Abu Dhabi-based Knighthood Global has invested in Odys Aviation, a sustainable aircraft company building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for regional connectivity based in Long Beach, California.
As part of the arrangement, James Hogan, chairman of Knighthood Global, and Camiel Eurlings, a partner of the aviation, travel and tourism advisory firm, will also serve on the Advisory Board of Odys Aviation.
James Dorris, co-founder and chief executive of Odys Aviation, said: “Our aircraft will revolutionise commercial aviation. We envision a future of travel that is sustainable, efficient, and delivers an exceptional passenger experience.”
“Our plans are revolutionary, bridging the gap between existing technology and fully electric aviation, bringing the future of flight to life.
”By collaborating with Knighthood, we will expand our depth of industry experience and market reach to travellers, operators, and investors around the world.”
James Hogan said: “Our investment in Odys represents a very exciting opportunity for us to play a role in the future of sustainable global aviation. Air-taxis miss the mark, Odys is developing sustainable VTOL aircraft to cut the travel time in half on busy travel corridors and create a new era of aviation untethered from runways and large airports.”
Hohan added: “We know that aviation is an indispensable driver of the global economy. However, it has to change fundamentally to meet the industry’s agreed zero carbon commitment, and to reduce its negative environmental impact.
“It is only by harnessing this new technology and through ongoing investment that aviation can evolve to meet these significant global challenges. We are very pleased to be supporting this team of inspiring, visionary people”.