The company has invested 30 million dollars so far, mostly through private individuals. The capital intensive manufacturing and the operations intensive fleet management will be outsourced to specialists in those fields. How much teised to fully produce and fully come to market with both vehicles is roughly 300 million dollars. And part of the advantage of launching the two seater soon, in 20 24, is when plan to deliver those vehicles to customers.
The Sunday Times' tech correspondent Danny Fortson brings on Patrick Hessel, chief executive of Aeromobil, to talk about the company's flying car (4:10), why he thinks the world needs it (9:00), the business model (12:00), fender benders (14:40), trying to raise money (16:10), who they are marketing to (19:25), going from investor to chief executive (25:00), the EVTOL boom (26:35), and what keeps him up at night (32:40).
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