Tuesday, May 19, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
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
A A
0
LTTS-Jaunt

Martin Peryea, CEO (left) of Jaunt Air Mobility signs an agreement with Amit Chadha, CEO & MD of LTTS (right)

0
SHARES
10
VIEWS
LinkedinShare on Twitter

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

Tags: LTTS
ShareTweetShare

Related Posts

Articore
Markets

Market: Articore acquires Frankly Wearing

by Fiinews
May 19, 2026
0
13

Acquisition accelerates Vivek Kumar’s technology roadmap ASX-listed Articore, which owns and operates popular global marketplaces Redbubble and TeePublic from Dockland,...

ASML
Manufacturing

Manufacture: Tata-ASML partnership signed

by Fiinews
May 18, 2026
0
13

Gujarat facility to make Dutch-led semiconductors Prime Ministers Narendra Modi and Rob Jetten have welcomed Tata Electronics and ASML partnership...

PIB

Market: Indian-Swedish talks held in Gothenburg

May 18, 2026
17
Canon

Market: Canon expands footprint in India

May 17, 2026
20
HZL-Vedanta

Manufacture: AI to drive industrial leadership

May 17, 2026
14
PIB

Manufacturing: electronics output grows to Rs13lcr

May 17, 2026
18
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Articore acquires Frankly Wearing
  • Technology: Amtech Bengaluru offers practical AI
  • Tender: India-US discuss nuclear projects
  • Export: Minister wants $5trn Indian supplies globally
  • Invest: Norway offers $100bn to Indian economy

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.