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Transcend Air
Transcend Air - Time Flies With Us
About Transcend Air
Transcend Air, founded in 2017 by Gregory Bruell and Peter Schmidt, is a company developing a new generation of vertical take-off and landing (VTOL) aircraft. Bruell, with a background in aviation and finance, and Schmidt, an experienced aerospace engineer, aim to revolutionize regional travel by providing a faster and more convenient alternative to conventional transportation.
The company's flagship product is the Vy 421, a high-speed tiltwing VTOL aircraft designed to transport passengers and cargo directly from one city center to another, bypassing traditional airports. The Vy 421 is designed to be significantly faster than helicopters and more fuel-efficient than conventional aircraft, offering a sustainable solution for regional mobility. The aircraft's design allows it to take off and land vertically like a helicopter, but fly like a conventional airplane, reaching speeds of up to 400 miles per hour.
Transcend Air's business model focuses on providing a city-to-city air taxi service, as well as selling the Vy 421 to other operators, such as corporations, governments, and medical services. The company is currently in the process of obtaining FAA certification for its aircraft, a crucial step towards commercial operation. Transcend Air has already built and flown several scaled prototypes of its aircraft, demonstrating the viability of its technology.
Source: Dealroom company dataAt a glance
- Founded
- 2017
- Headquarters
- Carlisle, United States
- Sector
- Defence
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