US-based Odys Aviation joins MoE’s NextGen FDI Programme – Gulf Today

US-based Odys Aviation joins MoE’s NextGen FDI Programme – Gulf Today

 Dr Thani Bin Ahmed Al Zeyoudi with the officials of Odys Aviation in Abu Dhabi.

The Ministry of Economy has announced that Odys Aviation, a US-based company developing hybrid-electric vertical take-off and landing (VTOL) aircraft designed for both regional distances and short-haul “air taxi” routes, has joined its NextGen FDI programme, which provides pioneering businesses in high-potential sectors with the market-entry fundamentals to seamlessly launch and then scale their operations in the UAE.

Designed for passengers, cargo and emergency services, Odys Aviation’s aircraft will be able to deliver all-electric propulsion for 320 kilometres, with a hybrid-electric range of more than 1,200 kilometres. This means, they have the potential to reduce carbon emissions on pan-GCC air travel by up to 76 percent, and provide a zero-carbon travel alternative for all journeys across the UAE. The California-based start-up plans to launch a full-scale prototype in 2025, with the aircraft