New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

UK startup to build flying taxi hubs in 65 cities

New York Tech Editorial Team by New York Tech Editorial Team
January 22, 2022
in Startups & Leaders
0
UK startup to build flying taxi hubs in 65 cities
Share on FacebookShare on Twitter

This article was originally published by Christopher Carey on Cities Today, the leading news platform on urban mobility and innovation, reaching an international audience of city leaders. For the latest updates, follow Cities Today on Twitter, Facebook, LinkedIn, Instagram, and YouTube, or sign up for Cities Today News.

UK start-up Urban-Air Port (UAP) has announced plans to establish 200 hubs for flying taxis and cargo drones across 65 cities globally over the next five years.

The firm is set to launch its first ‘vertiport’, dubbed the “worlds smallest airport”, in Coventry in April, and says a “significant investment” from Hyundai Motor Group’s urban air division Supernal will enable expansion to further sites.

“We have a variety of locations identified with our clients, customers and strategic partners – these will be announced in the weeks and months ahead, both across the UK and around the world,” Ricky Sandhu, Founder and Executive Chairman of UAP, told Cities Today.

Bases are planned for the UK, US, France, Germany, Scandinavia, Australia, South Korea and Southeast Asia, with Los Angeles and London already confirmed as future sites.

Expansion

The eVTOL (electric vertical take-off and landing) flying taxi market has expanded rapidly over the past five years, with further growth expected.

A report by market research firm Frost & Sullivan predicts that by 2040 there will be 430,000 such vehicles in operation around the world.

But in order for eVTOLs to be deployed commercially at scale, three core aviation regulatory approvals are required in most jurisdictions: type certification, production certification, and operational authorities.

These involve the regulatory approval of the airworthiness of a particular manufacturing design and certification to allow the mass production of a particular eVTOL. Additional operational requirements and authorisations for commercial operations are required.

In the US, the Federal Aviation Administration (FAA) is currently working to adapt existing aviation regulations to accommodate eVTOLs, while in Europe the European Union Aviation Safety Agency (EASA) is developing draft regulations and a new certification framework through a series of key building blocks.

But the adoption of full certification to operate ‘air-taxis’ that transport passengers on a commercial scale is still very much in its early stages.

Drones

In comparison, the use of unmanned delivery drones has been developing at a more rapid pace, and the incorporation of more heavy-duty models is increasingly being viewed as a potential solution to reducing road congestion in cities.

“Regulatory authorities around the world are working with us to realise the benefits of advanced air mobility from an infrastructure-to-infrastructure network capability,” Sandhu added.

“We are collaborating closely with UK’s Civil Aviaiton Authority for Air-One, where we will see for the first time a heavy lift drone with a MTOW (Maximum Take Off Weight) that is in excess of 125kg operating within a significantly built up area in downtown Coventry.”

Last year the firm was awarded £1.2 million (US$1.64 million) through the UK government’s Future Flight Challenge to develop the project.

The trials will be hosted at Coventry’s Ricoh Arena, a sports and exhibition venue on the outskirts of the city.

Credit: Source link

Previous Post

PayPal: Time To Buy The World-Leading Fintech (NASDAQ:PYPL)

Next Post

6 Ways to Nail Your Fintech Product Launch

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
6 Ways to Nail Your Fintech Product Launch

6 Ways to Nail Your Fintech Product Launch

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026
graphic of Next-Gen Entrepreneurs event

Leadership, Judgment, and Innovation: A Post-Event Conversation with Dr. Fang Miao

May 21, 2026
Arito founding team

Arito AI Raises $6 Million To Bring Agentic Intelligence To Finance And Revenue Teams

May 20, 2026
Viewz founding team

Viewz Raises $7M to Retire the Finance Stack as We Know It

May 19, 2026

Recommended

three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026
graphic of Next-Gen Entrepreneurs event

Leadership, Judgment, and Innovation: A Post-Event Conversation with Dr. Fang Miao

May 21, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit Israel israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media