×

Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Mayman Aerospace

Mayman Aerospace, Savback Helicopters Sign LOI For 25 Speeders

Our Bureau - : Dec 5, 2022 - : 2:50 pm

Mayman Aerospace, the US-based manufacturer of the Speeder Air Utility Vehicle (AUV), announced that the company has signed a Letter Of Intent (LOI) with Sweden-based Savback Helicopters for the sale and purchase of 25 Speeder AUVs on Monday (Dec. 5). The USD45 million deal positions Savback as the first civilian customer of the AUV and heralds a new era for compact high-speed vertical take-off and landing operations in Europe.

“This is a milestone moment for Speeder development as it demonstrates there is a real need for this disruptive, powerful technology. Michael Savback’s understanding of and vision for the operational potential of the aircraft highlights the game-changing capabilities of Speeder. We always planned to change how the world thinks about flying,” said David Mayman, CEO and founder of Mayman Aerospace. “The addition of Speeder AUVs to the Savback portfolio demonstrates that we have begun to achieve this goal,” he added.

Savback chairman, Michael Savback, anticipates Speeder’s core attributes, including its maneuverability, high-speed, and heavy payload capabilities, will be extremely attractive to military customers in the Scandinavian region.

“The Speeder is an outstandingly versatile machine. We are proud to announce our intent to add this advanced technology to our existing portfolio,” he said. ”This aircraft is well placed to satisfy the growing need of our military forces for vehicles that can support contested logistics, casevac, and cargo missions in minimal time with maximum reliability. The autonomously piloted Speeder reduces human risk and strengthens existing fleet proficiencies; it’s a winning formula all around.”

The new deal strengthens the relationship between Mayman Aerospace and Savback Helicopters after the latter was appointed as the exclusive marketing and sales representative for Speeder in the Nordic countries in June 2022.

Comparable to a quadbike in size, the Speeder is being designed and modeled to lift 1000 lbs and fly 400 miles at over 500 mph in unpiloted cargo mode. Mayman Aerospace is currently working closely with the FAA toward flight certification. Initial test flights will be remotely controlled, with piloted tests anticipated towards the end of Q4 2023.

MORE NEWS

Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2023. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us

z-index: 9999; /* Ensure the ad is on top of other elements */