Tror Ross Perot Jr. kjøpte en norsk F-5A.
Tipper at det ikke var mange som snakket om the downside, nemlig at det ikke finnes noen legislation gjeldene for UAM per d.d. (Red.)
What we learned about the future of flying cars, drones and more at
an exclusive North Texas summit
Aviation entrepreneurs, investors and leaders in the future of flight
convened at a North Texas ranch this week to work toward a shared goal: Making
it possible for more people to soar through the skies.
Wearing cowboy hats and sipping cocktails, the roughly 160 attendees
updated one another on progress they've made in the development of air taxis,
sophisticated drones and other electric-powered aircraft. They delivered
"lightning talks," showed off slick videos and got an up-close look at
prototypes. And they spoke candidly about challenges that remain: developing a
better electric battery, getting regulatory approval and winning over skeptical
members of the public.
The invitation-only summit Wednesday and Thursday was part ideas
festival, part investor pitch and part networking event. But above all, it was a
rally for believers in the maturing, but still nascent air taxi industry. The
Dallas Morning News was one of just a few media outlets granted
access.
The exclusive UP summit was thrown by aviation entrepreneurs and
investors Ben Marcus and Cyrus Sigari. It was co-hosted by Dallas' Ross Perot
Jr., an avid aviator and real estate developer, in a giant barn on his Circle T
Ranch in Westlake.
The list of attendees was the Who's Who of futuristic aviation,
including Nikhil Goel, who has helped lead Uber's air taxi effort; Erik
Lindbergh, grandson of famed flyer Charles Lindbergh; Dean Kamen, inventor of
the Segway; former Federal Aviation Administration officials and leaders of
major companies like Bell, Rolls Royce, Airbus and Boeing. Sigari estimated
there was over $100 billion of investable capital in the room.
The summit was filled with Texas touches, such as a dinner of prime
rib and roasted whole pig, a live country band, a photo-op with a longhorn and
fittings of Cavender's cowboy hats. A private flight show of a F-5E Tiger II
fighter jet kicked off the summit's opening night. The lineup featured former
President George W. Bush, Tesla co-founder JB Straubel and record-breaking
stuntman and skydiver Luke Aikins, who jumped from 25,000 feet without a
parachute.
Marcus and Sigari, both 37 and from Santa Monica, Calif., met when
they were 11 years old. Marcus is an Israeli Jew and Sigari is an Iranian
Muslim, but they shared a fascination for aviation and became lifelong friends.
They attended college together and later co-founded private jet broker,
JetAviva.
About three years ago, they started the summit to gather together the
brain trust behind electric vertical take-off and landing aircraft or eVTOLs.
They held the first summit in a living room in Jackson Hole, Wyo., with about 30
attendees. They threw the second summit with about 100 attendees with aviation
entrepreneur Steuart Walton, grandson of Walmart founder Sam Walton, in the
retail giant's hometown of Bentonville, Ark.
All attendees are hand-picked by Sigari and Marcus. Many flew there
on private jets. Sigari, Marcus and Perot picked up the tab - along with
sponsorships by companies including Bell and Honeywell.
The summit isn't just about flying cars, but also cargo-carrying
drones and technology improvements, such as autonomous systems, to make them
possible.
At the summit's opening dinner, Marcus said he and Sigari are
inspired not just by flying's novelty, but also by its impact. As kids, they
volunteered for a nonprofit called Angel Flight that provides free flights to
people who need medical treatment far from home. As they grew up and became
flight instructors, they flew over congested Los Angeles.
"We used to look down at the highways and see these miserable people
stuck in traffic and think, 'Why are we the only ones in the sky and why are
they all down there? How can we get them up here to enjoy the sky with us?' "
Marcus said.
He said the room of innovators and investors could change an
eye-opening statistic: Only one in five people in the world have ever taken
flight.
Sigari said the summit has grown, but it won't get much larger. He
turned down about 400 others who wanted to attend. He said the intimacy of the
summit is what allows all of the executives, entrepreneurs and investors to get
to know one another and feel comfortable enough to speak candidly.
For some startups, the event has led to valuable connections. Clint
Cope, co-founder of San Francisco-based Elroy Air, said he met his first
investor at the Wyoming summit. His company is developing autonomous aircraft
that carry heavy cargo. He said the summit is a morale boost and a way to
promote momentum for all companies, even competitors.
"Everybody is in a bit of a frenemy stage now," he said. "You want to
help people along the way, so you have a critical mass."
One of the first big names to sign on to the UP summit was
then-Wyoming Gov. Matt Mead. He attended the first summit in his home state. As
governor of a predominantly rural state, Mead said he understood how smaller,
electric-powered aircraft could make life easier.
In conversations with the public, he said he has found people are
quick to bring up barriers. They ask about safety risks, noise and visual
clutter in the skies.
While those challenges are real, he said, aviation executives and
entrepreneurs must also help the public understand the societal benefits. What
would the aircraft mean for the environment? How could they spur economic
activity in rural communities? Could they free up funds for states to invest in
education rather than highways? And what would it mean if parents could spend an
extra hour a day with their children instead of commuting?
An air taxi industry
The pursuit of an air taxi industry has taken off in recent years,
particularly with a push by Uber. Three years ago, the San Francisco-based
company published a white paper and pledged to make a Jetsons-like vision of
flying cars real. It hosted its first Uber Elevate Summit in Dallas in 2017 and
announced that Dallas-Fort Worth would be one of the service's first
markets.
It laid out an aggressive timetable of starting flight demonstrations
next year and launching limited commercial service in 2023. At launch, Uber's
air taxis will have a pilot - but the company wants them to eventually become
autonomous. Uber is working with several partners, including Fort Worth-based
Bell.
This summer, the company launched Uber Copter in New York City to
learn how to synchronize seamless passenger trips that begin in a car on the
ground, continue in the skies and end on the ground again. The one-way trip
between Lower Manhattan and John F. Kennedy International Airport costs between
$200 and $225 a person.
More than 200 companies from venture-backed startups to major
corporations are now developing electric vertical-lift aircraft. Big tech names
have put their money into the effort. For example, Google co-founder Larry Page
is funding two startups, Kitty Hawk and Opener. And larger companies, such as
Boeing, are snapping up smaller startups through acquisitions and building
aircraft of their own.
Urban air mobility - from passenger travel to military and cargo
applications - could grow into a $1.5 trillion market by 2040, according to a
Morgan Stanley research estimate.
Perot, who flew the first round-the-world flight by helicopter in
1982, is among those who saw the business opportunity. For the past few years,
his real estate company Hillwood has worked with Uber to help identify sites
where air taxis could take off and land. One will be Frisco Station, a Hillwood
development near the Dallas Cowboys headquarters.
The real estate developer is also turning AllianceTexas, his giant
mixed-use residential and commercial development in Fort Worth, into a testbed
for the future of mobility. It wants companies to test their drones and air
taxis there. The master-planned development is larger than the island of
Manhattan and home to hundreds of companies, including Facebook's data center
and a regional hub for Amazon. It also has a large industrial airport, Fort
Worth Alliance.
Circle T Ranch - where the summit was held - is part of
AllianceTexas. Hillwood and Bell offered free helicopter tours of the property
to attendees.
Perot said he keeps up with progress in the air taxi industry, but it
has exceeded the pace that even he imagined. He pointed to other examples of how
social norms have changed with the emergence of new kinds of
mobility.
"One day, we will hop into an air vehicle and fly around without a
pilot and not even think about it," he said. "The first elevators had operators
because people were afraid to get in an elevator and just punch a button. Now,
look how it's changed today."
'The vertical dimension'
Austin-based Lift Aircraft showed a prototype of its flying vehicle,
Hexa. It looks like a large drone, but has a cabin for a single passenger. It's
light enough that FAA regulations allow it to be flown without a pilot's
license. It has software to simplify flying for a layperson and safety features,
including a built-in ballistic parachute.
The company will initially use it as a form of entertainment or a
tourist attraction, CEO Matt Chasen said. Thousands of people have reserved a
ride, which will cost $249 for a 10-15 minute ride. It will begin offering rides
on a cross-country road trip later this year or in early 2020.
Eventually, Chasen said, he imagines putting the vehicles in
different parts of cities and allowing people to request rides through a
smartphone app.
Martine Rothblatt, founder and CEO of biotech company United
Therapeutics, accepted an award for her leadership. Rothblatt, co-founder of
Sirius Satellite Radio, started the biotech company after her young daughter was
diagnosed with pulmonary arterial hypertension. The company went on to discover
a medication for that condition. Now, it's developing new ways to repair and
manufacture lungs and other organs to multiply the number of people who can
receive transplants.
Rothblatt is financially backing two electric aircraft companies,
Chinese manufacturer Ehang, and Vermont-based Beta Technologies. They're
developing electric-powered aircraft that can transport the company's
life-saving organ donations in a way that doesn't harm the environment or public
health.
In a speech, Rothblatt referred to a saying by Albert Einstein that
problems can't be solved at the same level of thinking. She encouraged the group
to keep striving "until we are all thriving in the vertical dimension."
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