CEO Dennis Muilenburg Comments on Boeing’s Entry to eVTOL Market

3 March 2018 || 1 min read

The Boeing Co.’s CEO Dennis Muilenburg commented “I think it will happen faster than any of us understand” when asked about the time frame for commercialized air taxis and autonomous urban VTOL transports. Boeing’s recent acquisition of Aurora Flight Sciences now means that Boeing owns stake in Uber’s Elevate Initiative since Aurora Flight Sciences is an existing partner with Uber on the project. A recent study by Deloitte estimates that by the early 2020’s five to eight passenger eVTOL’s will be commercially implemented in urban areas, and supports increasing industry sentiment that personal vertical urban transportation is growing towards fruition at a faster rate than initially predicted.

Related Links:

• https://www.bloomberg.com/news/articles/2018-03-01/boeing-is-getting-ready-to-sell-flying-taxis-within-a-decade
• http://theuavdigest.com/uav192-uber-air-taxi-uav/
• https://www2.deloitte.com/content/dam/insights/us/articles/4339_Elevating-the-future-of-mobility/DI_Elevating-the-future-of-mobility.pdf