Savback signals US$45m purchase of 25 Mayman Speeders

US-based Mayman Aerospace and Savback Helicopters said they have signed a “letter of intent” for the “sale and purchase” of 25 of Mayman’s Speeder Air Utility Vehicles, a type of vertical take-off and landing (VTOL) flyer. The deal “positions Savback as the first civilian customer”, according to statement by the two companies. Chairman Michael Savback said the Speeder’s “core attributes”, which include its “incredible maneuverability” and “high speed”, would be “extremely attractive” to Scandinavian militaries. David Mayman, founder of Mayman Aerospace, said the deal was a “milestone” for his company, whose Speeder was described as “being designed and modelled to