NEOM, the smart and sustainable regional development in northwest Saudi Arabia and Volocopter, the pioneer of urban air mobility, have established a joint venture (JV) company to design, implement, and operate the world’s first bespoke public vertical mobility system in NEOM. Air taxi and vertical logistics services will be fully integrated with the overall multi-modal and zero-emission public transit system in NEOM. The JV will be the sole operator of initial public transit routes across NEOM, while enabling an open eVTOL (electric Vertical Take-Off and Landing) ecosystem for vertical mobility services including logistics, emergency response, and tourism. NEOM has placed a confirmed order of 15 Volocopter aircraft to commence initial flight operations within the next 2-3 years.
The collaboration between NEOM and Volocopter will lead the design and development of a truly three-dimensional public transportation system, advancing the technical, regulatory, and infrastructure solutions for eVTOL operations across NEOM. The JV will offer vertical mobility services as an integral part of NEOM’s multi-modal and zero-emissions public mobility system, providing seamless connectivity for passengers and goods.
Volocopter and NEOM have agreed an initial order of 10 VoloCity passenger and 5 VoloDrone logistics aircraft to support early activation of flight operations. The JV will scale-up its activities from the beginning of 2022 to incubate urban air mobility (UAM) in the region and seed a vertical mobility ecosystem. The partnership delivers on NEOM’s mission to be a global living lab for future mobility and a center of excellence for eVTOL innovation and industry.
eVTOLs are an essential part of NEOM’s mobility mission, enabling transportation of people and goods without extensive surface infrastructure. Vertical mobility services will connect NEOM’s core urban development THE LINE, reimagined industrial city OXAGON and other regional destinations, avoiding intrusive road construction and thus protecting its unique natural environment.
NEOM is implementing the first truly sustainable and seamlessly connected mobility system powered by 100% renewable energy, deploying zero-emission vehicles across all urban and regional mobility modes. NEOM will shape the future of mobility by closely integrating smart infrastructure and advanced transit systems with active, shared, and autonomous mobility solutions to overcome the adverse legacy of the car-centric city. Working with a range of innovation partners, NEOM has initiated shared electric mobility services, autonomous shuttles, electric boats, personal eVTOLs, delivery drones, and solar-powered mobility hubs.
Main photo: Nadhmi Al-Nasr, CEO at NEOM and Christian Bauer, CCO at Volocopter signs joint venture agreement © NEOM and Volocopter
The collaboration between Tower Semiconductor and Scintil Photonics offers a clear view into the future…
How virtual twins, accelerated computing and physics-based models are turning AI from smart software into…
For decades, cellular communication has relied on one almost unquestioned assumption: the base station is…
IBM (NYSE: IBM) today announced new results that its quantum computer can simulate real magnetic materials…
Arrow Electronics has announced the launch of a new evaluation platform, jointly designed in collaboration…
Siemens has unveiled Drivetrain Analyzer Onsite, a new on-premises analytics solution for industrial drive systems,…