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Texas-based eVTOL developer Jaunt Air Mobility has found a new customer in Korean startup MintAir. The companies have signed a letter of intent that would see MintAir purchase up to 40 of Jaunt’s eVTOL aircraft for deployment in the Korean market. MintAir will also serve as Jaunt’s exclusive advanced air mobility (AAM) partner in the region.
Based in South Korea, MintAir is an AAM startup with intentions of launching air taxi operations in several Korean markets using electric rotorcraft with a single main rotor, such as the Jaunt Journey eVTOL aircraft.
“Our mission is to develop the safest advanced air mobility service in both urban and rural environments based on sound ESG [environmental, social, and governance] management,” said Eugene Choi, CEO of MintAir. “Jaunt Air Mobility is committed to those same principles throughout the aircraft’s lifecycle, and we are confident the Jaunt Journey will transport the public with the highest level of safety.”
Jaunt is developing an all-electric and hybrid-electric VTOL aircraft that, along with passenger services, can be used for cargo delivery, military missions or medical transport.
The aircraft will be designed and manufactured in Montreal, Quebec. Earlier this year, the Texas startup also turned to Canada to open a new research and development center in partnership with L&T Technology Services Limited.
In addition to the Korean market, Jaunt also plans to have its eVTOL used for air taxi services in Canada by 2026 through a partnership with vertiport developer Vertiko Mobility.
“The Jaunt Journey’s aircraft design offers the safest air taxi configuration that is operationally efficient, quiet, and sustainable,” said Martin Peryea, CEO of Jaunt.
As part of the AIRO Group of companies, Jaunt could stand to financially benefit from its parent company’s plans for an initial public offering (IPO), announced earlier this month. AIRO hasn’t yet revealed the number of shares it plans to offer or the price range for the proposed offering.
It just looks wrong -the drooping wings and tip props spells trouble . The Cartercopter was designed for high altitude and long range – a mismatch to skyscraper hopping in cities . The massive tip weights shown at oshkosh in 1998 were staggering ,the propensity for disaster with that huge stored energy is very worrying. The current evtol craze will come to an end one way or another but it will not ‘revolutionise’ anything –cartercopter/jaunt is a step back to the 1930s winged autogyros ,worse than helicopters that are also too expensive and limited.
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