It’s 2022 — which means we’ve been promised VTOL (vertical take-off and landing) aircraft for over a decade now.
But while pioneer founders are incrementally moving towards commercial deployment, there’s a new breed of startups snapping at their heels.
Many are in their early stages, but all promise something unique, so I reached out to four of the most interesting companies to find out more.
Oh, and I gave them all a rating along the way. Let’s take a look:
Zeva (US)
Range: 150 km (93 miles)
Speed: 180 kmph
Funding: The project is self-funded and welcomes donations and investment.
What’s the latest? Well, they have a video (you can watch above) that uses rhyming verse and Lego figures…
When can I fly in it?: Hmmm, it’ll be one of the last VTOLs to the finish line, but this is not always a bad thing.
As the company notes, “battery technology is awesome, but… it’s still going through puberty. So we’ll give it a few years to mature, and in the meantime, compensate for it with a highly efficient aerodynamic design.”
Verdict: 🚁🚁🚁
It looks like a bird — what’s cooler than that?
But honestly, this is all we know so far. There’s a long way to go to create an aircraft that can depart, fly, and land — and that’s to say nothing of the extensive accreditation process.
Still, I’m all for local solutions for complex transport problems, and their intent to create collaborations, jobs, and training is admirable.
Odys Aviation (US)
Why’s it special?: Unlike most eVTOLs that transport two-to-five, Odys Aviation aims for a capacity closer to that of an aircraft. Significantly, this vehicle is a nine-seater.
Furthermore, it’s creating a hybrid-electric aircraft that includes a gas turbine generator and offers a 15-minute charging turnaround. This is a big deal. In comparison, a well-established company like Joby targets a 30-minute full charge for far shorter distances of 250km (155 miles).
The company is concentrating on the regional market, specifically travel between cities — a sector that many VTOL makers have eschewed. This means it’s focusing on selling its aircraft to airlines.
Despite being early days, Odys has a lot of interest from this market, with orders placed for over 1,000 units.
Range: 1609km (1000 miles)
Speed: 555kmph (345mph)
Funding: The company completed a €11.9 million ($12.4 million) seed funding round in February with a total of €14.9 million ($15.9 million) raised.
What’s the latest? It’s working on its next prototype, a remotely piloted one-seater.
When can I fly in it?: According to the company, 2026.
Verdict: 🚁🚁🚁🚁
While it doesn’t have the full green cred of all-electric or hydrogen-powered VTOLs, Odys Aviation has solved many market gaps in the B2B space. This is definitely one to watch.
Ace VTOL (Australia)
Why’s it special?: Controversially called a “Passenger Drone,” according to founder and CEO, Brett Northey, Ace VTOL’s competitive advantage is its aircraft’s “lifting body” design and forward entry that creates a considerably larger cabin space.
On top of this, the company is the first wheelchair-friendly VTOL on the market.
The aircraft comes with a low earth orbit satellite-hosted blockchain and AI flight management system with a VR pilot interface. According to Northey:
This allows us to remotely operate the aircraft at any location on the planet with minimal hardware, and our Ph.D. technology partnerships introduce battery technology with 8-second recharging.
This results in a limitless cycle life, 30% increased energy density, and most importantly — no thermal runaway.
It can also introduce Hydrogen cells — “if [it chooses].”
The level of stability of the Ace VTOL is being designed to “ensure that you never spill your Martini.”
Ace VTOLs’ technology also advances insight into atmospheric ion in-flight recharging. In real words, this means the aircraft can charge as it flies. The engines turn generators that supply electrical power to the aircraft, including a charger that keeps the battery fully juiced.
Range: N/A
Speed: N/A
Funding: The company is currently selling 5 RED BARON NFTs, a remote piloted passenger drone, for 300 ETH (€780,540 or $872k) each.
What’s the latest? Ace VTOL is still in the design phase and has only 10 staff.
When can I fly in it?: The company is aiming for a 2024 launch.
Verdict: 🚁
Honestly, it’s hard to rate an aircraft this early in the process. There’s no lack of imagination or enthusiasm, and with a full complement of talent and funding, who knows what might happen?
According to Northey:
Companies like Joby and Archer are pioneers but are far from innovative. We can learn from their progress and just do everything better.”
He’s not wrong. This new breed can learn a lot from the pioneers. But I have no idea how they could get to a 2024 launch from here.
The challenge of early-stage VTOL innovation
Look, my intention in this article is not to throw rotten eggs at early-stage VTOL companies.
I get a lot of press pitches from VTOLs, and I’ve been interested in the tech for a while.
I fully appreciate that press attention is valuable in building networks and reaching investors.
I also am mindful that we are still in something of the wild west when it comes to VTOLs, with no commercial aircraft on offer to passengers today.
Furthermore, the regulations for their use had to be created from the ground up, and the appropriate infrastructure and EV-charging/refueling capacites are still in the works.
Despite this, the opportunity is vast, and who knows what the skies and the market will look like over the next decade? There’s a lot of funding and, as the tech evolves, so do the players.
The pioneers might be the front runners, but there’s no reason that early-stage aircraft with the right staffing and funding can’t catch up. Keep your eyes on the skies, people.