According to The Australian Financial Review, a flying vehicle start-up run by a husband and wife team has scored $23 million in funding from some of the country’s most established investors.
The company has designed an electric vertical take-off and landing (eVTOL) aircraft, capable of reaching speeds of up to 300 kilometres per hour.
The helicopter-esque electric aircraft called Vertiia, which can travel up to 250 kilometres using battery power, is also equipped to use hydrogen as a fuel source, giving the aircraft the potential to exceed 1000 kilometres of flying at a cost per passenger equivalent to a ride-sharing service.
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