StartupTalky

Tag: air taxi

  • Aerovest Private Jet Charter Plans An initial Seed Fund Raised in Q1 2023

    Aerovest is a newly launched private jet charter company that will start operations in Q1 2023 initially as a broker with the intention of becoming a broker operator. With the use of innovative technology and planet-saving green air mobility, Aerovest will be uniquely positioned to disrupt the private air mobility industry in a period of record demand. The company is preparing for its initial fundraising to take place in the first half of 2023 of which the funds will be used to navigate the highly regulated aviation industry licensing process.

    Launching in Q1 2023 as a new-age broker in the market, Aerovest will very quickly transition up into a broker operator with multiple revenue streams. Plans to create the UK’s first on-demand app for private air mobility, Aerovest will be the first company in the UK to be able to fly from smaller private airfields, increasing arrival and departure locations significantly when compared with competitor operators.

    With a strategic phased approach for growth, the company is setting out to disrupt the UK, European and US private air mobility market in the coming years by offering cost-effective luxury travel primarily targeted towards Millennials and GenZers.

    With a private jet market forecasted to be worth US$126 billion by 2035, Aerovest expects to supercharge growth within this exceptional market.

    Why Choose Aerovest for Your Private Jet Charter?

    Private aircraft charters are becoming increasingly popular among high-earning professionals, celebrities, millennials and genZers who must get from point A to Point B with minimum effort, the most possible comfort and in the shortest possible time.

    The company plans to develop an omnichannel booking platform enabling travellers to book charter flights on demand and experience the instant customer service that is expected amongst the new generations.

    Paul Allen, Founder and CEO of the company has used his extensive experience in the technology sector and passion for aviation to lead the building of the Aerovest booking platform. The company has identified cost-efficient and planet-saving aircraft for the Aerovest fleet providing travellers with the luxury of a private jet whilst being highly competitively priced and generating up to 74% fewer carbon emissions.

    Enjoy Private Aircraft Rental Without The Hassle

    The Aerovest booking platform proposes to provide travellers with a simple solution that enables customers to book a private jet rental via a mobile or web app. The platform allows customers to choose aircraft capacity, dates and times from the company’s fleet of aircraft, as well as access to an entire network of private aircraft around the globe.

    Additionally, the site has impeccable customer support, ensuring that all of your needs are met and any questions or concerns regarding their private jet rental are addressed promptly.

    With Aerovest, you can experience the luxury and convenience of private aircraft rental without the hassle of traditional booking methods. It’s and elegant way to travel.

    Aerovest Provides Air Charter Services Worldwide

    The travel industry is changing, and it’s about time private jet charter operators changed with it! Aerovest is planning to expand into a global business initially targeting the UK and Europe, quickly followed by expansion plans to hit the North American market.

    Travellers utilising Aerovest’s services will be given access to an entire network of private aircraft around the globe. As passenger numbers increase, the demand for private air transportation services increases. With more and more airlines no longer flying into regional airports post-covid, a private jet charter is crucial from a consumer standpoint enabling travellers to get closer to their final destination without the hustle and bustle of crowded commercial airports.

    Aerovest has identified the world’s greatest single-engine performance aircraft for its future fleet, manufactured by Swiss company Pilatus, the aircraft will allow customers to access nearly triple the amount of private airports across the globe whilst eliminating up to 74% of carbon emissions when compared to other operators in the same category.

    Company’s Ecosystem

    Aerovest is supported by a business ecosystem that will help reduce the cost of private air transportation services to the end user.

    This ecosystem, in addition to its planned fleet of planes, includes aircraft operators and air taxi companies that provide aircraft for charter, as well as ground handling services, and luxury passenger check-in facilities at airports across the globe.

    The company is now encouraging people to register for updates about when the service and fundraiser go live in 2023.

    Don’t miss out on this exciting opportunity and learn more by registering your interest here on their website: https://aerovest.co.uk/investors/ or send a message to investors@aerovest.co.uk.

    Disclosure Statement: This document is Not a public solicitation nor a request for investments in the U.K. or the U.S.A. The document is being distributed as an infomercial only.

  • Who is leading the Air Taxi Startup Race in India

    There is a huge increase in population in India. The increase in population has led to an increase in the traffic in the metro cities in the country. The top cities in the country were ranked in the top positions for the highest traffic worldwide.

    To bring a solution to this huge traffic and the delay caused because of that various startups have been working towards building Air Taxis. Let’s look at some of the Air Taxi startups in India.

    UDAN Scheme Air Taxi Service
    Ubifly Technologies
    IIT Kanpur Air Taxi
    Uber Air Taxi
    Vinata Aeromobility
    Conclusion
    FAQ

    UDAN Scheme Air Taxi Service

    India’s first Air Taxi service was first launched at the Chandigarh airport. It was inaugurated on 14 January 2021 by the Chief Minister of Haryana Manohar Lal Khattar. The Air Taxi service is launched under the UDAN scheme of the Central Government.

    Airports Authority of India had tweeted on their official Twitter handle saying that India’s first Air Taxi flight was flagged off by the Chief Minister of Haryana as part of their Inauguration. They added that the flight will operate under the Regional Connectivity Scheme RCS-UDAN.

    The Chief Minister of Haryana said that this is the first time in the country that a small aircraft is used for services in the form of an Air Taxi.

    The Air Taxi can carry one pilot and three passengers. The Air Taxi has the lightest plane which has a twin-engine in the world. Its weight is 760 kg. The aircraft uses a standard 92 octane petroleum which is different from the normal flights which use Aviation Turbine Fuel (ATF).

    The aircraft can travel at a range of 742 Nautical Miles. The services can be availed at INR 1,755 per seat. The main objective of the aircraft is in line with the government’s aim to connect the Tier 1 and Tier 2 cities with the metro cities of the Country.

    A subsidy is provided by the government to the airlines per seat to provide better connectivity to the smaller towns. As per the reports the airline will cover around 26 routes under Regional Connectivity Scheme (RCS) UDAN.

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    Ubifly Technologies

    Ubifly technology is a Chennai-based startup that is working on developing e-planes in the country. Ubifly Technologies Private Limited was founded in the year 2016. The company is commonly known as the e-plane company.

    It was founded by Satyanarayanan Chakravarthy and Panjal Mehta. The Startup is concentrated on developing electric planes and unmanned aerial vehicles (UAV). The main aim of the startup is to bring a new definition for intracity travels and their products focus on short-distance intracity travels.

    Pranjal Mehta(Left) with Prof.Satyanarayanan
    Pranjal Mehta(Left) with Prof.Satyanarayanan

    The company is trying to build a hybrid mix of drones and electric airplane technology. The vehicle will take off and land similar to the drone but will move forward in the air like an airplane.

    The Startup has already designed three UAV models, Ek Hanz which will be used for delivering goods and services, Scout which is for security and surveillance, Vayu which will be a hybrid autopilot e-plane.

    The company will develop a two-seater air taxi which will be called as e200.

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    IIT Kanpur Air Taxi

    IIT Kanpur had signed a Memorandum of Understanding (MOU) with VTOL Aviation India Pvt. Ltd. The deal is worth INR 15 crore. VTOL Aviation India Pvt. Ltd is an Indian private aviation company. The MOU is for building prototypes that will be operational and will be used as flying taxis.

    The project is expected to be completed by 2023 where over 100 researchers from IIT Kanpur are working towards developing a fully functional prototype.

    According to the deal, the researchers will first conduct a test to identify the feasibility of the project. This is to understand the key technological areas of the project and the rest of the project is expected to be completed by 5 years.

    Ajay Ghosh who is the head of the Aerospace Engineering and the Flight Lab at IIT Kanpur has said that there will be more than 100 students working on the project in the coming years.

    The researchers will work on developing the aircraft based on VTOL technology that is vertical takeoff and landing. They are working towards building an electric aircraft to promote clean energy and sustainability.

    Uber Air Taxi

    Uber is working on developing an aircraft based on e-VTOL that is electric vertical take-off and landing. These are considered to be cleaner, cheaper, and safer than helicopters. Uber Elevate is working towards developing aerial ridesharing with Uber Air and is expected to take off in 2023.

    Uber Air taxi Prototype
    Uber Air taxi Prototype

    In 2020 it was announced that Joby Aviation will acquire Uber Elevate. Both the parent companies have agreed to integrate their services into each other’s app.

    Uber had announced that Dallas and Los Angeles as the two cities to begin their Air Taxi and Melbourne, Australia as its first international city to move forward with its expansion.

    Uber has also said that it has shortlisted 5 countries other than the US to expand its Air Taxi services which include Japan, India, Australia, Brazil, and France.

    Vinata Aeromobility Model

    Vinata Aeromobility

    Vinata Aeromobility is developing a Full Autonomous Hybrid Flying car through Advance Aeromobility by using combined technology of quadcopter VTOL hybrid power urban air mobility systems and integrated electric power 4 wheel drive motor with advanced aerospace engineering cutting edge technologies.

    According to Yogesh Ramanathan, Founder, and CEO of Vinata Aeromobility, the company is hoping to perform flight trials of their Hybrid-electric Flying car by 2023 and make it available for Commercial flights by 2025.

    It can fly at a speed of 100 to 120 kilometers per hour and can carry two passengers at the same time, with a maximum flight time of 60 minutes at a maximum height of 3,000 feet.

    Conclusion

    Other than these some more companies are working towards the Air Taxi services around the globe which include Vertical Aerospace, Hyundai’s helping hand, a joint venture between the Boeing company and Kitty Hawk Corporation.

    FAQ

    What does Air Taxi mean?

    Air taxis are small commercial airplanes used for short flights between localities.

    Which company is going to start a drone air taxi service in India?

    Malaysian budget airline AirAsia is planning to launch a flying-taxi business as soon as next year.

    Does Dubai have a flying Air taxi?

    Dubai has one of the first major projects of Air taxis, The Autonomous Air Taxi (AAT) is an 18-rotor drone taxi. The company claims to be the world’s first ‘self-flying taxi service’.

  • What is Larry Page doing these days? – All startups Larry Page is working on

    Larry Page is one of the world’s richest men and is well known for his company Google. Larry Page was the co-founder of Google and established the company in the year 1998. But few of us actually know about different startups that Larry Page is working on. In this article let’s look at those startups.

    Larry Page Air Taxi Startup – Latest News
    Who is Larry Page?
    Startups Larry Page is working on
    FAQ

    Larry Page Air Taxi Startup – Latest News

    The Air Taxi startup of Larry Page named Kitty Hawk has reported that it was making moves to the M&A space and conveyed that it has acquired 3D Robotics. The acquired company was once said to be a rival of the Chinese company DJI which is well known for the manufacturing of Drones.

    The profile of Kitty Hawk has mostly been to operate in Stealth and revealed that they were working on developing remote piloted vehicles. These vehicles are expected to be electric and have also been testing and exploring vertical landing and takeoff.

    The acquired company 3D robotics’ CEO and co-founder who is the formed Wired magazine editor is expected to join as a COO of Kitty Hawk who would be reporting to the CEO of the company Sebastian Thurn who is also the founder of Google X and helped in building Udacity.

    Who is Larry Page?

    Larry Page is well known to everyone as the co-founder of Google and the company was founded in the year 1998. Larry Page was the CEO of Google since 2001 and later it was continued by the co-founder of Google Eric Schmidt. In the year 2015, he co-founded Alphabet and made it the Parent company of Google.

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    Startups Larry Page is working on

    Kitty Hawk

    Larry Page had founded Kitty Hawk in the year 2015 after making Alphabet the parent company of Google and kept Kitty Hawk away from the company. The company had launched a personal electric aircraft called flyer in the year 2017.

    Kittyhawk Flyer
    Kittyhawk Flyer

    The company had worked and evolved the concept of a flyer and in the year 2018, the company revealed a product Cora which was a joint venture with Boeing. But it was found that in the recent years the company had stopped concentrating on a flyer and had also laid off some employees.

    The company however had come up with another aircraft called Heaviside which is more traditional in looks when compared to the startups that develop aircrafts. The team Kitty Hawk is working currently on making the aircraft fully autonomous.

    Planetary Resources

    Planetary resources are a space mining company that was launched by Larry Page and the founder of Braintree Bryan Johnson. It is a US based company that was established in the year 2009 which was later reorganized and renamed in the year 2012.

    The main aim or goal of the company is to expand the natural resource base of the Earth by developing and deploying the technologies for mining asteroids. The company in the year 2018 had launched Arkyd-6 CubeSat which holds and technology that is experimental to detect the resources for water in the space.

    The company has faced a lot of skepticism and ridicule against the idea of mining of space as the costs of the company are expected to be much more larger than what they can obtain from the mining of Asteroids.

    Opener

    The Opener is again a personal aviation company that was founded in the year 1996 by a Canadian Engineer Marcus Leng. The idea of personal aviation had fascinated Leng and he flew his first proof of the concept of eVTOL aircraft in the year 2011.

    The major project of the company is Blackfly and the objective is to fly a capable vehicle which is a dream of futurists to efficiently move passengers from A to B. Opener has conveyed that they are working towards realizing this dream.

    Opener Blackfly
    Opener Blackfly

    The vehicle is expected to consume lesser energy compared to an Electric Car and also lesser noise compared to cars and motorcycles. It is a fully electric vehicle with a Vertical takeoff and landing. Larry Page has been an investor in the company and the startup is backed by him.

    Conclusion

    However, in the year 2019, Larry Page stepped down as the CEO of Alphabet but still remains as a board member of the company and has a controlling stake in the company. The above mentioned startups are some of the lesser known startups Larry page is working on.

    FAQ

    Why did Larry Page leave Google?

    As the company faced a series of antitrust investigations and mounting employee unrest, its two cofounders, Larry Page and Sergey Brin stepped down in 2019 from their leadership roles at the company.

    What is Larry Page’s net worth?

    The net worth of Larry Page is 10,560 crores USD (2021).

    Is Larry Page a billionaire?

    Larry page built a significant amount of wealth while creating Google. According to Bloomberg Billionaires Index, as of April 10, 2021, Page has a net worth of approximately $103.7 billion, making him the 6th-wealthiest person in the world.

  • E-plane – A Company Leading Air Taxi Startup Race in India

    Traveling through Indian roadways raises a lot of concerns especially intracity travels. The urban cities in India have a lot of traffic, infrastructure problems which are bad roads, an increase in population, etc. All these make road transport a hurdle and reaching a place on time harder.

    In order to solve the issues faced due to traffics and bad infrastructure in the country, the Chennai-based e-plane company is in the process of developing an Air Taxi which would take the aerial route.

    Ubifly Technologies Private Limited was founded in the year 2016. The company is better known as the e-plane company and was founded by Satyanarayanan Chakravarthy and Panjal Mehta.

    Founders of The e-plane Company
    Aim of The e-plane Company
    The e-plane Company Funding
    UAV models
    Supervision Free Flights
    Commercial drone market of India
    Future plans of The e-plane company
    FAQ

    Founders of The e-plane Company

    Panjal Mehta is an alumnus of IIT Madras and a student of Satyanarayanan. Satyanarayanan is the co-founder and CTO of the company. He was a professor in IIT Madras teaching aerospace engineering since 1998. He is also the head of the Centre for Propulsion Technology and the head of the National Centre for Combustion Research and Development Lab (NCCRD).

    Pranjal Mehta with Prof.Satyanarayanan
    Pranjal Mehta(Left) with Prof.Satyanarayanan

    One of the major reasons that led to the launch of the company was his study on propulsion. Panjal Mehta was involved in working towards building a short-distance daily flying vehicle.

    Aim of The e-plane Company

    Satyanarayanan has explained that the main aim of the startup is to redefine intracity traveling in the country. The company will concentrate on developing electric planes and unmanned aerial vehicles (UAV). This will mainly be concentrated on short-range intracity travels.

    He also says that the products developed by the startup will be different and unique in nature. The company is building a hybrid mix of drones and electric aeroplane technology.

    He gave an explanation saying that the vehicles will take off and land similar to a drone but will move forward in the air like an electric aeroplane.

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    The e-plane Company Funding

    4th Dec 2020 – The e-plane Company raised an undisclosed amount of funding led by Speciale Invest.

    3 March, 2021 – The ePlane Company raised a funding of $1M from Naval Ravikant, as a part of its seed funding round.

    UAV models

    Satyanarayanan who is the co-founder has revealed that the startup has already designed three UAV models.

    Ek Hanz

    The first product developed by the company is TEC’s Ek Hanz. It is a UAV model is designed especially for delivering goods and services. It can carry up to 6kgs of load and will be able to fly continuously for 100 km at a speed of 50 km/hr.

    Ek Hanz by the e-plane company
    Ek Hanz by the e-plane company

    Scout

    The next product of the company is Scout. It is a drone that is designed and developed mainly for surveillance and security purposes. This drone has a powerful onboard processor and also has a long-lasting battery. This will ensure proper surveillance during certain crises.

    Vayu

    The company is also in the process of developing a hybrid auto-pilot e-plane which will be called as Vayu. This model is also developed for surveillance, but it will be concentrated on operating in larger areas. The main feature of Vayu is that it is smaller than Ek Hanz and Scout, but will fly continuously for more than 2 hours in a single charge.

    Air taxi

    The company is also working towards building a two-seater electric air taxi which is named as e200. This will concentrate on office goers who travel on a regular basis to work.

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    Supervision Free Flights

    The startup has claimed that its copyrighted ML algorithms will enable their flights to travel through the air without supervision. The vehicle would take off and land like a drone with just a push of a button and the vehicle will move forward like a plane.

    It is said that their air vehicle will automatically be able to detect any obstacles which come on their way such as trees, electric poles, etc. to ensure a safe flight. Hence, the air vehicle wouldn’t require supervision.

    Commercial drone market of India

    India’s commercial drone market is expected to grow at a CAGR of 12.4 percent in 2020-2026 according to a report by Research and Markets. The report has also added that the growth in the use of drones has been increased because of the Covid-19 outbreak globally.

    As of now, the majority of drones are being used for surveillance and mapping. The outbreak of Covid-19 in the country has made a realization of the importance of drones for deliveries.

    In June 2020, 13 companies were allowed to conduct trials which were let by the Directorate General of the Civil Aviation (DGCA). This trial was conducted to check the possibility of using drones for delivering medicines and other necessary goods and services.

    Future plans of The e-plane company

    Satyanarayanan has explained that the startup is not working towards or focused on building drones but is aiming towards building and developing electric planes or Air taxi for intercity transportations. They are working towards building electric planes which will be the future of intracity travel.

    The co-founder had said that the company is currently building a two-seater e-plane. This will be concentrated on working as an Air taxi. He said that the company will take at least 2 years to build the aircraft and some more years to receive permission from the aviation industry.

    FAQ

    What does Air Taxi mean?

    Air taxis are a small commercial airplane used for short flights between localities.

    Which company is going to start drone air taxi service in India?

    Malaysian budget airline AirAsia is planning to launch a flying-taxi business as soon as next year.

    Does Dubai have flying Air taxi?

    Dubai has one of the first major project of Air taxi, The Autonomous Air Taxi (AAT) is an 18-rotor drone taxi. The company claims to be the world’s first ‘self-flying taxi service’.

    Conclusion

    India could soon join the race towards devising better ways of transportation. As The e-plane company is working towards building a two-seater electric air taxi which is named as e200. This will concentrate on office goers who travel on a regular basis to work. The startup is also working towards raising external funding.