25 Nov 2022

Fairey Rotodyne

2022-11-25T23:00:26-05:00November 25th, 2022|

The Fairey Rotodyne established a speed record over a closed circuit of 307 km/h. The prototype Rotodyne was a three-crew, forty-passenger machine, itself a remarkable achievement [...]

18 May 2022

S.Korea to launch $1.3 bn air taxi research project

2022-05-18T21:07:44-04:00May 18th, 2022|

The South Korean government will launch a 1.6 trillion won ($1.3 billion) project to set basic standards for urban air mobility (UAM), or air taxi, as the country is preparing to commercialize the next-generation mobility service from 2025, according to sources with knowledge of the matter. Up to now, four Korean consortia, including a Hyundai Motor-led group, have joined the race for UAM services. Mobile carrier SK Telecom Co., Lotte Rental Co (includes Skyworks). and LG Uplus Corp., a wireless and internet service provider, have also formed their separate consortium to enter the UAM market.

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