Major?industry?players such as Airbus, Boeing and Uber are taking it seriously and directing significant research & development funding towards developing flying car technologies
Top 20 companies developing flying car technologies. Source: shutterstock.com
There is understandable skepticism around the entire concept of flying cars and their widespread deployment. Nonetheless, the technology is at an embryonic stage and major?industry?players such as Airbus, Boeing and Uber are taking it seriously and directing significant research & development (R&D) funding towards developing flying car technologies. According to a recent?Visiongain?report, the top 20 companies developing flying car technologies 2019 are:
- AeroMobil
- Airbus S.E
- Amazon.com, Inc.
- Audi AG
- Delorean Aerospace, LLC
- Detroit Flying Cars
- Kalashnikov
- Kitty Hawk
- Lazzarini Design Studio
- Macro Industries, Inc.
- Moller International
- Neva Aerospace Ltd
- Nirvana Systems Ltd (Nirvana Autogyro)
- PAL-V International BV
- Terrafugia
- Tesla, Inc.
- The Boeing Company
- Toyota Motor Corporation (Cartivator or SkyDrive Inc.)
- Uber Technologies Inc.
- Vaylon SAS
The report mentions that there are of course considerable regulatory barriers to overcome in terms of satisfying airspace authorities and regulators as to the viability and safety of flying cars and their semi-autonomous variants in what is already very crowded and strictly controlled airspace. Before VTOLs can operate in any country, they will need to comply with regulations from the US Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) who regulate 50% and 30% of the world’s aviation activity, respectively — and who are charged with assuring aviation safety. However, there has been some movement by authorities allowing the technologies to be trialed.
Flying cars are potentially one of the most lucrative automotive and aerial technologies that could reshape the future of advanced automotive and aerospace technologies. The main objective of technology companies such as Google, but also of OEMs is the achievement of a fully functional flying car by the end of 2022. The key point for this ambition is the development of flying cars, which is currently being tested and researched by the top technology leaders in the market.
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
