World News

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
Save
Emergency Flying Taxi Receives $5 Million in Government Funding
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
Monica O’Shea
Updated:
0:00

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
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]
Related Topics