LTTS secures electric air mobility contract worth $100 million from Jaunt Air Mobility
L&T Technology Services Limited has announced that it has won a multi-year electric air mobility contract worth more than $100 million with Jaunt Air Mobility (Jaunt).
Under this contract, LTTS will open an engineering and R&D center in the province of Quebec for the next-generation electric aircraft manufacturer to provide engineering services for the eVTOL air taxi electric uprights), Jaunt Journey.
Under the umbrella of Jaunt's Urban Air Mobility (UAM) division, LTTS will provide global engineering services to support and build the Jaunt Journey. Together these will encompass several technology areas such as power distribution system, air data management, cockpit display system, flight control system, battery management, electrification, power electronics, structural design, stress analysis, testing, certification, and manufacturing engineering.
Jaunt is deploying a new generation of sustainable aircraft to meet the growing demand for faster urban and regional travel. The Jaunt Journey takes off like a helicopter and transitions into flight like a fixed-wing aircraft, using patented Slowed-Rotor Compound technology. These new air taxis will make it possible to travel more than 110 km in the air in 25 minutes or less while offering affordable travel costs for the public. The Jaunt Journey, a single-pilot aircraft, will carry four passengers. The vehicle will provide urban air mobility, cargo delivery, military missions, and medical transportation.
Martin Peryea, CEO and Chief Technology Officer of Jaunt said, "At Jaunt, our vision is to usher in a next-generation line of urban air travel that is fast, safe, and convenient. This new ecological and sustainable aircraft will reduce carbon emissions around the world. Strategically, we continue to develop our first-class partnerships, we see LTTS as an ideal technical partner, and together we are convinced that we can push commercialization at scale."
Eric Côté, President of Jaunt Air Mobility Canada, said, "The proposed Green Aerospace Strategy created by the federal and provincial governments is the perfect opportunity for LTTS and Jaunt to provide end-to-end technical support for structural design analysis and certification, to develop the all-electric Jaunt Journey VTOL aircraft. LTTS is used to working in Canada and appreciates the potential of this favorable environment. »
Amit Chadha, President, and CEO of L&T Technology Services commented: "This contract is a major milestone for the LTTS team, given the tremendous opportunities opening up in urban air mobility and drone services, which are alternatives to increasingly congested ground mobility in towns. LTTS has over a decade of experience in developing high-performance engineering solutions for the global aerospace and defense industries and has supported several critical defense programs in the past. We believe this program will set a benchmark for future urban air mobility projects, and our team is excited to leverage this significant commitment alongside Jaunt, with the ultimate goal of making urban journeys safer, and greener. , more efficient and reliable.