Terra Drone Enters Air Taxi Business

Akihabara News (Tokyo) — Terra Drone has flagged its interest in entering the air taxi business by forming a tie-up with AirMobility, both of them Tokyo-based technology firms.

Terra Drone is an established player in its industry, was recently selected as the world’s No. 1 industrial drone service company in the Drone Service Provider Ranking 2020, compiled by Drone Industry Insights.

AirMobility is a newer firm, established in August 2019, aiming to build infrastructure for sales and services of future flying cars and taxis, also called eVTOL (Electric Vertical TakeOff and Landing).

The two companies have released no details about the full scope or possible financial terms of their agreement, but it does signal that this grouping will become one of Japan’s most serious players in the air taxi space, given Terra Drone’s established heft.

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