The company says it now holds letters of intent from prospective customers covering 100 of the high-capacity drones that could be used for cargo flights or crop-spraying.
A new report issued by analysts at Allied Market Research projects the global hybrid aircraft market will generate $1.9 billion of revenue in 2025, when several hybrid aircraft are expected to enter service.
The California-based eVTOL developer and its New Zealand partners successfully demonstrated that autonomous, uncrewed aircraft can safely integrate with regular piloted aircraft in controlled airspace.
The Spanish start-up says not being first to market will prove an advantage for second-wave advanced air mobility pioneers who will have greater regulatory certainty.