eVTOL study predicts strong regulatory advances in the market
Image and courtesy: Brandon Robinson, CEO of Horizon Aircraft
A new survey commissioned by Horizon Aircraft, and private equity and venture capital professionals, has revealed that over the next two…
Image and courtesy: Brandon Robinson, CEO of Horizon Aircraft
A new survey commissioned by Horizon Aircraft, and private equity and venture capital professionals, has revealed that over the next two years, 88% expect improvements in the regulatory framework for the eVTOL market and 15% anticipate there will be a dramatic improvement.
When it comes to which eVTOL’s private equity and venture capital professionals believe offer the most attractive opportunities for investors, 89% cited those that fly most of their time as normal aircraft because they are deemed to be safer, making it easier for them to be certified by the relevant aviation authorities.
In terms of what the main hurdles are to achieving regulatory approval for eVTOL aircraft, safety measures are seen as the biggest by professional investors. This is followed by meeting certain standards regarding operations and maintenance, pilot training requirements, and the quality of software used by operators.
When it comes to which countries professional investors believe are currently the most advanced in their regulatory plans for the eVTOL market, private equity and venture capital professionals cited the USA, Canada, the UK, Germany, and China as the top five. The European Union also scored highly.
Huge advances
Brandon Robinson, CEO of Horizon Aircraft said: “The eVTOL market is making huge advances in terms of its overall development and technology, and this is spurring on regulators to develop an appropriate certification and operating framework for the sector. All of this will lead to further investment into the industry and more growth and technological advancements.”
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