Flying Car with Vertical Take-off and Landing (VTOL) capabilities

Company

Projenics is
headquartered in Richmond Hill, Ontario, Canada.

Projenics was
established in 2008 as a Canadian sole-proprietorship, soon to be incorporated. It was intended as a
means of growing the income of the owner while assuming other duties with
private industry. Projenics provides engineering services, process mathematical
modeling, and simulation software solutions to a broad range of clients.

Idea

We started the project of a VTOL
flying car in the beginning of year 2017 with a scintillating idea on how a
specific electrical motor can separately drive a tilt-rotor aircraft and a car
drive train; then, it was a matter of performing essential engineering
calculations to narrow down a viable technical solution for a unique flying car
project. Over two-year period, we worked meticulously and thoroughly for market
data collection, defining the scope of work and vehicle performance parameters,
carrying out concurrent and recurrent engineering tasks, as well as effective
design associated with FEA (structural) and CFD (aerodynamic, wind tunnel)
simulations.

We signed an NDA with the motor manufacturer
and are working for similar agreements with propeller and battery
manufacturers.

Product USP

Projenics is the first and currently
only company to produce an electric, roadable VTOL aircraft to be equipped with
traffic and safety features required with bi-directional, controlled
hoover/airplane/automobile conversion modes. We just filled in a patent
application with USPTO for this invention, which it is
unique over any prior art not only in terms of invention but rather
in terms of versatility, practicality for use without any airport facilities,
friendliness with respect to environment and residential areas by using
electrical power, as well as product destination for personal use, military use
in remote areas, and much desired taxi business use.

In fact, Projenics’ offer will satisfy
most of the public preferences as revealed by Sivan and Scheottle (2017) survey
in terms of: shorter travel time, VTOL vehicle, electrically powered, 3-4
seating capacity, availability for required licensing training, price
affordability, as well as a very positive interest in operating, owning, or
desire to use them.

Competition

Although the idea of flying cars is
not new and a significant number of patents have been awarded on this matter,
the race to develop flying cars began only recently to gain momentum. Following
the market analysis, we classify two major concepts of flying cars: roadable
aircrafts that take-off and land as an airplane (SVTOL), and VTOL aircrafts
that are not roadable. None of them have been yet commercialized (Miu, 2018,
and, Kanthasamy, 2018).

Top aerospace companies have mainly
channeled their patenting efforts toward propulsion methods and systems of such
vehicles: Eurocopter, Boeing, Airbus, Bell Helicopter, Sikorsky Aircraft.

Several start-ups that are also
developing technological advances are: Terrafugia (acquired in 2017 by China’s
Sealy Auto Group), Moller International (Skycar), AeroMobil s.r.o, Zunum Aero,
and Zee Aero. UberAir partnered with several companies for flying cars to be
used for taxi services.

Equity needed

At this time, this project does not
generate an income. The only investment is the owner's seed money
and work with a friend’s (aerospace professor) help.

However, based on the achievements so
far, I envision that in two years, with a relatively small investment and by
hiring 5 people, we could finalize the 3D design of prototype, manufacture two
vehicles and exhibit one at car/aerospace shows for generating orders and
additional investments.