The Ministry of Economy has announced Odys Aviation, a USA-based company developing hybrid-electric vertical take-off and landing (VTOL) aircraft, will enter the UAE with its NextGen FDI program providing pioneering businesses in high-potential sectors. Designed for cargo, passenger and emergency services, Odys Aviation’s aircraft will be able to deliver all-electric propulsion for 320 kilometres with a hybrid-electric range of 1,200 kilometres. This means, they have the potential to reduce carbon emissions on pan-GCC air travel by up to 76 per cent and provide a zero-carbon travel alternative for all journeys across the UAE. The start-up plans to launch a full-scale prototype in 2025, with the aircraft entering service in 2027. His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said, “The new partnership with Odys Aviation marks another important milestone in the UAE’s journey to create a knowledge-based economy, powered by innovation. We see opportunities for the operation of Odys aircraft across the UAE in civilian, cargo and civil defence activities.”
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