Davis, CA -- (SBWIRE) -- 04/30/2015 -- (MLER), Moller International (the Company) has agreed to begin beta production of the Neuera and its Firefly derivative. These unique aircraft, generically referred to as volantors, can take-off and land vertically and are small enough to fit in a single car garage.
This decision is in response to the extraordinary interest shown in these particular volantor models for use in paramilitary, utilitarian and recreational applications. The Neuera configuration has undergone extensive wind tunnel and full scale flight testing (see http://www.moller.com/). Much of the airframe tooling is complete and the recent commitment by the Company's licensee, Freedom Motors, to begin volume production of the Rotapower rotary engine is critical to this decision.
The Rotapower engine is a key component with unique attributes that allow the Neuera and Firefly volantors to operate as personal VTOL (vertical take-off and landing) aircraft that are safe through redundancy and potentially inexpensive to purchase or lease. Moller International is a public company (MLER) and holds numerous patents on VTOL capable aircraft, and high powered small rotary engines. The Company has delivered numerous unmanned drone versions of its patented technology (aerobots) to various branches of the US government.
About Moller International
Moller International (the "Company") was incorporated in 1983 as a continuation of its efforts to design, manufacture, and market safe, low cost, and easy to fly vertical takeoff and landing ("VTOL") aircraft called volantors. It has developed and demonstrated this technology and received sufficient feedback to be confident that volantors have an enormous number of immediate commercial, paramilitary and military applications.
Once the emerging "highway in the sky" (HITS) is in full operation, the volantor will be the ideal personal commuter aircraft to utilize it. Approximately $210 million (today's dollars) has been expended by the company to create and demonstrate its volantor, aerobot, and engine technologies.
Moller International Inc.
1222 Research Park Drive
Davis, CA 95618
United States
Phone: 530-756-5086
Website: http://www.moller.com/
Forward Looking Statements
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
SOURCE: UPTICK Newswire