PROTOTYPE 1 HYBRID SERIES
This innovative vertical wing system rotates to reveal a series ducted fans allowing the aircraft to takeoff and land vertically. Key amongst those systems is the Cavorite X5’s patented wing system that allows it to fly a portion of its route like a normal aircraft. The primary objective for the 1:2 scale eVTOL prototype’s test flights will be to verify aerodynamics, control systems and transitional flight. This milestone positions the Company to launch its next phase of scale prototype production, with Astro on schedule to complete its first full-sized aircraft by Q1 2024. The Company is now shifting focus to production of their 1:2 scale prototype that is already under development and are targeting Q1 2022 to begin test flying. Morgan Stanley research expects eVTOL industry growth to reach $1.0 trillion by 2040, $9 trillion by 2050ĭallas, J(GLOBE NEWSWIRE) - Astro Aerospace (OTCQB: ASDN) ("Astro" or the "Company"), a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft ("Horizon"), a developer of advanced hybrid electric Vertical Takeoff and Landing (eVTOL) aircraft, today announced the completion of their 1:6 scale eVTOL prototype testing program, culminating in hundreds of test flights over multiple aircraft.
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