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A new way of commuting is closer to taking off in the US [FOX Business Network]

Vertical Aerospace Ltd. (EVTL) 
"It will transform urban transport around the great cities of the world," said Stuart Simpson, CEO of Vertical Aerospace, as the company unveils its next-generation electric air taxi in the U.S. designed to move passengers across congested cities in minutes instead of hours. U.K.-based Vertical Aerospace is developing an electric vertical takeoff and landing aircraft, or eVTOL, aimed at easing gridlock in megacities like New York, Los Angeles and Tokyo, where ground transportation is increasingly stretched to its limits. Flying up to 150 mph with a range of roughly 100 miles, the aircraft is designed to seat four passengers in a premium configuration, with the flexibility to accommodate up to six standard helicopter-style seats. It can carry multiple roller bags and personal items, making it suitable for airport transfers and short regional trips. The aircraft's propulsion system is engineered to be significantly quieter than traditional helicopters, an important factor for reg Show less Read more
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