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Another private investor sees potential for flying car

The AeroMobil flying car will be presented at prestigious 52nd International Paris Air Show 2017.

(Source: AP/TASR)

AeroMobil, Slovakia’s flying car designer, has attracted another private investment. It was announced on June 9 that Martin S. Hauge, a well-known European venture capitalist, will invest an undisclosed sum into its development. In April, the company confirmed an investment from Patrick Hessel, founder and CEO of c2i, a manufacturer of composite parts for the aerospace and automotive industries.

AeroMobil sees growing prospects and interest from investors following the recent launch of the next generation AeroMobil flying car.

“I have been following the AeroMobil story for some time and having seen the launch of AeroMobil it is now the right time to invest in the company’s vision and strategy,” said Hauge as cited in the AeroMobil press release. “I have worked with numerous inspiring entrepreneurs over the years and meeting the AeroMobil team it is clear they have the passion, expertise and commitment needed to disrupt the personal transportation sector. I look forward to helping and supporting the team going forward.”

Read also: Read also:Slovak AeroMobil starts taking pre-orders for its flying car

Hauge has a long track record both as a successful entrepreneur and venture capitalist; as former General Partner in Creandum for 11 years, investing in several respected start-ups including iZettle and Spotify. He is currently non-executive chairman at London based Frog Capital Ltd and No Isolation AS and still serves on the Board of Creandum GP. Previously he has worked with start-ups in the automotive sector building and selling Autobutler to the PSA Group, the carmaker behind the brands Peugeot, Citroën and DS. Hauge was until recently the chairman of Automile, a leading platform for fleet management.

The AeroMobil has already revealed the production-ready design for its vehicle. It is now taking pre-orders for a limited edition of the AeroMobil flying car and expects customers to take delivery of the vehicle by 2020.

At the AeroMobik they are delighted to welcome Hauge as a new investor in the AeroMobil.

Read also: Read also:New investor for Aeromobil

“It shows seasoned, knowledgeable investors see the true potential of our proposition,” said Juraj Vaculík, CEO, AeroMobil. “We have now reached the point where the overall engineering and technology design is complete and we are focused in earnest on moving forward with our go-to-market plan.”

The AeroMobil flying car will be demonstrated at the prestigious 52nd International Paris Air Show 2017, one of the largest air shows in the world, between 19th and 25th June. AeroMobil has been invited to exhibit by Starbust.Aero at the Paris Air Lab, a new exhibition space dedicated to innovation, aeronautics, aerospace and digital technology.

Topic: Transport

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