Volocopter Commits to Launch Air Taxi Services in Singapore
Singapore/Bruchsal, 9 December 2020 – Volocopter, the pioneer in Urban Air Mobility (UAM), announced its commitment today to launch air taxi services in Singapore after two years of close collaboration with the city. Working together with the Economic Development Board of Singapore (EDB) and the Civil Aviation Authority of Singapore (CAAS), Volocopter plans to make air taxi services a reality in the Southeast Asian city-state within the next three years. This puts Singapore in pole position to launch Urban Air Mobility in Asia. In preparation for the launch, Volocopter has founded Volocopter Asia Holding and hired Hon Lung Chu as its Head of Asia Pacific in Singapore.
In October 2019, Volocopter completed the historic air taxi demonstration flight in the heart of Singapore over the Marina Bay area, giving observers the unique opportunity to have a sense of what Urban Air Mobility will look like. Leading up to this flight, the company opened a Singapore office in 2019, conducted extensive flight tests, and worked closely with several key stakeholders, such as the Ministry of Transport (MOT) and CAAS, to receive the necessary permits to fly then.
Before launching the services in Singapore, Volocopter will obtain the necessary regulatory approvals, including those from CAAS and the European Union Aviation Safety Agency (EASA). Volocopter’s regulatory approvals will be facilitated by CAAS and EASA’s Working Arrangement on Airworthiness Certification, which allows for validation of type certification to be done concurrently and in close coordination. To achieve this, Volocopter will, together with stakeholders, also be conducting comprehensive tests, flight trials, evaluations, and certification before approval to commence commercial air taxi operations can be granted.
“Singapore is renowned for its leading role in adapting and living new technologies. Our successful cooperation with EDB, MOT, and CAAS on our previous flight has shown that there is no better place in Asia to launch our electric air taxi services than in Singapore,” says Florian Reuter, CEO of Volocopter. “The city’s research institutes conducting R&D play an integral part in this. Topics like route validation for autonomous operations, material science, and research regarding battery technology are very important for our long-term business success.”
The first route in the Lion City is expected to be a touristic route over the southern waters, offering breath-taking views of the Marina Bay skyline. This could provide Singapore with a new attraction to enhance Singapore’s tourism industry in the context of the COVID-19 pandemic. Follow-on connections may include cross-border flights, which may enhance regional connectivity and offer a significantly improved travel experience to Singapore’s closest economic centers.
Leading up to the launch of commercial operations, Volocopter will build up a team of 50 pilots, engineers, operation specialists, and business managers in the next 3 years. The company is expected to hire over 200 full-time employees in Singapore to manage a network of Singapore routes by 2026. Volocopter has also initiated research and development projects with local institutions, starting with Fraunhofer Singapore at the Nanyang Technological University.
“Urban Air Mobility is an emerging area within the broader mobility sector, which we have identified as a growth industry for Singapore,” said Mr. Tan Kong Hwee, Executive Vice President, EDB. “Singapore is an important regional testbed for autonomous cars, electric vehicles, and Urban Air Mobility, including the successful test flight by Volocopter in 2019. We are glad that Volocopter has chosen Singapore to anchor its commercial and R&D activities. This will help build new capabilities for our mobility ecosystem and create many exciting opportunities for Singapore.”
“In this new area of Urban Air Mobility, we look forward to continue working with Volocopter. This gives us the opportunity to co-create regulations and technologies with the industry, facilitating innovation to enable a future mode of transportation for Singapore,” said Mr. Tan Kah Han, Senior Director (Unmanned Systems Group) of CAAS.
Volocopter air taxis are emission-free, electrically powered aircraft that take-off and land vertically. They are designed as an addition to urban mobility and will fly up to two passengers directly and quietly to their destination. As such, they will offer a whole new dimension to the quality of life in cities.
About Volocopter GmbH
Volocopter is building the world’s first sustainable and scalable Urban Air Mobility business to bring affordable air taxi services to megacities worldwide. With the VoloCity, the company is developing the first fully electric “eVTOL” aircraft in certification to safely and quietly transport passengers within cities. Volocopter leads and cooperates with partners in infrastructure, operations, and air traffic management to build the ecosystem necessary to ‘Bring Urban Air Mobility to Life’.
In 2011, Volocopter performed the first-ever manned flight of a purely electric multicopter and has since showcased numerous public flights with its full-scale aircraft. The most notable have been the public test flights at Singapore’s Marina Bay in October 2019 and the world’s first autonomous eVTOL flight in Dubai 2017. Volocopter is also developing products for the logistics and precision agriculture space with their VoloDrone.
Founded in 2011 by Stephan Wolf and Alexander Zosel, Volocopter has 200 employees in offices in Bruchsal, Munich, and Singapore. The company is managed by CEO Florian Reuter, CTO Arnaud Coville, CFO Rene Griemens, and CCO Christian Bauer, and has raised a total of 122 million euro in equity. Volocopter‘s investors include Daimler, Geely, DB Schenker, Intel Capital, Team Europe, btov, Micron, Mitsui Sumitomo Insurance Group, TransLink Capital (Japan Airlines and Sompo Japan Insurance), MS&AD Ventures, and Manta Ray Ventures. Find out more at: www.volocopter.com