On Tuesday, Green Taxi, Inc, (GTI) announced it has acquired an OEM patent for its electric air taxi technology that the company says can greatly reduce fuel use.
GTI, based in Dallas, Texas, has been working with aviation industry powerhouses L3 Technologies, Honeywell and Safran to develop the technology. On Tuesday, the company also announced the hiring of key team members who have been involved in the project and the acquisition of intellectual property from L3 and Honeywell.
