Imagine a cleaner, faster and affordable transportation alternative for people living in congested urban areas. While this might sound like the same pitch made by dozens of other companies, Detroit-based Aviation Experience Technologies (ASX) just announced a campaign to raise seed money for full-scale eVTOL development, testing, and certification of an electric vertical takeoff and landing tilt-wing (eVTOL) aircraft affectionately dubbed MOBi-One. The effort will support Uber Technologies Urban Air Mobility program, UberAir and aims to produce and operate fleets of safe and reliable aircraft that will make smart cities even smarter, vastly reduce commute times and all while producing zero operational emissions .
ASX Launches Seed Funding Effort to Build Urban eVTOL
Key Takeaways:
- Aviation Experience Technologies (ASX) is raising seed funding for its MOBi-One eVTOL aircraft, aiming to offer a cleaner, faster, and affordable urban transportation alternative, including support for UberAir.
- The MOBi-One aircraft is designed with zero-emission electric propulsion, an estimated 100-mile range, and a 150 mph cruising speed, capable of drastically reducing commute times.
- ASX has successfully built and flight-tested five subscale concept vehicles, demonstrating optimized controls and vertical/plane mode flight.
- The company plans to begin full-scale production and FAA certification, targeting cargo deliveries by 2023 and passenger service by 2024.
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