![]() As of mid 2022, you can “pre-order” flying cars from Aeromobil (Bratislava, Slovakia) or Jetson Aero (Stockholm, Sweden see Fig. The first commercially available recreational all-electric flying vehicles are hitting the market this year (see video). ![]() A frenzy of mergers, design wins, and production contracts are already leading to consolidation, because only a few dozen designs are ever likely to see commercialization. ![]() NASA, Boeing, Toyota, Uber, Intel, and the Massachusetts Institute of Technology are all invested, and that’s just a small slice in the U.S. Where’s the money coming from? It’s a global effort of governments, mostly via agency programs and military-aerospace contractors, as well as aerospace corporations, airlines, automakers, corporations, venture capitalists, academia, and individuals. ![]() 1 According to market research firm Markets and Markets, the global market for eVTOL aircraft was US$8.5 billion in 2021, projected to reach US$30.8 billion by 2030, a CAGR of 15%. ![]() By some counts, a staggering 700 designs for electric/hybrid-electric flying vehicles are in development, and many are already in the air. If you think flying cars are a long way off, think again. ![]()
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