1\ There is a reason why eVTOL OEMs need exceptional funding to bring their products to the market.

For a novel aircraft of such size, it typically takes between $500M - $1B to develop a vehicle, certify it, and begin manufacturing at scale. 2\ Comparatively, airliners can cost 5-30x.

The Boeing 777 burnt $5B. The 787 Dreamliner skyrocketed in costs north of $32B due to global subcontracting issues. This process can take 7-10 years on average.

And these have well-established certification bases, unlike eVTOL.

It was a pleasure talking at the Trends Session hosted jointly by @PlugandPlayTC / @BTGroup in London.

Join me as I dive into the key trends in B2B enterprise drones, venture funding, and startup strategy as we gaze across 2023.🧵 1\ For context, BT and Plug&Play have a partnership based on identifying exciting opportunities early in the innovation cycle.

BT is well-aware that the highly commoditized telco industry needs to expand into drones, mobility & etc to continue its leadership in connectivity.

As I write these words, earthquakes of magnitudes 7.8 & 7.5 have devastated Turkey & Syria with 22k dead. Could casualties be minimized? Absolutely.

Besides sophisticated leadership, able gov't, and superior logistics, Advanced Air Mobility tech can save lives.

Let's dig in🧵 1\Turkey, its people, and its government were NOT prepared for an earthquake of this size or any other major disaster. This has multiple reasons, which can be divided into 3:

1) Lack of meritocracy at all layers of society
2) Corruption
3) Unscientific beliefs & fatalism

1\ In this edition of @ClearProp8 , I dive into many exciting papers on eVTOL vehicle sizing, AI Gym for AAM, Separation Standards & Corridors, and Near-Term Deployment at DFW airport. 2\ However, what's dearer to me is the suffering and significant loss of human life happening right now, in Southeastern Turkey, due to two major earthquakes of intensity 7.8 and 7.5.

pamirsevincel.substack.com/p/clear-prop-7

Generated by AI but captures the criticality of the catastrophe and the sorrow we are feeling pretty well.

Turkey is a resilient nation, we will get through this.

#earthquake #deprem #Turkey #midjourney #DEPREMOLDU #TurkeyEarthquake #hataydepremi #antakya #gaziantep #Türkiye