Doroni is looking to localize manufacturing for the H1-X personal electric vertical takeoff and landing (eVTOL) aircraft—its “go-to-market” vehicle—in Saudi Arabia. [Courtesy: Doroni Aerospace]
Key Takeaways:
Doroni Aerospace has secured an initial $30 million investment, with an additional $150 million pending, from Saudi Arabian firm Kingdom Aero Industries to fund the production of its H1-X personal eVTOL aircraft.
The funding supports plans to establish H1-X manufacturing facilities in Saudi Arabia, alongside existing U.S. operations, to cater to the Middle East and North Africa (MENA) market.
The H1-X is an intuitive, personal electric vertical takeoff and landing (eVTOL) aircraft designed for individual recreational use, utilizing carbon fiber composites and electric propulsion.
Doroni aims to certify the H1-X as a light-sport aircraft under the FAA's proposed MOSAIC rule, differentiating its certification pathway from other eVTOL air taxi manufacturers.
Updated March 14, 9:10 a.m. EST: Doroni’s initial agreement with Kingdom Aero, worth up to $30 million, has been signed and is no longer an MOU.
The developer of an aircraft that it describes as “so intuitive that a 4-year-old could fly it” is close to securing a major investment that could jumpstart production.
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Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.
