Martin Aircraft finds India an open market for jetpacks
New Zealand based Martin Aircraft company, has formed an alliance with a Delhi-based company to construct a regional sales office in India. The company expects India and China to improve their commercial opportunities and has signed an alliance agreement with the Delhi based M2K group so that they could establish a regional sales in the commercial Indian market. Martin Aircraft CEO Peter Coker said, “Martin Jetpack is the world’s first practical jetpack, with potential search and rescue, military, recreational and commercial applications, both manned and unmanned. It consists of a purpose-built gasoline engine driving twin ducted fans which produce sufficient thrust to lift the aircraft and a pilot in vertical takeoff and landing, enabling sustained flight,” reported a release in the M2K website. The company has also signed an agreement with the Beijing Flying Man Science and Technology Ltd., which will accredit the parties to work towards the future delivery of Martin Aircraft package with an initial instalment of 100 manned Jetpacks, 50 unmanned Jetpacks, 25 static models and 25 simulators. The other agreements that the company entered into were with Beijing Voyage Investment, a subsidiary of China-based AVIC International Holdings, for future delivery of manned and unmanned jetpacks, simulators, and static models, as also with Czech Republic-based Martin Aircraft Company to establish a European sales centre for the Martin Jetpack. The M2K said that, “This collaboration would bring a constant development of professional management skills that is critical to strengthening the aviation industry today and to building a sustainable future. This partnership will create a new globally recognized platform for aviation industry especially in India.”
June 17, 2015 | 05:15 pm IST.
to success.