Page 4 - AVALON 2023 - Day 1 | DAILY NEWS

compared to something like 30 minutes if
© Pegasus International Group
only batteries are used.

Pegasus, founded in 2009, is one of
only two manufacturers in the world to
have obtained national airworthiness
certification.

Pegasus’ models available today are sin-
gle-seaters, but by the end of the year a
four-seater air taxi prototype will be com-
pleted. Other projects on the trot are a
freight flying car and an air ambulance.

Other technology being integrated into vehi-
cles is autonomous navigation. This is vital
in broadening market appeal, because then
there will be no need for a trained helicopter
pilot to fly the cars.

Pegasus has been engaging with the
Australian government and local univer-
sities to explore common interests in
urban transport policy, trade relations and
technology development. Yang explained,
‘We’re not trying to invent regulations as we
PEGASUS ISN’T go. As we design, we thought about how we
can fit into this existing regulation.’

HORSING AROUND Pegasus is gearing up for the 2032 Brisbane
Olympics, which it sees as a seminal event
for air mobility. ‘We are convinced that
Pegasus’ police flying cars and air taxi, air
WHEN IT COMES TO logistics and air ambulance products will
provide superior security, passenger and
freight transport, and emergency response
FLYING CARS! services and contribute greatly to the suc-
cess of the 2032 Brisbane Olympics.’

Melbourne-based Pegasus International Yang explained, ‘Pegasus is not just about Pegasus is looking for investment to fund
Group is exhibiting its innovative flying cars flying somewhere, but it’s about saving rapid expansion, and it is eyeing markets
at Avalon Airshow 2023, one a civil aviation time.’ It is thus ideal for avoiding traffic like the UAE that are very receptive to urban
variant and another decked out in police congestion, for example, or for a landowner air mobility.
markings to reflect its pitch to the Victorian to get from one side of his sprawling rural
Police. property to another. The firm concluded: ‘Pegasus is convinced
that in the near future, the opportunity to
Many might think flying cars are a figment Looking like a single-seater sports car able leverage three-dimensional space to allevi-
of the future, but Pegasus is making them to fit into any parking slot, the vehicles have ate surface congestion and capacity issues
a reality now. Jacky Yang, Chief Technology retractable 5.285m-diameter rotor blades will lead to the establishment of networks
Officer at Pegasus, said the company has that allow it to soar into the sky via a 160hp of flying cars dedicated to critical activi-
recorded ten sales already, and the first two engine. The advantage of VTOL is that no ties such as rapid passenger transport,
cars will be delivered to customers in April. runway is needed. sensitive freight delivery and emergency

Pegaus claims to offer the world’s only ver- Utilising carbon composites, titanium and response. These networks will become an
integral part of urban and regional transpor-
tical take-off and landing (VTOL) car that is aircraft-grade aluminium, the flying cars tation in Australia and globally.’
truly roadworthy. Yang said the flying cars have a dry weight of just 265kg. They can
are 100% Australian designed and, ‘We are reach top speeds of 160km/h in the air,
very proud that it is extremely easy to fly.’ whereas a 130km/h cruising speed would Fiction? Morgan Stanley in a 2021 report
permit a theoretical range of 420km. Its anticipated that this urban air mobility
The first E-Class model flew in 2017, and ceiling is 1,800m. sector will be worth USD1 trillion by 2040.
the Pegasus CES was released in 2020. This sector is set to boom.
Yang noted that the company is now gain- The advantage of a hybrid engine is that
ing traction, after having weathered COVID. they have an endurance of three hours, Order your flying car today!
4 | FEBRUARY-28-2023 WWW.GBP.COM.SG/DAILY NEWS