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ASX Launches Seed Funding Effort to Build Urban eVTOL

ASX says 2,500 MOBi-Ones could be flying by 2025. Courtesy ASX
Gemini Sparkle

Key Takeaways:

  • Detroit-based Aviation Experience Technologies (ASX) is seeking seed funding for the full-scale development, testing, and FAA certification of its MOBi-One eVTOL aircraft.
  • MOBi-One is an electric vertical takeoff and landing tilt-wing aircraft designed to provide cleaner, faster, and more affordable urban transportation, aiming to reduce commute times and achieve zero operational emissions for programs like UberAir.
  • The funding will support building prototypes and the certification process, with ASX planning to begin cargo deliveries by 2023 and passenger service by 2024, leveraging prior successful subscale flight tests.
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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 .

Rob Mark

Rob Mark is an award-winning journalist, business jet pilot, flight instructor, and blogger.

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