TDK invests in Germany electric VTOL company AutoFlightX

TDK Ventures has dipped into its $50-million corporate venture capital fund to invest in electric vertical takeoff and landing (eVTOL) company AutoFlightX.

With their ability to navigate dangerous or hard-to-reach environments, eVTOL vehicles can help eliminate human risk in mining inspections, or deliver payloads of supplies and medicine in emergency response scenarios. AutoFlightX says it has several customers in the mining and inspection industries for its V40 Whiteshark platform, which can carry up to a 20 kg payload. AutoFlightX team also recently completed the maiden flight of a new platform with a 100 kg payload.

The company is currently developing a 1,000 kg platform, which it hopes will someday lead to air taxis, which could carry up to 4 passengers and deliver a range of 300 km.

“We believe AutoFlightX’s innovations reflect a combination of the best consumer drone talent from China paired with the aviation engineering rigor of Germany,” says Nicolas Sauvage, Managing Director of TDK Ventures.

Source: TDK Ventures

  • Dennis Worley

    Hope we are NOT going to mine the Amazon!

  • freedomev

    When are they going to do simple, viable craft as so far they have been very inefficient which isn’t something you can give up in EV aircraft?
    You need a large swept area with 1-2 large slow rotors actually takes up less room than the one pictured and doesn’t need the extra pontoons, motors, rotors, weight and drag not needed as payload equals profit.
    So a counter rotating 2 rotor say 20′ dia on a shaft and steered by leaning the rotors in the direction you want to go gyro style. It’s dynamically stable hands off and naturally stable in crosswinds without electronics. Take your hands off and it’ll just hang out in place.
    And throw away all that other excess weight, cost, profit stealers with just the aero cabin with the battery left. A ballistic parachute for extra safety.
    For long range add some wings.

    • Sean Duffy

      Two rotors is unstable, take a look at the crash record for the osprey

      • freedomev

        Take a look at the record of the CH-47, Kaman series, etc says a very different story. The Osprey had design and operating problems that caused that, not inherent in 2 rotor design.
        And the ones I like is on a single shaft that can’t have some of the Osprey 1 rotor stall problems since both rotors are in the same airstream.
        If you want unstable, multicopters are.