Wright Electric’s 8-Year Plan

Dean Sigler Announcements, Batteries, Electric Powerplants, Fuel Cells, hydrogen, Hydrogen Fuel, Sustainable Aviation Leave a Comment

Jeffrey Engler has headed up Wright Electric for the last decade, working to provide efficient motors, inverters and overall power systems for airliners.  Now, his firm is working to develop those airliners.  From a startup in 2016, looking for a single-engine light aircraft to convert to hybrid power, Jeffrey has grown Wright to a recognized force in future flight.  Presenting a mission statement and schedule for the next eight years, Wright has ambitious, but reasonable plans. Currently, Wright is testing a two megawatt motor and inverter, “Collaborating with NASA, U.S. Department of Energy, and U.S. Department of Defense.”  Testing will continue through 2023. The firm predicts it will be flying its Wright Spirit between the busiest “city-pairs” in the world …

Following the Sky Taxi Money: eVTOLs

Dean Sigler Sky Taxis, Sustainable Aviation Leave a Comment

As though by magic, money from Wall Street, venture capitalists and other investors show a growing interest and cash flow in sky taxis.  It started on August 11 with JoeBen Bevirt of JOBY ringing the bell that starts trading on the stock market floor. As one web site points out, it’s up to the discretion of the New York Stock Exchange (NYSE) as to who gets to ring the bell and, “Only those companies with stocks or exchange-traded funds (ETFs) listed on the exchange can ring the bell.” We’ll look at a sampling of companies making electric Vertical Take Off and Landing (eVTOL) vehicles and selling in domestic and foreign markets for an overview of what’s hot.  Later, we’ll look …