Sumit Sadana: Micron Ventures Spotlight

Micron announced that its strategic investment entity, Micron Ventures, is taking part in a Series C investment round in urban air mobility pioneer Volocopter. A builder of electrically powered vertical take-off and landing (eVTOL) aircraft that meet the safety standards of today’s aviation vehicles and exceed those of helicopters, Volocopter seeks to commercialize autonomous, on-demand air taxi services. The growing migration of people to cities is pushing current models of mobility to their limits. The need to find solutions is sparking an explosion of innovation and disruption from private companies like Volocopter. With nearly a decade of experience testing its air taxi technology, the German-based startup’s eVTOL aircraft address the increasing need to transform megacity transportation systems and provide people with new commuting options. https://ift.tt/2pNqKL6 MicronTechnology November 06, 2019 at 07:36PM