Pegasus Universal, a Pretoria, South African-based aerospace company debuted a six-foot by six-foot model of a vertical takeoff and landing aircraft – called Pegasus One – at this week’s European Business Aviation Convention and Exposition (EBACE) in Geneva, Switzerland.
Pegasus Universal Unveils VTOL BizJet
Key Takeaways:
- South African aerospace company Pegasus Universal debuted a model of its "Pegasus One" vertical takeoff and landing (VTOL) business jet at EBACE.
- The all-composite aircraft is designed to carry up to eight passengers at a cruise speed of 430 knots, offering a range of up to 2,400 nm.
- Pegasus is seeking $400 million in investment to bring the aircraft to market and plans a European demonstration tour in 2020 to attract interest.
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