The advanced air mobility sector, which includes electric-powered urban and regional aircraft, may become a $1.5 trillion market by 2040.
The advanced air mobility sector, which includes electric-powered urban and regional aircraft, may become a $1.5 trillion market by 2040. A new Purdue University-connected startup could benefit airport and vertiport operators and real estate developers looking to establish advanced air mobility technology at existing and potential sites.
Purdue University postgraduate students have launched Aerovy Mobility, a startup company that commercializes cloud-based software solutions to plan and operate infrastructure that charges electric aircraft with renewable energy.
Nick Gunady is Aerovy Mobility’s CEO, a PhD candidate in Purdue’s School of Aeronautics and Astronautics and research assistant in Purdue’s Center for Integrated Systems in Aerospace. He said improvements in battery energy technologies have improved enough to make electric propulsion technically feasible and economically viable. This includes urban air mobility, which uses electrical vertical takeoff and landing vehicles, and regional air mobility, which may use traditional aircraft configurations that travel greater distances.
Read more at: Purdue University
The Aerovy Mobility team, from left, includes Seejay Patel, Austin Lu, Keshav Iyengar and Nick Gunady. The company’s AATLAS and VEMS cloud-based software solutions help users to plan and operate infrastructure that charges electric aircraft with renewable energy. (Photo Credit: Aerovy Mobility)