Volocopter signs a partnership with Japan Airlines to develop and launch air taxi services in Japan, exploring business opportunities using eVTOL.
In February 2020, Japan Airlines Innovation Fund invested in Volocopter, which is aiming to create and bring next-generation electrically powered air taxis and heavy lift cargo drone technology to the market, as part of their Series C funding round.
The agreement outlines that Volocopter and JAL work on permanent sustainable commercial operations of air taxis in Japan. By establishing local partnerships, jointly approaching Japanese cities and prefectures and working on market demand and social acceptance, JAL and Volocopter will prepare for commercial launch in Japan within the next 3 years.
Volocopter GmbH, The pioneer in Urban Air Mobility, is developing urban air taxi services to add a new dimension of mobility to megacities. They are developing next-generation battery powered air taxis and heavy lift drones (eVTOL – electric Vertical Take-off and Landing aircraft).
JAL will provide their in-depth knowledge accumulated via safe aircraft operation experience to a next-generation air mobility operation platform service. In addition, through air mobility services, JAL aims to deliver medical care in remote areas to achieve key sustainable development goals.
At the end of September, JAL, Mitsui Sumitomo Insurance, and MS&AD InterRisk Research & Consulting, who are all invested in Volocopter, also announced a collaboration to accelerate Volocopters entry into the Japanese Market. The collaboration of airline operator, insurance provider, and business development partners as well as an urban air mobility pioneer makes this approach a sustainable and promising one.