Star turns of the show are moving closer to the day when they can be used by the public. Read more at straitstimes.com.
LE BOURGET, France - Barely making a buzz, a two-seat helicopter powered by an electric battery landed softly on the tarmac at the Paris Air Show after a 15-minute flight.
Volocopter has been conducting test flights in the Paris region for more than a year as it preps for the Olympics. Volocopter has ploughed US$600 million into its air taxi – an expensive endeavour as it has yet to be made available to consumers. Whether on not eVTOL aircraft become as easy to take as an Uber is an open question, but the aerospace industry is taking their potential impact seriously and for the first time they have their own dedicated space at the airshow.Investment has not been lacking. A recent study by the Deloitte consultancy found the sector attracted €6 billion in investment in 2021, before falling to €2.7 billion in 2022 after the pandemic hit.
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