MTU Aero Engines has taken stake in the Silent Air Taxi, created by e.SAT GmbH based in Aachen, Germany. The new air taxi, which is capable of carrying five passengers, has seen the two firms sign a letter of intent (LoI). The parties agreed that Germany’s leading engine manufacturer will take a stake in the development and production of the unique hybrid-electric powertrain for the new aircraft and acquire shares in the recently founded company in the amount of €10 million. “The Silent Air Taxi is a very ambitious endeavour and a promising concept for the future. The prospects are
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