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Mon, May 20, 2019

Pegasus Universal Debuts Its New ‘VTOL’ Business Jet Concept At EBACE

Airplane Targeted For Certification In Five To Seven Years

Pegasus Universal Aerospace from South Africa is making its debut at EBACE 2019 this week to showcase the pioneering work it has achieved with Pegasus One, its revolutionary Vertical-Business-Jet VBJ.  Founding Chairman and visionary Dr Reza Mia will be showing a scale model of the ground-breaking design, which combines the convenience of helicopters with the benefits of jet travel, at the Show’s Innovation Zone, adjacent to the main entrance.

The all-composite airframe Pegasus One is targeted for certification and deliveries in five to seven years’ time from its Pretoria, SA facility, where it has engaged an engineering partner who will provide the engineers and designers.

In offering Pegasus One, Pegasus Universal Aerospace is pledging to bring speed, comfort and style to travellers looking for transportation between busy urban airports, small and unpaved landing areas, yachts and regular helipads, among others. Its jet design has the possibility of landing and taking off vertically in the same locations as a helicopter, but it can travel further, propelled like a jet, more quickly, presenting a unique offering for owner/operators.

Pegasus is targeting a 2,375 nautical mile range from runway take-off or 1,150 nautical miles in VTOL with a planned cruise speed of 430 knots. The aircraft will carry six to eight seats with power provided by two 2,300 shp (specific horsepower) turboshaft engines.

“We are working hard to build a full-scale cabin mock-up of Pegasus One which we plan to bring to London to start a demonstration tour of Europe in 2020 to drum up interest. We look forward to meeting forward thinking investors and of course potential operators during the tour,” said Dr Reza.  

Pegasus has identified a customer base that spans the civil and executive aerospace sectors, offering operational benefits unlike any other aircraft. Along with Europe, India and China are key markets, he believes. The company is close to identifying key suppliers for avionics, (its retractable) landing gear and the engines that will be the best fit for its highly evolved control systems and automation sub-systems.

Depending on take-off option – VTOL or runway - Pegasus One will be able to fly for three and a half to six hours, supporting direct, point to point travel. The operational costs are competitive when compared with jets of similar range, but with lower fuel burn and CO2 emissions. The noise levels are lower than comparative rotary machines, and passenger and pilot comfort, security and safety, are all integral in the design, the company says.

To date, the business has been predominantly self-funded, together with angel investment. Pegasus is now seeking new investment and looking for interest from industry influencers and leaders. Pegasus estimates its needs around $400 million to bring the aircraft to market.  

“We are delighted to be attending EBACE as it is the premier event for business aviation and there is a firm emphasis on future travel this year,” said Dr Reza. He has been a guest futurologist speaker in London recently, at Corporate Jet Investor’s Revolution.aero conference and at the end of April, at the Royal Aeronautical Society’s Business Aviation 2030 evening.

(Image provided with Pegasus Universal news release)

FMI: pegasusua.com

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