Volocopter Reveals Plans to Launch Singapore Air Taxis by 2024
Electric vertical takeoff and landing (eVTOL) developer Volocopter revealed a detailed plan this week to launch an urban air mobility (UAM) ecosystem in Singapore as soon as 2024.
Volocopter envisions eVTOL flights for Singapore commuters and business travelers by 2030. [Courtesy Volocopter]
Key Takeaways:
Volocopter plans to launch an urban air mobility (UAM) ecosystem in Singapore as early as 2024, starting with sightseeing flights and expanding to business and commuter services, including cross-border routes to Indonesia and Malaysia, by 2030.
This initiative is projected to generate S$4.18 billion ($3.1 billion USD) and create up to 1,300 local jobs, with plans for four to six "VoloPorts" by 2030.
Volocopter is also partnering with Singaporean officials to study the feasibility of establishing eVTOL manufacturing and maintenance, repair, and overhaul (MRO) facilities in the country.
The Singapore announcement further highlights Volocopter's strategic focus on the Asian market, following previous engagements and plans in Japan, South Korea, and China.
Electric vertical takeoff and landing (eVTOL) developer Volocopter revealed a detailed plan this week to launch an urban air mobility (UAM) ecosystem in Singapore as soon as 2024.
The announcement is the latest signal that the Germany-based company continues to view Asia as a key market in the emerging eVTOL industry.
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Thom is a former senior editor for FLYING. Previously, his freelance reporting appeared in aviation industry magazines. Thom also spent three decades as a TV and digital journalist at CNN’s bureaus in Washington and Atlanta, eventually specializing in aviation. He has reported from air shows in Oshkosh, Farnborough and Paris. Follow Thom on Twitter @thompatterson.