Originally published: Air Traffic Management, 11 January 2023
A new survey (1) amongst private equity and venture capital professionals revealed that 82% expect public confidence in the eVTOL sector to increase over the next three years with 18% expecting a dramatic increase. The survey was conducted by Horizon Aircraft, an innovative leader in eVTOL vehicles.
When asked for the reasons why they believe there is increasing public confidence, 80% cited the fact that there is a growing acceptance that the first eVTOL flights will have qualified pilots, and this is followed by 69% who said major developments around regulation of the sector. Other factors include more high-profile media coverage of successes in the sector, more successful passenger and cargo VTOL trials, and a growing number of larger companies becoming involved in the sector.
1) Horizon Aircraft commissioned the market research company Pureprofile to survey 100 senior private equity and venture capital professionals to capture their views on their eVTOL market. Respondents were based in the US, Canada, UK, Australia, New Zealand, China, Hong Kong, Germany, and the UAE. The survey was conducted online in November 2022.