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Home Manufacturing

Markets: LTTS to set up Quebec R&D centre for next-gen electric aircraft manufacturer

Fiinews by Fiinews
April 23, 2022
in Manufacturing, Markets
Reading Time: 3 mins read
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Martin Peryea, CEO (left) of Jaunt Air Mobility signs an agreement with Amit Chadha, CEO & MD of LTTS (right)

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Peryea says Jaunt vision is to usher in a range of new-age aircraft-driven urban commuting

L&T Technology Services Limited (BSE: 540115, NSE: LTTS) will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services for the Jaunt Journey eVTOL (electric Vertical Takeoff and Landing) air taxi.

This is part of a multi-year US$100 million+ electric air mobility deal LTTS has signed with Jaunt Air Mobility.

Under the purview of Jaunt’s Urban Air Mobility (UAM) business focus, LTTS will offer global engineering services to support and build the Jaunt Journey.

Collectively these will encompass technology areas such as power distribution system, air data management, cockpit display system, flight control system, battery management, electrification, power electronics, structural design, stress analysis, testing, certification, and manufacturing engineering.

Jaunt is rolling out a new generation of sustainable aircraft to meet the growing demand for faster urban and regional travel. The Jaunt Journey takes off like a helicopter and transitions to flying like a fixed-wing plane using patented Slowed-Rotor Compound technology.

These new air taxis will make it possible to travel more than 110 km in the air in 25 minutes or less, with trip costs affordable to the public.

The Jaunt Journey, single-pilot aircraft, will carry four passengers. The vehicle will offer urban air mobility, cargo delivery, military missions, and medical transport.

Martin Peryea, CEO & CTO, Jaunt, said on 21 April 2022, “At Jaunt, our vision is to usher in a range of new-age aircraft-driven urban commuting that is fast, safe, and convenient.

“This new clean, sustainable aircraft will reduce carbon emissions worldwide. Strategically, we are continuing to grow our Tier 1 partnerships and recognize LTTS as a best-fit engineering partner, and together we are confident of pushing the mass-scale commercialization.”

Eric Côté, President, Jaunt Air Mobility Canada, elaborated, “The proposed Green Aerospace strategy created by federal and provincial governments makes it a perfect match for LTTS and Jaunt to offer end-to-end engineering support in structural design analysis and certification to develop the Jaunt Journey all-electric VTOL aircraft.

“LTTS has a history of working in Canada and can appreciate the potential behind this favorable environment.”

Amit Chadha, Chief Executive Officer & Managing Director, L&T Technology Services, commented, “This deal is a milestone for team LTTS in view of the tremendous opportunities opening up in UAM and drone services which are emerging as alternatives to the increasingly congested on-ground mobility in cities.

“LTTS has a track record of developing high-performance engineering solutions for global Aerospace and Defense for over a decade and has supported critical defense programs in the past.

“We believe this program will set the benchmark for future UAM projects and our team is excited to build on this important engagement with Jaunt, with the eventual aim to make urban commuting safer, greener, efficient and reliable.”

Jaunt Air Mobility LLC is a transformative aerospace company headquartered in Dallas, with design and manufacturing in Montreal. Jaunt is building the best in the next generation of eVTOL (electric Vertical Takeoff and Landing) and hybrid-electric VTOL aircraft for faster travel over urban areas, moving people and packages.

Jaunt is the global leader in Slowed-Rotor Compound (SRC) technology. The Jaunt Journey is the world’s first aircraft combining helicopter and airplane flight capabilities. Together with Tier 1 aviation partners to develop the Journey, Jaunt intends to work with operators globally to provide this new form of travel. Jaunt offers the safest, quietest, most comfortable, and operationally efficient aircraft with a zero-carbon footprint. fiinews.com

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