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A revolutionizing concept that will change transportation for ever
It might sound like science fiction but the days where we will commute to work in a flying vehicle are not far away. The concept of UAM (Urban Air Mobility) is relatively new. Morgan Stanley sees it as disruptive industry that will revolutionize transportation.
First AAV (autonomous aerial vehicle) was launched at CES in Las Vegas, back in 2016. The vehicle is called Model 184 and is manufactured by a Chinese-based company. The initial model was capable of carrying one passenger for a 20-minute autonomous flight.
Daily economic loss due to heavy traffic
The monstrous traffic jam in Metro Manila caused the Philippines a daily economic loss of P3.5 billion in 2018, according to the Metropolitan Manila Development Authority (MMDA), in charge of traffic management in the region.
MMDA traffic czar Bong Nebrija said that the figure compares to the P2.4 billion lost every day in 2016 due to heavy traffic a figure from by the Japan International Cooperation Agency (JICA) and the National Economic Development Authority. He maintained that our traffic woes have been caused the by lack of road infrastructure and the increasing number of vehicles in the metropolis.
Nebrija said that the country would continue to suffer economic losses of to up to P5.4 billion in 2035 if the traffic congestion in the country’s economic capital will not be addressed.
The opportunity lies with being among the first adopters of this ground breaking technology.
Solving urban traffic congestion, air pollution and car accident fatalities would contribute immensely to a sustainable & brighter future for people living in cities. But that’s not all; UAM can be used for other specific activities, greatly improving operational efficiency
Watch this video to learn more
Let’s take a look at how UAM can change people’s
lives. The most interesting use cases we identified are:
Tourism and recreation; UAM can provide aerial tourism services at designated locations including scenic spots, amusement parks, tourist attractions, etc. A ride on a UAM vehicle will help tourists explore new areas that were previously difficult or impossible to reach.
Emergency medical services; The fast-moving nature of emergency medical services makes UAM an ideal solution that provides “air ambulances”, ”especially
when ground traffic jeopardizes the emergency missions of normal ambulances.
The commercial Urban Air Vehicle market size will surpass $104B
-Frost & Sullivan, 2019