Important Innovations

  Sweden's Heart Aerospace Takes Orders For its Electric Passenger Plane                                             Source:  Heart Aerospace Zero Emissions Flying  Swedish startup Heart Aerospace is developing the world's first, 30-seat electric passenger plane.  The prototype is being built to fly 124 miles on battery power alone.  With an accompanying reverse-hybrid engine consisting of 2 turbo generators powered by sustainable aviation fuel, the aircraft's range doubles to 248 miles. Called the ES-30, it's a hot electric plane prototype that's scheduled for delivery in 2028.  Heart is getting investment money from Air Canada and Sweden's largest aerospace company Saab AB.  Saab and Air Canada are investing $5 million each in Heart.  Air Canada also has placed an order for 30 of the ES-30 electric passenger plan...

  New Zero Emissions Mode of Transportation                                                             Source: Biliti & Other Tuk Tuks Roots Date Back to Rickshaws Los Angeles-based startup Biliti just unveiled what's being called the world's first, hydrogen powered Tuk Tuk or trike.  Tuk Tuks are common means of passenger transportation in Thailand and India.  The three-wheeled vehicles serve as taxies.  Their heritage dates back to Japan's rickshaws.  The new, hydrogen fuel cell powered Tuk Tuk is called FastMile.  The company says it has a 130-mile range on a charge and can be refueled in just 3 minutes.  Biliti is a fast growth electric mobility company founded in 2021 and known for its compact electric delivery Tuk Tuks.  The company is currently significantly expan...

World's 1st Drone Cleared for Heavy Cargo Trials Source:  Ehang Booming Drone Business China's Ehang is the world's 1st autonomous aerial vehicle (AAV) & eVTOL company approved to perform commercial trials of carrying heavy cargo in its passenger drones.  The pilotless Ehang 216 drones can carry two passengers, go up to 80 mph and travel a distance of 19 miles. It's now the first drone company in the world that is cleared to perform a series of trial tests with the drone carrying cargo loads of 330 pounds and more. Global Market Size Ehang founder and CEO Hu Huazi says the Chinese regulatory authority's clearance will accelerate the commercialization of  AAV/eVTOL technology and air mobility solutions for logistics. He adds it's a foundation for the world to establish a coordinated and sustainable regulatory environment.  The global market potential for eVTOLs is huge.  Morgan Stanley estimates it at $1.5 Trillion by 2040.  30%...