URBAN AERONAUTICS TEAMS UP WITH ASCENT FLIGHT GLOBAL TO DEVELOP eVTOL CITYHAWK

Israel’s Urban Aeronautics, the pioneering hydrogen/electric-powered vertical take-off and landing (eVTOL) developer, who recently announced its partnership with the Boeing Company, now joins forces with Asia’s tech-powered urban air mobility service Ascent Flights Global Pte. Ltd (Ascent), to bring the eVTOL CityHawk to market. The founding team met as co-workers in an investment group, REAPRA, which provided venture building and investment support to develop Ascent. Co-founded in 2018, Ascent is based in Singapore, with operations in the Philippines.
Urban Aeronautics has been building the next generation of flying vehicles since 2001.
With its success in the development of the Cormorant, an unmanned VTOL aircraft built for a variety of military, civil and emergency response missions, Urban Aeronautics is now setting its sights toward the manned civilian market through commuter air taxis, and emergency medical services (EMS). With the recent announcement of its partnership with the Boeing Company, Urban Aeronautics now joins forces with Ascent to accelerate the commercialisation of its hydrogen/electric-powered vertical take-off and landing (eVTOL) aircraft, the CityHawk. CityHawk has a uniquely small footprint the size of a large SUV and yet has a seating capacity for up to six passengers. This combination maximizes the efficiency of vertiports and increases passenger traffic laying a foundation for a genuine mass transit solution.
Ascent is Asia’s first technology-powered urban air mobility service that enables users to avail of helicopter flights by the seat today, and eVTOLs in the future, to skip the traffic between activity hubs like international airports, central business districts and popular leisure destinations to regain control of their time in traffic-congested cities.
This new business model allows users to experience seamless urban mobility through the skies on fuel-efficient flights, from US$150 per seat, a rate up to ten times more affordable than traditional chartering. Despite this innovation, urban air mobility is predicted to become even more affordable and environmentally sustainable with eVTOLs, a less expensive aircraft to produce, maintain and operate, relative to helicopters. Recent studies project that unmanned autonomous air taxi services could bring the price as low as $2 per mile.
“As we continue to advance on our development and look toward commercial flights within a few years, we are eager to work with Ascent. Thanks to Ascent’s unique operational experience, and growing footprint, we are now able to enrich our aircraft design and commercialisation approach, based on direct market insights. With this partnership, Urban Aeronautics can make an aircraft for the customer, with the customer,” says Dr. Rafi Yoeli, CEO of Urban Aeronautics.
(Source and image: Urban Aeronautics)

MAGSEIS FAIRFIELD BEGINS ACQUISITION OF LARGEST OBN SURVEY IN THE UK NORTH SEA

March 30, 2020

Magseis Fairfield has commenced the acquisition of the Cornerstone OBN Phase 1 project according to plan and will continue throughout the North Sea...

Read More+
SWEDEN – MAN CRYO DEVELOPS LIQUEFIED METHANE TERMINAL IN THE PORT OF OXELOSUND

March 30, 2020

OxGas, a company fully owned by the Port of Oxelösund in Sweden has commissioned, MAN Energy Solutions, to act as owners engineer in the development...

Read More+
VESTAS – FROM A MODEST BLACKSMITH WORKSHOP TO AN INTERNATIONAL WIND ENERGY LEADER

March 29, 2020

The humble origins of the company Vestas started at the beginning of the 1900’s in a tiny village of western Denmark. It’s a story of willpower,...

Read More+
GIANT TOROIDAL FIELD COIL FOR ITER TOKAMAK OFFLOADED IN MARSEILLE

March 28, 2020

It's big, it's heavy, it's precious and it's highly symbolic: the toroidal field coil that was unloaded at Marseille industrial harbour on 17 March...

Read More+
PWC – CHINA AND INDIA COULD BE THE TWO LARGEST ECONOMIES IN THE WORLD BY 2050

March 28, 2020

PWC (PricewaterhouseCoopers) released its study “The Long View – How will the global economic order change by 2050.” The report sets out our...

Read More+
CONTRACT TERMINATIONS FOR VALARIS DS-8 AND JU-109 OFFSHORE ANGOLA

March 27, 2020

Valaris continues actively working to recover or replace the blowout preventer (BOP) stack on Valaris DS-8 following a non-drilling incident earlier...

Read More+
WOODSIDE RESPONDS TO MARKET CONDITIONS CUTTING EXPENDITURES BY 50%

March 27, 2020

Australian Woodside advised that the current uncertain global investment environment arising from the spread of COVID-19, combined with oversupply...

Read More+
FENNOVOIMA – SUCCESSFUL YEAR FOR HANHIKIVI 1 NUCLEAR POWER PLANT PROJECT

March 27, 2020

During 2019, Fennovoima, the Finish nuclear company, has reprogrammed the operations throughout the Hanhikivi 1 project. The changes have brought significant...

Read More+
SIEMENS GAMESA TURBINES SELECTED FOR HOA THANG WIND FARM IN VIETNAM

March 27, 2020

Siemens Gamesa will supply 25 units of its SG 4.5-145 turbine for the Hoa Thang 1.2 wind farm, one of the largest in Vietnam. Siemens Gamesa will also...

Read More+
VAALCO COMPLETES 2019-2020 CAMPAIGN WITH SOUTH EAST ETAME 4H WELL OFFSHORE GABON

March 27, 2020

Vaalco, the Houston-based oil and gas explorer, confirmed the successful completion of its 2019/2020 drilling program. Highlights • Successfully...

Read More+
WARTSILA INITIATES COMBUSTION TRIALS USING AMMONIA

March 26, 2020

The technology group Wärtsilä has initiated combustion trials using ammonia. The research will help the company to prepare for the use of ammonia...

Read More+
SAKHALIN ENERGY OFFLOADS 1800th LNG CARGO

March 26, 2020

On March 25, at the Port of Prigorodnoye, the 1,800th LNG cargo produced at the Sakhalin-2 LNG plant operated since 2009, was loaded onto the Hyundai...

Read More+