Alauda, an Australian start-up (founded 2016), is providing the technology to underpin the Airspeeder. Matt Pearson (CEO of Airspeeder) aims to bring FORMULA 1 to the Sky.
PAST WILL READILY REVEAL THE ANSWERS IT HOLDS TO THE FUTURE
Aeroplane development accelerated in the early 1900s via racing and competition. Otherwise, the development of the industry would never be so quick.
Matt Pearson, inspired by the history of aviation decided to change the business model the major industry players follow these days (facing significant regulation and administrative challenges) – and to beat the competition and overcome the certification barriers via bringing #flyingCars to the high-speed air races market.
The business model operates a little like Formula E: once the technology receives full approval following testing, Alauda will provide the hardware to multiple teams to the manufacturer and develop their own "speeders", or multicopters, set their strategies and draft their own pilots. "The speeders will then use the track in the Sky in intense head-to-head competitions as a way of exploring the limits of the technology».