Emergency Flying Taxi Receives $5 Million in Government Funding
The Australian Renewable Energy Agency has provided an aerospace startup with taxpayer funding to build a hydrogen-powered aircraft
Visitors watch a prototyp of the first flying taxi, the eVTOL - electric vertical take-off and landing Jet - of the company Lilium during the trade fair Digital Summit (Digital Gipfel) in Nuremberg, southern Germany, on Dec. 4, 2018. CHRISTOF STACHE/AFP via Getty Images
The Australian Government will provide $5.43 million (US$3.5 million) to an aerospace company to develop a hydrogen-powered electric air taxi for emergencies.
The Australian Renewable Energy Agency (ARENA) is delivering the funds to AMSL Aero under the ‘Advancing Renewables Program.’
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
