Introduction to Faradair® Linking cities via Hybrid flight ® faradair Neil Cloughley Founder & Managing Director Faradair Aerospace Limited • In the next 15 years it is forecast that 60% of the Worlds population will ® live in cities • Land based transportation networks are already at capacity with rising prices • The next transportation revolution faradair will operate in the skies – it has to! However THREE problems MUST be solved to enable this market; • Noise • Cost of Operations • Emissions But don’t we have aircraft already? A2B Airways, AB Airlines, Aberdeen Airways, Aberdeen Airways, Aberdeen London Express, ACE Freighters, ACE Scotland, Air 2000, Air Anglia, Air Atlanta Europe, Air Belfast, Air Bridge Carriers, Air Bristol, Air Caledonian, Air Cavrel, Air Charter, Air Commerce, Air Commuter, Air Contractors, Air Condor, Air Contractors, Air Cordial, Air Couriers, Air Ecosse, Air Enterprises, Air Europe, Air Europe Express, Air Faisal, Air Ferry, Air Foyle HeavyLift, Air Freight, Air Gregory, Air International (airlines) Air Kent, Air Kilroe, Air Kruise, Air Links, Air Luton, Air Manchester, Air Safaris, Air Sarnia, Air Scandic, Air Scotland, Air Southwest, Air Sylhet, Air Transport Charter, AirUK, Air UK Leisure, Air Ulster, Air Wales, Aircraft Transport and Travel, Airflight, Airspan Travel, Airtours, Airfreight Express, Airways International, Airwork Limited, Airworld Alderney, Air Ferries, Alidair, All Cargo, All Leisure, Allied Airways, Alpha One Airways, Ambassador Airways, Amber Airways, Amberair, Anglo Cargo, Aquila Airways, Astraeus Airlines, Atlanta Airways, Atlantic Air Transport, Atlantic Airlines, Autair, AV8 Air, BA Connect, BAC Express Airlines, Baltic Airlines UK, BEA Airtours, Berlin European, Birmingham European Airways, Birmingham Executive Airways, BKS Air Transport, BMed, bmi British Midland, bmi Regional, bmiBaby, BOAC-Cunard, Britannia Airways, British Air Ferries, British Air Transport (BAT), British Airtours, British Airways CitiExpress, British Airways World Cargo, British Amphibious Airlines, British Asia Airways, British Caledonian Airways, British Caledonian Airways Charter, British Cargo Airlines, British Continental Airways, British Eagle International Airlines, BEA, British European, British International Helicopters, British Independent Airways, British Island Airways, BIA, British Marine Air Navigation Co Ltd, British Mediterranean Airways, British Midland Airways, British Midland Commuter, British Midland International, British NorthWest Airlines, BOAC, British Regional ® Airlines/British Airways Express, BUA, British South American Airways (BSAA), British United Air Ferries, BUIA, British Westpoint Airlines, British World Airlines, Brymon Airways, Brymon European Airways, Business Air, Buzz, Buzzaway, Cal Air International, Caledonian, Cambrian Airways, Capital Airlines (UK), Cello Aviation, Celtic Airways, Channel Air Bridge, Channel Airways, Channel Express, Chieftain Airways, Citelynx Travel, CityFlyer Express, Club 328, Cobham Air Routes, Community Express Airlines, Continental297 Air Services, Continental Air Transport,UK Cougar Airlines, Court Line,Airlines Cunard Eagle Airways, Daimler Airway, Dan-Air Services, Dan-Air London, Dan- Air Skyways, Dan-Air London, Debonair, Derby Airways, Derby Aviation, Donaldson International Airways, Duo Airways, Eagle Airways, East Anglian Flying Services, Eastern Airways (1978), Emerald AW, Emerald Airways, Emerald European Airways, Euravia, Euroair Transport, Euroceltic Airways, Eurocity Express, Euroscot Express Airways, Eurodirect Airlines, EuroManx, European Aviation Air Charter, Euroworld Airways, Excalibur Airways, Excel Airways, Executive Air Transport, Express Air Freight, Express Air Services, Falcon Airways, First Choice Airways, Flightline, Flybmi, Flyglobespan, Flying Colours Airlines, Flyjet, Flykeen Airways, GB Airways, Gibair, Global Supply Systems, Go (airline), Guernsey Airlines, Handley Page Transport, HeavyLift Cargo Airlines, Highland Airways, Highland Express Airways, Hillman's faradair Airways, Humber Airways, Hunting-Clan Air Transport, Hunting Air Cargo, IAS Cargo Airlines, Imperial Airways, Independent Air Transport / Blue-Air, Instone Air Line, Inter City Airlines, Inter European Airways, Intra Airways, Invicta Airlines, Invicta International Airlines, Isle of Man Air Services, Janus Airways, Janes Aviation, Jersey Air Ferries, Jersey Airlines, Jersey European Airways, Jetstream Express, JMC Air, KLM uk, Knight Air, Laker Airways, Leisure International Airways, Lloyd International Airways, London City Airways,1930 London European Airways, Macedonian Aviation, – Maersk UK, Malinair2019, Manx Airlines, Manx Airlines Europe, Markoss Aviation, McAlpine Aviation, Mediterranean Express, Mercury Airlines, Meredith Air Transport, MK Airlines (UK), Monarch Airlines, Morton Air Services, MyTravel Airways, Northeast Airlines, Novair International Airways, OpenSkies, Orion Airways (1956), Orion Airways, Overseas Aviation, Paramount Airways, Peach Air, Prime Airlines, Princess Air, Provincial Airways, Railway Air Services, Redcoat Air Cargo, Regionair (UK), Rockhopper, Sabre Airways, Scimitar Airlines, ScotAirways, Scottish Airlines, Scottish European Airways, Silver City Airways, Silverjet, Skysouth, Skyways Coach Air, Skyways International, Skyways Limited, South Coast Airways, South East Air, SouthAll West Aviation, GONE! Southern International Air Transport, Running Spartan Air Lines, Starways, Suckling airlines Airways, Sunjet Airlines, TAC Heavylift is, TBG Airways,tough TEA UK, Thomas Cook, Thomsonfly, Thomson Airways, Tradair, Tradewinds Airways, Transair, Transglobe Airways, Transmeridian Air Cargo, United Airways Limited, Virgin Atlantic Little Red, Virgin Sun Airlines, Westminster Airways, Westpoint Aviation, Whoosh, World Airlines, XL Airways, Yorkshire European Airways, Zoom Airlines UK. A Shift in Aerospace Innovation Commercial Start-up’s have overtaken Academia and Tier 1 Primes ® faradair Like the innovators of aerospace in the past, Start-up’s are developing aerospace solutions today faster than Tier1 primes. That is an opportunity, NOT competition to the primes! The future? Exclusive first view ® faradair 2019 is the year Police were to be flying around L.A. with Blade Runners hunting androids, according to 1982 forecast by Ridley Scott – We are getting there… just not quite yet! NASA Urban Air Mobility (UAM) Market Study Crown Consulting Inc, Ascension Global, Georgia Tech, McKinsey & Company Issued November 2018 • Near-market segments: A commercially viable market for last-mile parcel delivery and air metro could be in place by 2030 • Likely market constraint: There is likely a limited potential market for air taxis/E-VTOLS in concentrated areas of high net worth individuals and businesses in 2030 ® • Key challenges: For UAM to be viable, it is necessary to address the technical, physical, operational, and integration challenges of a highly interdependent system-of-systems • Dependencies for the market to become viable: Safety and security – Economics - Transportation demand – Regulation - Market faradair substitutes (e.g. autonomous delivery and transportation) - Public acceptance But what about Regional Air Mobility? (Air Metro?) * Current certification process * Current network infrastructure * Current pilot training * Current safety standards * Proven demand * Opportunity to begin the process of simple ‘Air Mobility’?? Engineering versus Economic Business Case Many cool futuristic aircraft no longer flying – but a trusty utilitarian aircraft is, based on a 1956 design! “Like many single-engine Cessna's, the 208 is built with function in mind, not form. It has a boxy fuselage, strut-braced wing, and giant un-faired tires that scream “draggy.” The Caravan isn’t meant to win any beauty or ® speed contests—it was designed to be utilitarian, reliable, and tough, all things at which the Caravan succeeds.” AOPA faradair Light Air Transport Sector Many existing airframe designs are 30+ years old with challenging economic viability The short haul domestic regional air transport to date has faced numerous challenges, including; • Cost of asset ® • Cost of operation • Maintenance issues • Vintage designs • Noise issues • Operational site restrictions faradair Founded from Experience in 2014 Faradair Aerospace Limited has been working on a solution for Regional Air Mobility About us The existing domestic air transport model is broken. ® Faradair® has considerable experience in the commercial aerospace and technology sectors and was involved in pioneering unmanned air vehicle (UAV) development over thirty years ago. This is a programme, created by an experienced team, supported by extensive engineering resources from partner firms and advisors faradair BEHA Bio Electric Hybrid Aircraft State of the art carbon composite structural materials with graphene, nanotechnology and 3D printed parts Design patented ‘Triple Box Wing’ for extreme Short Take-Off and Landing (STOL) in urban Glass cockpit & advanced avionics ® areas & Heavy lift capability With Autonomous flight capability Multi-role, multi mission capability Acoustic duct and Silent prop for 24/7 operational capability faradair Multi-fuel/power capable i.e. Hybrid/JetA or Biofuel/Electric Low noise, Low emissions, Low operating costs New hybrid electric turboprop engine 2014 > 2019 – Our journey to date • Company formed 2014 and launched • 2015 Hybrid/Electric conferences speaker • InnovateUK Voucher secured (£5k) • Validation of Wing design – Cranfield ®