companies, to buy, invest or raise funds for eVTOL companies. File photo
Around $900 million was invested in the urban air mobility market in the first six months of 2020, but new research with senior private equity and venture capital professionals reveals 59 per cent expect over $2 billion will be invested in the sector this year
Investment in Electric Vertical Take-off and Landing (eVTOL) aerial vehicle technology is expected to hit $2 billion in 2021 with several advanced cities in the world, including Dubai, setting sight on launching air taxi services by next year.
Astro Aerospace Ltd.: Astro Aerospace Sponsors Leading SPAC, Parsec Capital Acquisitions Corp.
Dallas, Texas (Newsfile Corp. - April 21, 2021) - Astro Aerospace (OTCQB: ASDN) (
Company or
Astro ), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today its sponsorship of Parsec Capital Acquisitions Corp. (
Parsec ), an emerging SPAC investing in businesses within the space economy, technology and transport industries. Last month, Parsec CEO and Board member Patricia Trompeter was appointed to Astro s Board of Directors. The Parsec sponsorship is a huge development in driving Astro s mission to introduce greater environmentally and economically sustainable solutions to the aerial vehicle industry.
Parsec Capital Acquisition Corp : Parsec Capital Acquisitions Corp Gains Sponsorship from Astro Aerospace finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.