Rolls-Royce invests in flying taxi market

Rolls-Royce and luxury jet and helicopter service provider Luxaviation Group have agreed to work together on the development of services for the emerging flying taxi market.

Rolls-Royce will provide electrification solutions, maintenance support services, and digital solutions for Luxaviation Group’s planned network of vertiports.

Luxaviation already has a presence at over 120 VIP terminals across the world.

At present, dozens of VTOLs (vertical take-off and landing aircraft) are at various stages of development as manufacturers aim to grab a slice of the emerging flying taxi market. Indeed, Hyundai forecasts the air mobility market will be worth nearly $1.5trn over the next 20 years.

Both companies share a vision of what flying taxi solutions could look like, including all electric and hybrid-electric vertical take-off and landing, as well as fixed-wing, commuter aircraft.

The new strategic partnership will look at three main areas:

  • Charging and energy infrastructure for vertiports
  • Maintenance provision for electric aircraft
  • Maintenance provision for electric aircraft• Digital solutions for related applications across the Advanced Air Mobility (AAM) space

Rob Watson, president of Rolls Royce Electrical said: “Rolls-Royce will be the leading provider of all electric and hybrid-electric power and propulsion systems for Advanced Air Mobility.”

“As part of our strategy, we are looking to ensure we understand how we can deliver maintenance and services for these new aircraft. We are delighted to collaborate with Luxaviation who we believe will be a leading player in the AAM industry and that this collaboration will help both partners to be at the forefront of this new market.”

“This strategic partnership also leverages capabilities and technology across Rolls-Royce as we develop the electrical power and propulsion systems for eVTOL and commuter aircraft,” he added.

“Rolls-Royce is set to build on our existing network to offer maintenance services for electrical systems. Further, Rolls-Royce Power Systems is able to offer microgrid solutions to support fast-charging of electric aircraft and deliver reliable, cost-effective and climate friendly, sustainable power to vertiports.”

Andreas Schell, CEO of Rolls-Royce Power Systems, claimed that soon the company will
offer this market space fuel cell generators, hydrogen engines and electrolysers: “This is another demonstration of how Rolls-Royce is helping make aviation more sustainable.”

Christophe Lapierre, Luxaviation’s head of strategy and president of Business Aviation Support Services added:  “Our concept is to provide a solution that is agile and in continuous evolution to scale up Advanced Air Mobility operations alongside regulatory development pace and market demand.”

“Rolls-Royce is set to build on our existing network to offer maintenance services for electrical systems. Further, Rolls-Royce Power Systems is able to offer microgrid solutions to support fast-charging of electric aircraft and deliver reliable, cost-effective and climate friendly, sustainable power to vertiports.”

Rob Watson, Roll-Royce Electrical

Follow us on twitter: @risksEmerging

Rise of Remote Work to Define Future of City of London https://www.carriermanagement.com/news/2022/05/18/236293.htm?utm_source=dlvr.it&utm_medium=twitter

SiriusPoint Chairman and CEO Sankaran Resigns https://www.carriermanagement.com/news/2022/05/18/236287.htm?utm_source=dlvr.it&utm_medium=twitter

Should a female elephant have some of the same legal rights as humans?

That is the question New York state's top court will consider, the latest development in a years-long push by an animal rights group to free Happy the Elephant from the Bronx Zoo https://reut.rs/3GaWm09 1/5

Charles and Camilla visit Canada on royal tour to mark Platinum Jubilee https://bbc.in/3yOcNO3

Property casualty insurance advocates are in D.C. sharing how our industry empowers consumers to protect what matters most. Help amplify our efforts by sending a message to your representatives about our policy priorities! #DCLAD22 #InsuringWhatMattersMost https://voiceofamericasinsurers.org/2022-lad-cta/

🔲 Dominate the ball, always looking for space
🔲 Ball-playing centre-halves that drive forward
🔲 Carvalho dominated left half-space
🔲 Creative & effective set pieces
🔲 Scored 50+ at home & away

@peterrutzler & @johnspacemuller analyse how and why #FFC stood out this season.

Hindu groups file fresh petitions to stop Muslims from entering historic Indian mosque http://reut.rs/3sIaHeZ

On the latest episode of Tug of War, @NicRobertsonCNN explains how Russia's invasion of Ukraine convinced Finland to plan on joining NATO - after decades of neutrality.

Listen here. https://cnn.it/3wp87wD

Load More...
SHARE: