Odys Aviation to Join UAE NextGen FDI Programme, Establish Regional HQ in Abu Dhabi

June 7, 2023

Abu Dhabi, UAE & Long Beach, CA – May 26, 2023 - Odys Aviation, leading hybrid aircraft manufacturer, has partnered with the UAE Ministry of Economy's NextGen FDI program. As part of the collaboration, Odys Aviation will establish a regional headquarters in Abu Dhabi, including a high-volume assembly plant, creating over 2,000 direct and indirect jobs in the UAE.

Designed for short-haul "air taxi" routes as well as long-range regional flights, Odys Aviation's hybrid-electric VTOL aircraft offers a zero-carbon travel alternative, with a hybrid-electric range of over 1,200 kilometers. The launch of a full-scale prototype is planned for 2024, with aircraft entering service by 2027.

By joining NextGen FDI, Odys Aviation aims to contribute to the development of a sustainable, low-carbon aviation sector in the UAE. The company has already received significant interest, with pre-orders for over 1,200 aircraft and six contracts with the US Air Force.

James Dorris, Co-Founder and CEO of Odys Aviation, expressed confidence about the partnership and the opportunities it presents for growth and innovation in the UAE.

The NextGen FDI program, launched in 2022, provides crucial support to knowledge-driven industries by streamlining licensing processes, offering visa incentives, facilitating banking services, and providing lease incentives for technology companies relocating to the UAE.

The Odys Aviation hybrid-electric VTOL aircraft accommodates up to nine passengers and two pilots, providing a range of seating options suitable for both commercial and executive purposes, including club seating and ample baggage capacity. With a maximum speed of 345 mph (555 km/h), a range of 750 miles (1,200 km), and a cruise altitude of 30,000 ft (9,144 m), this innovative design enables efficient takeoff and landing at city helipads, municipal airports, and future vertiports. By significantly reducing travel time on busy travel corridors and offering a cost-competitive trip experience, it presents an attractive solution for advanced air mobility.

For more information, please visit www.odysaviation.com.

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