• 04 Nov 2019 04:23 PM
• 0

UK Invests in Future Flight

British Prime Minister Boris Johnson announced on Aug. 24 that the UK government was kicking off a $385M (£300M) Future Flight initiative. The government will provide about 42% (£125M), supported by industry co-investment of the rest (up to £175M) to “support exciting new technologies including flying urban taxis, electric passenger planes and even freight-carrying drones.” This is on top of the nearly £2B the UK is investing in aviation research and technology, through the Aerospace Technology Institute (ATI) program. The first Future Flight Challenge competition, to create compelling concept studies, opened Sept. 30.