PAL-V awarded the Innovation Leadership Award
Frost & Sullivan has awarded PAL-V with its Innovation Leadership Award. PAL-V says it is attempting to realize a future in which flying cars will be an integral part of personal mobility. Starting with the PAL-V Liberty, the company says it will bring a product that is more compact and more suitable for smart city roads than other competing concepts with large folding fixed-wings. The Liberty has a range of 450 km (280 mi) in flight, and, according to Frost & Sullivan, the gyroplane design makes PAL-V vehicles easy and safe. Unlike fixed-wing aircraft, which are prone to stalling, gyroplanes do not stall, which takes away the risks associated with this human error and encourages adoption for future mobility.
Because the personal flying mobility market is rapidly developing, Frost & Sullivan decided to research this market space and focused on the most promising applications. The research concluded that flying cars will initiate a new wave of business, services, and revenue streams in the coming decades.
PAL-V received a 10 for "Focus on Future" and a 9 for "Best Practices Implementation."
More information about the PAL-V can be found at https://www.pal-v.com/.