6 days ago
- Business
- AU Financial Review
Flying cars worth $3m on sale by 2030
Australian electric aircraft start-up AMSL Aero says customers will be able to buy and fly their planes by 2030, but that it isn't interested in becoming an Uber-style flying taxi business.
The eight-year-old start-up has appointed former Zoox executive Adriano Di Pietro as chief executive and is preparing to go to market for additional funding in a capital raise led by Allunga advisory. Zoox is an autonomous vehicle business in Silicon Valley which was bought by Amazon for $US1.3 billion ($2 billion) in 2020.
