Volocopter establishes joint venture in Saudi Arabia to create bespoke public eVTOL mobility system

Urban air mobility (UAM) company Volocopter and Saudi Arabia’s NEOM region have established a joint venture (JV) company to design, implement, and operate a bespoke public vertical mobility system in NEOM. Air taxi and vertical logistics services will be fully integrated with the overall multi-modal and zero-emission public transit system in NEOM. The JV will be the sole operator of initial public transit routes across area, while enabling an open eVTOL (electric Vertical Take-Off and Landing) ecosystem for vertical mobility services including logistics, emergency response, and tourism. NEOM has placed a confirmed order of 15 Volocopter aircraft to commence initial flight operations within the next 2-3 years.

The collaboration between NEOM and Volocopter will lead the design and development of a three-dimensional public transportation system, advancing the technical, regulatory, and infrastructure solutions for eVTOL operations across NEOM. The JV will offer vertical mobility services as an integral part of NEOM’s multi-modal and zero-emissions public mobility system, providing seamless connectivity for passengers and goods.

Nadhmi Al-Nasr, Chief Executive Officer at NEOM, said: “In designing cities and urban infrastructure for the 21st century, mobility is at the center of the equation. Through this joint venture with Volocopter, we are demonstrating to the world that NEOM is the ideal region to implement urban air mobility rapidly and create a fully integrated vertical mobility ecosystem. NEOM is on a mission to become a global living lab for future mobility, and we are very excited to see what the future holds as we grow.”

(Image: Left to Right: Nadhmi Al-Nasr, Chief Executive Officer NEOM, and Christian Bauer, Chief Commercial Officer Volocopter)

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