On the road with a flying car - someday reality

On the road with a flying car - someday reality
(PresseBox) ( Herisau, )
Around 250 companies make up the advanced air mobility industry.

Electric aircraft and associated infrastructure, operational in cities around the world, is what companies are aiming for. It seems that the next revolution in aerospace is just around the corner. The development of flying cars relies on sustainability, on-demand services, and also investors willing to put up a lot of money. And - very importantly - the necessary technology is available. A key consideration in this context is battery technology. They are gradually becoming affordable, so the economic viability of powering these vehicles makes sense.

The background is the carbon footprint, which needs a change in the transport network to solve the problem of climate change. Flying cars will not replace public transport, but for certain types of travel, air mobility vehicles can help to avoid emissions. Here one could think of inner-city flights to the airport for instance. Of course, there would still be a high price to pay for this. For a business traveller in a hurry, it may be suitable, but for an average consumer it will only be suitable when general accessibility can be created, and prices become affordable.

Another prerequisite is an infrastructure, because air cars have to perform a lot and therefore need a lot of energy, preferably from renewable sources. Lithium is needed for the batteries. Millennial Lithium - https://www.youtube.com/watch?v=mc8deysBqY8&t=1s -, for example, has this in its Pastos Grandes lithium project in Argentina. Research and development are also being carried out worldwide into hydrogen technology and fuel cells. This requires the raw material platinum.

This is produced, for example, by Sibanye-Stillwater - https://www.youtube.com/watch?v=Gm0CzBhIVDc -, also a major gold producer, in South Africa or the USA.

Latest corporate information and press releases from Millennial Lithium (- https://www.resource-capital.ch/en/companies/millennial-lithium-corp/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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