From Volocopter Press Release
German Urban Air Mobility company Volocopter (Bruchsal) and Southeast Asia’s super app Grab (Singapore) announced that they will conduct a joint feasibility study on urban air mobility as part of a Memorandum of Understanding (MOU) to explore the prospect of urban air mobility solutions in the region’s megacities.
The feasibility study will look into the most suitable cities and routes to deploy air taxis in Southeast Asian cities; evaluate the best use cases for air taxis, and explore the possibility of joint flight tests, among other things.
The findings will lay the groundwork for potential future cooperation between both companies which could include launching services related to urban air mobility. Both companies aim to help solve mobility issues and improve the quality of life through technological innovations.
Florian Reuter, CEO of Volocopter: “This cooperation is another important step towards the commercialization of Urban Air Mobility in one of the most traffic congested regions of the world. Together, we will learn from unprecedented insights into the economic and societal opportunity of launching our services on the hottest routes in the Southeast Asian Market. This collaboration also offers the potential for a much larger cooperation which could eventually extend intermodal mobility to the skies.”
Volocopter has been pioneering the development of urban air mobility since the company proved in 2011 that electrically powered vertical flight is indeed possible for humans. With flights in Dubai, Las Vegas, Helsinki, Stuttgart, and most recently Singapore, the technology is maturing towards certification quickly. For the flight over Singapore’s Marina Bay, the company worked closely with the local Civil Aviation Authority of Singapore (CAAS). Recently, Volocopter has been certified as a Design Organisation by the European Union Aviation Safety Agency (EASA) and works in close collaboration with them to receive the necessary permits to start commercial operations.
Chris Yeo, Head of Grab Ventures, said: “As a superapp that operates across 339 cities in Southeast Asia, Grab has gathered traffic patterns and customer insights in the region that can help our teams come up with the most innovative mobility solutions to plug the gaps in the transport landscape. This partnership will enable Volocopter to further develop urban air mobility solutions that are relevant for Southeast Asian commuters so they can decide on their preferred journey option based on their budgets, time constraints and other needs, in a seamless way.”
Why it’s important: This partnership is hugely important for both Grab and Volocopter since the TAM in Singapore and southeast Asia for aerial mobility applications is quite large – and the pace of aerial mobility technology development in those areas is extremely quick as well. Volocopter’s continued efforts to expand their global reach and become a commonly-known air taxi and mobility company (for now in the realm of the aerial mobility industry, at least) is furthered by the announcement of this MOU.