Is it a bird? Is it a plane? No, it’s a flying car of the future, and this hydrogen-fuelled electric vertical takeoff and landing (eVTOL) vehicle is one step closer to becoming a reality.
Urban Aeronautics, behind the plans, on Tuesday (Sep 14) said it has raised the first $10m of a $100m funding round towards CityHawk from private investors in the US, Brazil and Israel.
The Isreal aerospace company says the car-sized, six-seater CityHawk has more in common with birds than with other eVTOL prototypes in existence.
With a distinct, wingless exterior and patented fully-enclosed Fancraft™ rotor system, CityHawk is mainly intended for commercial air charters and emergency medical services and is designed to take multiple trips within a city per day.
... to continue reading you must be subscribed