Maker of $1 million flying motorbike prepares for IPO in Japan

The US$777,000 (S$1.1 million) single-person transporter can hit a max speed of 80kmh and travel up to 40 minutes per charge. 

TOKYO (BLOOMBERG) – A former Merrill Lynch derivatives trader with a passion for Star Wars is preparing to take his flying motorbike start-up public in Japan.

Tokyo-based ALI Technologies was founded by Mr Shuhei Komatsu as a drone maker in 2016 before moving on to more ambitious ventures, opening sales of its Xturismo Limited bike in October. The US$777,000 (S$1.1 million) single-person transporter can hit a maximum speed of 80kmh and travel up to 40 minutes per charge, according to the company.

The motorbike has so far largely figured as a curio at public events such as a recent baseball game, but ALI president Daisuke Katano said there is strong interest in it from Middle Eastern nations.

“The need for these bikes will be higher in places with desert or other difficult terrain,” Mr Katano said in an interview. “The vehicle will enable people to travel where roads are bad and inaccessible to cars, as well as across bodies of water.”

The company has selected lead underwriters for an initial public offering (IPO) on Tokyo’s Mothers market for start-ups in what will be the country’s first debut of its kind. It is presently engaged in discussions with the Tokyo Stock Exchange, Mr Katano said, declining to specify an estimated valuation or a timeline for the offering.

Flying personal vehicles have been the stuff of science fiction for decades before Star Wars, which featured a famous racing scene with pods zooming along close to ground level.

Continue reading… “Maker of $1 million flying motorbike prepares for IPO in Japan”

Concorde has nothing on a plane being developed in Houston

By Barbara Schwarz

Venus Aerospace is a team of literal rocket scientists and they are developing a hypersonic aircraft that enables one hour travel anywhere in the world. It takes off and lands like a regular jet. But once it’s over water and is at 35,000 feet, the rockets kick in.

Venus CEO and co-founder Sassie Duggleby says; “It boosts to the edge of the atmosphere where you are traveling at 170,000 feet at Mach 9 and cruise across the world, coming down on the other side. Los Angeles to Tokyo in one hour.”

Duggleby says you cannot fire off the rocket attached to the aircraft right off the bat because rockets are incredibly loud.

“If you’ve ever been around a rocket that takes off, it makes an incredible amount of noise,” Duggleby said. “They break windows five miles away. There are issues with sonic booms over land so initially, we would have to be out over water.”

Any big body would do, including the Gulf of Mexico close to the company’s hometown of Houston.

Continue reading… “Concorde has nothing on a plane being developed in Houston”

How a jetpack design helped create a flying motorbike

The Speeder is powered by four small jet engines

By Ben Morris

At around the age of 12, David Mayman tried to build a helicopter out of fence posts and an old lawn mower.

Needless to say, it did not go well. His contraption didn’t fly and he was made to fix the fence.

“I was brought up in a way that I guess challenged me scientifically… I was always told that nothing’s impossible,” he says.

Perhaps he got a bit ahead of himself during his childhood in Sydney, but as an adult Mr Mayman, has built innovative machines that really do fly.

After selling his online listings business Mr Mayman developed a jetpack, which in 2015 he flew around the Statue of Liberty.

Continue reading… “How a jetpack design helped create a flying motorbike”

The technology behind ZEVA’s plan to put an eVTOL in every garage

ZEVA plans to certify the Zero eVTOL as an experimental-class aircraft with the U.S. Federal Aviation Administration (FAA) within the next six months, placing it in the same company as kit planes. 

Stephen Tibbitts comes across as the antithesis of a maverick Silicon Valley CEO. The mild-mannered, soft-spoken chief executive of ZEVA has the even keel of a college professor as he explains his plans for the ZEVA Zero, a disc-shaped eVTOL his tech startup is developing in Tacoma, Washington.

He is not brash or bombastic. There is no hint of Elon Musk or Steve Ballmer-style showmanship. But his ambitions for the Zero are not small.

“I think eVTOL represents the largest opportunity of our lifetimes,” said Tibbitts, speaking over Zoom. “Bill Gates [predicted] a computer on every desk. We’re saying a ZEVA in every garage. That’s our goal.”

After about four years of development, that goal appears to have taken a leap forward. In early January, a full-sized prototype of the ZEVA Zero achieved its first untethered, powered, test flight.

Its eight zero-emission, electric-motor-driven propellers lifted the disc — 8.5 feet in diameter — into a steady hover, then smoothly maneuvered forward several meters before launching high over a grassy field in Washington’s rural Pierce County.

“I feel ecstatic, super proud of the team and our accomplishment,” Tibbitts said. “And hopefully, that’ll help us really get out of the starting blocks. We need to raise a significant amount of money to get through transition flight and certification and get it into production.”

Continue reading… “The technology behind ZEVA’s plan to put an eVTOL in every garage”

China unveils new 7,000mph ‘winged rocket’ hypersonic plane that could fly from New York to Beijing in ONE HOUR

By Tariq Tahir

PLANS for hypersonic plane capable of flying between Beijing and New York in an hour have been unveiled by a Chinese company.

The “rocket with wings” is being designed to fly at an astonishing 7,000mph and tests are reportedly due to begin next year.

Scientists hope it will be ready to take to the air by 2024.

The futuristic plane is being developed by Space Transportation, which hopes to conduct a full point-to-point flight by the end of the decade, reports

A video released by the company shows the plane detaching from the wing powered by rockets after take-off, before continuing to its destination.

Meanwhile, the wing and boosters then land back on the launch pad.

When it arrives, the plane will land using three legs that unfold from the rear.

The company boasts it will be able to link New York with the capital of China in just an hour.

“We are developing a winged rocket for high-speed, point-to-point transportation, which is lower in cost than rockets that carry satellites and faster than traditional aircraft,” the firm told Chinese media.

Continue reading… “China unveils new 7,000mph ‘winged rocket’ hypersonic plane that could fly from New York to Beijing in ONE HOUR”

This drone flies using da Vinci’s 530-year-old helicopter design

Leonardo’s aerial screws actually can work when built with modern materials, University of Maryland engineers find with a drone called Crimson Spin.

By Stephen Shankland

In the late 1480s, Leonardo da Vinci sketched out a clever design for a one-person helicopter propelled by an “aerial screw.” You may have seen his drawings and wondered whether one of the choppers could ever take flight. 

Now we know the answer. The Italian genius was right. 

Starting in 2019, a University of Maryland engineering team designed and tested the underlying technology as part of a design contest. Then over the last year and a half, team member Austin Prete built Crimson Spin, an unmanned quadcopter drone using da Vinci’s screwlike design, and flew it on several brief journeys.

Continue reading… “This drone flies using da Vinci’s 530-year-old helicopter design”

Elroy Air unveils autonomous, hybrid-electric VTOL cargo aircraft – Chapparal

The craft’s USP is its end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.

San Francisco-based Elroy Air, on Wednesday, unveiled its pre-production aircraft model – the Chapparal – fitted with the autonomous aerial cargo system. The craft’s USP is its end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.

With this system in place, the Chaparral can autonomously pick up cargo in the weight range of 300-500 lbs and deliver it by air up to a distance of 300 miles. Also Read – Wingcopter and UAV LATAM team up for drone delivery operations in Peru David Merrill, Elroy Air co-founder and CEO, said, “The Chaparral is a first-of-kind autonomous air cargo system that builds on more than 100 years of American aviation and aircraft development history.”

Explaining how the Chaparral can transform the future of express logistics, Merril said, “It is built for full end-to-end automation, and will efficiently enable express shipping in thousands of new areas. Essentially, it is a delivery drone that’s faster than ground transport and lower cost than conventional aircraft.” Also Read – Volatus secures first production delivery slot for the Natilus Large Remotely Piloted Cargo Drone Clint Cope, co-founder and president of Elroy Air, said, “We have designed an aircraft that behaves like a hybrid between a rough-and-ready helicopter and a battle-hardened bush plane. It can pick up cargo anywhere with a 50 square foot landing area. The Chaparral will be a vital logistics link for people around the world with unreliable roadways and in remote and rural areas that take longer to reach today.”

Continue reading… “Elroy Air unveils autonomous, hybrid-electric VTOL cargo aircraft – Chapparal”

World’s First Commuter Electric Plane Is Preparing for Maiden Flight

The prototype e-plane, named Alice, can accommodate nine passengers and two crew members.

By Sissi Cao 

The world’s first all-electric “commuter” plane, Alice, made by Israeli company Eviation, is preparing for its first test flight at an airport near Seattle.

A prototype of Alice was spotted on Monday at Arlington Municipal Airport north of Seattle, Washington, where it performed engine tests in preparation for a high-speed taxi test.

Alice made its first public appearance at the Paris Air Show in 2019. Eviation claimed the electric aircraft could reduce maintenance and operating costs by up to 70 percent compared with commercial jets. The latest iteration of Alice features a fly-by-wire system made by Honeywell and boasts a range of 440 nautical miles and a maximum cruise speed of 250 knots.

Alice’s “commuter” configuration can accommodate nine passengers and a crew of two. The plane can also be transformed into an “executive” configuration, designed for fewer people in business class-like seating, and a “cargo” configuration that offers a 450-cubic-foot, temperature-controlled cargo bay.

Eviation CEO Omer Bar-Yohay told FLYING magazine on Monday that Alice was only “five to six [nice weather] testing days away from starting the flight campaign.”

Eviation took Alice for a low-speed taxi test on December 17, the same date 118 years ago when the Wright Brothers test flew their first airplane. Bar-Yohay posted a video of the test on Twitter the next day and wrote, “December 17th, 1903 was a historic day as the Wright Brothers changed the world forever with the first powered flight. We just taxied Alice yesterday…no big deal.”

Continue reading… “World’s First Commuter Electric Plane Is Preparing for Maiden Flight”

How This Hydrogen-Powered Aircraft Could Kickstart Zero-Carbon F1 Racing

Maca’s Carcopter S11, shown at CES, will be the only air racer powered by hydrogen fuel cells. The company says it’ll be race-ready in 2023. 


Racers, start your fuel cells!

The hydrogen-powered Carcopter S 11 may be slow out of the gate compared to some of its competitors, but it has definitely joined the sprint to become the first alternative-powered VTOL racer. Competitor Alauda not only has a working full-scale prototype of its Airspeeder, it has already staged a short drag contest between two remotely controlled models, establishing itself as the early frontrunner to create a zero-carbon F1 type circuit.

But French company Maca announced its plans for the Carcopter a year ago, and showed off a one-third scale model last week at CES.

Continue reading… “How This Hydrogen-Powered Aircraft Could Kickstart Zero-Carbon F1 Racing”

H2 Clipper Will Resurrect Hydrogen Airships to Haul Green Fuel Across the Planet

By Edd Gent

Airships might seem like a technology from a bygone era, but a startup says their new design could become a crucial cog in the green hydrogen supply chain.

While transitioning away from fossil fuels will prove crucial in our efforts to combat climate change, it’s easier said than done for some industries. While road and rail transport are rapidly electrifying, in aviation, batteries are a long way from being able to provide the weight-to-power ratio required for aviation. And even the largest batteries are still not big enough to power a container ship on long-distance crossings.

Hydrogen is increasingly being seen as a promising alternative for these hard to decarbonize sectors. It has a higher energy density than natural gas and can either be burned in internal combustion engines or combined with oxygen in a fuel cell to create electricity.

While much of today’s hydrogen is derived from natural gas and therefore not much better than fossil fuels, in theory you can also make it by using renewable electricity to power electrolyzers that split water into hydrogen and oxygen. Producing green hydrogen economically is still a huge challenge, but there are hopes that it could help wean hard to electrify sectors off polluting fossil fuels.

But transporting hydrogen remains a sticking point: Areas that are abundant in renewable energy such as sun and wind are not always close to where the hydrogen is needed. Shipping large amounts of the gas around the world will clearly be a major logistical challenge, but a start-up called H2 Clipper has an ingenious workaround.

Continue reading… “H2 Clipper Will Resurrect Hydrogen Airships to Haul Green Fuel Across the Planet”

Archer’s Maker eVTOL performs first hover flight


Archer Aviation’s electric vertical take-off and landing (eVTOL) demonstrator Maker has completed its first hover flight, marking the company’s first full and complete systems validation.  

“The past six months have been an incredible journey, from unveiling Maker to watching it take its first flight,” said Brett Adcock, Archer co-founder and co-CEO. “It’s been humbling to build a leading eVTOL company and educate the public on clean transportation alternatives.” 

Archer’s Maker demonstrator is an autonomous two-seater eVTOL vehicle that has been certified for flight testing by the United States Federal Aviation Administration (FAA). The next step is to test Maker’s capabilities of forward flying. 

Continue reading… “Archer’s Maker eVTOL performs first hover flight”

Zuri’s Hybrid VTOL Nailed Its First Hover Flight, It Boasts a Range of 447 Miles

By Cristina Mircea

It started in 2017 with a simple sketch and three years later, an experimental aircraft was born. Now, Czech Republic-based manufacturer Zuri releases a video with the first hover test of its hybrid VTOL (vertical take-off and landing) flying machine. 7 photos

Zuri carried the test back in September, but it only shared the video now, boasting of achieving a true milestone in developing its aircraft.

The VTOL with a wingspan of 36 ft (11 m) took off and achieved its first hover flight at an airport near Zbraslavice. Even though it was just a short hover up to 9.8 ft (3 m) altitude, it was still a great opportunity for the team to measure several performance parameters of the motors and control systems, parameters they couldn’t obtain during the aircraft’s ground performance tests.

Continue reading… “Zuri’s Hybrid VTOL Nailed Its First Hover Flight, It Boasts a Range of 447 Miles”