ZeroAvia secures $11.6 million of Series C funding
27th November 2023
FlyBlade India and Jaunt Air Mobility have inked a deal to launch electric vertical take-off and landing (eVTOL) aircraft operations in India and the subcontinent region by 2027. The partnership includes BLADE India’s acquisition of 150 Jaunt Journey aircraft, with an option to order another 100 aircraft to meet the projected demand over the next decade.
As a part of the deal, BLADE India will work with Jaunt and its partners to explore development of key infrastructure capabilities in aircraft charging and energy distribution technologies. In turn, Jaunt intends to use BLADE India’s existing short haul operational and customer experience to support the development of the Jaunt Journey aircraft and its integration into the Indian airspace
Speaking on the strategic partnership, Amit Dutta, Managing Director, BLADE India said: “With its vast expanse and increasing congestion, India is one of the biggest markets in the world for AAM solutions. With BLADE’s first mover advantage in nurturing the Urban Air Mobility ecosystem in India and Jaunt’s technical expertise, this partnership is well poised to pioneer the transition to electric and revolutionize the transportation system.”
"We are thrilled to partner with an exceptional BLADE India team to pursue the launch of a new form of urban air travel in India and the subcontinent region", said Simon Briceno, Chief Commercial Officer for Jaunt. "Our collaboration with BLADE India and our clear path towards aircraft certification means that the Indian public will soon be able to benefit from the development of a new safe, affordable, and accessible mode of transportation."
FlyBlade India is a joint venture between Hunch Ventures and Blade Air Mobility.