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April 22, 2022

LTTS secures $100m electric air mobility deal from Jaunt

The Indian tech firm will set up a new R&D facility in Québec, Canada, where it will offer engineering services and technology.

India’s L&T Technology Services (LTTS) has secured an electric air mobility deal worth more than $100m from US-based aerospace company Jaunt Air Mobility (Jaunt).

Under the contract, LTTS will set up an engineering and research and development (R&D) centre in Québec, Canada, to provide engineering services for the Jaunt Journey, which is Jaunt’s electric Vertical Takeoff and Landing (eVTOL) air taxi.

Jaunt CTO and CEO Martin Peryea said: “At Jaunt, our vision is to usher in a range of new-age aircraft-driven urban commuting that is fast, safe and convenient. This new clean, sustainable aircraft will reduce carbon emissions worldwide.

“Strategically, we are continuing to grow our Tier 1 partnerships and recognise LTTS as a best-fit engineering partner, and together we are confident of pushing the mass-scale commercialisation.”

Jaunt claims that its new aircraft will take off like a helicopter, before transitioning to flying like a fixed-wing plane using patented Slowed-Rotor Compound technology.

Jaunt Journey will be a single-pilot aircraft with passenger seating capacity. It will be able to fly more than 110km within 25 minutes.

LTTS will support the project by offering a power distribution system, air data management, cockpit display system, flight control system and battery management.

Its offering will also include electrification, power electronics, structural design, stress analysis, testing, certification and manufacturing engineering.

LTTS managing director and CEO Amit Chadha said: “This deal is a milestone for team LTTS in view of the tremendous opportunities opening up in urban air mobility (UAM) and drone services, which are emerging as alternatives to the increasingly congested on-ground mobility in cities.

“LTTS has a track record of developing high-performance engineering solutions for global Aerospace and Defence for over a decade and has supported critical defence programmes in the past.

“We believe this programme will set the benchmark for future UAM projects and our team is excited to build on this important engagement with Jaunt, with the eventual aim to make urban commuting safer, greener, efficient and reliable.”

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