Flying Car Company Signs Deal for Vertiport Development


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Volatus Infrastructure, which develops takeoff and landing facilities for flying cars, has signed a memorandum of understanding with an Australian flying car maker to be its infrastructure partner. The deal would help enable flying car maker Ace VTOL to expand its business in the growing market for eVTOL (electric vertical takeoff and landing) vehicles. Ace, in Perth, Australia, recently received a $250 million order for its vehicles to be sold in American flying car showrooms. Ace is developing electric aerial vehicles (EAV) ranging from air taxis to high-speed flying craft. The Ace aircraft, called GT Slipstream, is a two-seater flying car promising speeds of up to 270 mph with a range of 300 miles on a charge.