EV Magazine February 2023 | Page 67

“ We are co-developing our electric propulsion unit with Rolls-Royce , whose engines have powered more than 100 million flying hours . Similarly , with Honeywell , we are leveraging their 100 years of experience in the development of avionics systems , such as those developed for the F-35 VTOL fighter jet .”
eVTOL aircraft are being developed with advanced digital technologies , such as AI and autonomous capabilities , enabling them to operate more efficiently and safely , making them even more attractive for use in regional transport and logistics . For example , automation technology can help to reduce the workload of pilots , allowing them to focus on other tasks and improving safety .
Through the use of eVTOL aircraft , businesses and other organisations ’ eyes will be open to new opportunities , in terms of the development and manufacturing of electric propulsion systems , as well as other eVTOL-related technologies .
“ We are confident that electric aviation will become mainstream in the coming years . This is also supported by the fact that there ’ s clear confidence in the longterm potential of the eVTOL market ,” says Cervenka . “ Morgan Stanley ’ s latest report on eVTOLs and Urban Air Mobility states that it is currently projected to grow to a total addressable market value of US $ 1tn by 2040 .”