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Transcend Air and the Vy 400R: VTOL for VIP Transport

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Transcend Air and the Vy 400R: VTOL for VIP Transport Transcend Air and the Vy 400R: VTOL for VIP Transport Peter H. Schmidt Co-Founder & COO [email protected] Date: May 14, 2020 m: +1 781 883 4818 The Reserved Edition Vy 400R Bespoke Luxury Tiltwing VTOL Aircraft https://www.youtube.com/watch?v=CllYWtFYuWM 2 The Canadair CL-84 Tiltwing VTOL from 1968 https://www.youtube.com/watch?v=EWhabyOsiK8 3 What makes for a successful aircraft program? 4 DEMAND Lots and lots of demand… 5 DEMAND Lots and lots of demand…that is real, not imagined 6 Most Aircraft That Can Be Built, Won’t Be Built Beyond demand, you need a design that can meet it while being • Certifiable without excessive cost • Certifiable without excessive risk • Certifiable in a timeframe that enables a competitive ROI • Manufacturable at a more than competitive profit • Operable at a more than competitive profit or cost • Upgradable as needed for the foreseeable future, 20-40 years 7 It’s hard. 8 Most Aircraft That Are Certified, Profit Someone Else, If At All Beyond demand, you need a design that can meet it while being • Certifiable without excessive cost • Certifiable without excessive risk • Certifiable in a timeframe that enables a competitive ROI • Manufacturable at a more than competitive profit • Operable at a more than competitive profit or cost • Upgradable as needed for the foreseeable future, 20-40 years What if you don’t want to go bankrupt and let someone else make all the money off your aircraft? 9 Target Already Proven Markets With A High TRL Design We have designed an aircraft that will: Fill two proven market needs: VIP & Airline Be manufacturable and certifiable Be profitable for the manufacturer Be profitable for the operator Gregory Bruell Peter H. Schmidt Co-founder & CEO Co-founder & COO • Co-founder Elytron Aircraft • President & COO Linear Air – Be liked and trusted by passengers – VTOL aircraft developer Part 135 air carrier “It’s a mistake to bet your success on “People who haven’t sold air travel have Enable LOWER prices for aircraft and fares future technology developed by nothing but wrong notions about how ‘someone else.' The Vy 400 is customers buy – I sure did! The Vy buildable and certifiable now.” embodies what I learned the hard way.” 10 Why Will the Vy Program Succeed? Three Aircraft Markets – Two Already Proven $?B TAM $9.6B TAM Military Applications Regional Airline Service $4.5B TAM Disruption VIP Helicopter Disruption 11 * TAM: worldwide Total Addressable Market for annual aircraft sales The R’s Market Has Lots and Lots of Demand All by Itself $4.5B TAM VIP Helicopter Disruption 12 * TAM: worldwide Total Addressable Market for annual aircraft sales Simple Math: ½ Price ✕ 3x Speed ✕ ¼ Op Costs = 24x Value vs Medium Twin Range, passengers, and cabin of a medium executive helicopter, faster than turboprops $11.00 $10.00 $5.00 $4.96 $3.80 $3.50 $3.10 List Price – USD, millions $2.40 LEONARDO AW139 SIKORSKY S-76D PILATUS PC-12 R Bell 407GXP Airbus H125 Pilatus PC-12 Piper Meridien M600 Socata TBM 930 Beechcraft King Air C90GTx Transcend Vy 400 Passengers 5 5 6 4 6 6 5 5 Cruise Speed 141mph 152mph 181mph 157mph 328mph 313mph 405mph 405mph Range1 372mi 330mi 400mi 413mi 2,123mi 1,864mi 550mi 400mi Cabin Volume 84cuft 61cuft 283cuft 243cuft 356cuft 267cuft 252cuft 252cuft 13 1 Assumed pax + luggage @ 250 lbs each, 30 min reserve fuel Robb Report Winners “Best of the Best” in Aviation – June 15, 2020 VTOL Concept: Transcend Air Vy 400R Helicopter: Airbus ACH130 Aston Martin Edition 14 Tiltrotors – Complex and Expensive Tiltwing – simple, affordable, certifiable Boeing V22 Osprey 351mph 1,011mi Vy 400 design targets: $71M • Simplicity Bell V280 Valor 322mph • Reliability 921mi $30 - $50M • Maintainability Augusta-Westland 609 • Interoperability 316mph 864mi • Affordability $24M • Adaptability Transcend Vy 400 405mph • Upgradability 450mi $3.5M Scale 1:100 1 Future Vertical Lift 15 This document does not contain any export-regulated technical data. 16 Flying Prototypes Have Evolved and Informed the Vy 400R Design Since 2009 https://transcend.aero/story 16 Physical Prototypes Included a 2,000lb Manned Aircraft 17 https://transcend.aero/story Our 1/5th Scale Prototypes Further Validate the Design https://www.youtube.com/watch?v=OTBcJfIZ19w 18 Transcend Air Corporation Proprietary The Vy 400 Proven Technology – Disruptive Aircraft We have designed an aircraft that is: Fast – 352 kts, 4750/8500 fpm ROC 1 Fuel efficient – ½ fuel per km of OH-58D Simple – No hydraulics, fly-by-wire, tiltwing (not tiltrotor), single turbine Affordable - $3.5M in airliner trim Effective – 133% kg/hr of cargo vs K-MAX Future Proof – Turbine-mechanical to start, fleet is field-convertible to electric AUTONOMOUS CARGO AND CASEVAC CONFIGURATION 19 1 Vertically in helicopter mode/conventionally in airplane mode This document does not contain any export-regulated technical data. Vy 400 Overview – VTOL Now, “e” When Batteries Are Ready AIRCRAFT LAYOUT, VIP R CONFIGURATION SPECIFICATIONS INCEPTORS AND CONTROL SURFACES turboshaft 20 This document does not contain any export-regulated technical data. Transcend Air Vy 400R 21 .
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