Wave eVTOL is a four-seat, semi-autonomous hybrid and will harvest 80% of our Wave Light Sport Aircraft (LSA) model's DNA. This positions us well down the road of developing shared technology, components and tooling, R&D, materials, manufacturing processes, techniques and facilities, that we have been refining over the years for the LSA.

As with our LSA, this EVTOL will be sustainable, manufacturable, cost effective and safe.

Developing an EVTOL with amphibious capabilities opens possibilities not yet explored in this space, and with the New Zealand Government leading the world from a regulation standpoint, New Zealand is on track to be the first country to allow approved manned EVTOL passenger flights.

Vickers Aircraft Company continues to work closely with the Civil Aviation Authority of New Zealand (CAANZ) throughout the development of the Wave LSA and eVTOL aircraft variants. CAANZ remains a pragmatic yet safety-focused regulatory authority and a key enabler for the New Zealand Government future transport objectives.

Paul Vickers, CEO of Vickers Aircraft Company comments, "We feel it is time to announce our parallel developments using the base core that both aircraft share. Already having the tooling for the shared modules, we are well placed to move towards a proof of concept".

We would like to partner with industry to bring electric propulsion, battery technology, flight control systems and investment together to enable us to develop an incredible aircraft that will help alter how we travel, work and explore.