KSA Business: Neom-Volocopter JV to operate first public eVTOL system – Gulf Digital News

  • Date: 01-Dec-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Saudi Arabia
  • Who else needs to know?

KSA Business: Neom-Volocopter JV to operate first public eVTOL system – Gulf Digital News








Saudi Arabia's futuristic $500-billion new city Neom has joined forces with Volocopter, a pioneer of urban air mobility, to set up a new venture that will design, implement, and operate the world's first bespoke public vertical mobility system within its upcoming sustainable development in the kingdom.





 





Air taxi and vertical logistics services will be fully integrated with the overall multi-modal and zero-emission public transit system in Neom. 





 





As per the deal, the JV will be the sole operator of initial public transit routes across Neom, while enabling an open eVTOL (electric Vertical Take-Off and Landing) ecosystem for vertical mobility services including logistics, emergency response, and tourism. 





 





Neom will be the home and workplace to more than a million residents from around the world. It will include hyperconnected, cognitive towns and cities, ports and enterprise zones, research centers, sports and entertainment venues, and tourist destinations. 





 





As a hub for innovation, it will attract entrepreneurs, business leaders and companies who will come to the city for research, incubation and commercialition of new technologies and enterprises in groundbreaking ways. 





 





Residents of the Saudi futuristic city will embody an international ethos and embrace a culture of exploration, risk-taking and diversity – all supported by a progressive law compatible with