Invest Like the Best with Patrick O'Shaughnessy

Mark Groden - The Future of Flying - [Invest Like the Best, EP.374]

74 snips
May 21, 2024
Mark Groden, Founder and CEO of Skyryse, is on a mission to make general aviation as safe as commercial aviation. He shares insights on the safety challenges uniquely faced by helicopters and advances in technology aimed at reducing accidents. Groden discusses his innovative SkyOS and the role of automation in making flying more accessible. He also reflects on the potential for increased public confidence in air travel as safety measures improve, ultimately striving to transform personal air travel into a routine experience.
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ANECDOTE

Flying Car Dream

  • Mark Groden's grandfather sent him a 1957 Popular Mechanics article about flying cars, sparking his lifelong fascination with aviation.
  • This, coupled with his grandfather's death, fueled his mission to make aviation safer and more accessible.
INSIGHT

General Aviation Safety Gap

  • General aviation (GA), including helicopters and smaller planes, has a significantly higher accident rate than commercial aviation.
  • This stems from a lack of automation and the high skill level required to fly GA aircraft.
INSIGHT

Why GA Lacks Automation

  • Commercial aviation's safety has improved drastically due to advanced automation and highly trained pilots.
  • General aviation lacks this automation, using largely mechanical systems since the Wright brothers.
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