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Callen-Lenz consortium gains £1 million funding for flight-control research
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Research led by Callen-Lenz into flight control systems for next-generation novel aircraft awarded £1m Government support
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New aircraft developed in SA set to revolutionise business travel globally
Pegasus Universal Aerospace founder and CEO Dr Reza Mia describes the development of the Pegasus Vertical Business Jet, which combines and enhances the characteristics of a helicopter with the luxury, range and speed of a business jet. 21:26
NOMPU SIZIBA: The Pegasus Vertical Business Jet, which is being developed in South Africa, is moving into its next phase of development. This development seeks to make an aircraft that combines and enhances the characteristics of a helicopter with the luxury range and speed of a business jet. The concept has been patented in South Africa, Europe and the United States. As further work continues to develop the aircraft, Pegasus Universal Aerospace is looking to raise funds with an offer to investors of a profit-sharing arrangement.
TAKE A LOOK | A SA team wants to develop a vertical jet Business Insider SA
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Image supplied by Pegasus Universal Aerospace
A Johannesburg company is hoping to develop a small jet that can take off and land from a standing position.
After a successful hover demonstration of a 1/8-scale model in 2020, the vertical take-off and landing aircraft is eyeing another major test flight next month.
The company says it has already spent around R25 million on researching and developing the unique jet.
For more stories go to www.BusinessInsider.co.za.
A Johannesburg-based aviation company is hoping to develop a small jet, which can take off and land from a standing position, much like a helicopter.
The measure of: Pegasus Vertical Business Jet
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