Hybrid Air Vehicles – Redefining air travel and air freight

Industrials

Hybrid Air Vehicles – Redefining air travel and air freight

Hybrid Air Vehicles (HAV), a UK-based company, is pioneering sustainable aircraft technologies (see our equity proposition). To date, HAV has raised and invested c £140m in developing its landmark aircraft, Airlander 10, which combines lighter-than-air technology (helium) and an innovative wing design, overcoming traditional airship limitations. The Airlander 10 can deliver 100+ seat regional passenger transport, a 10-tonne payload of freight transportation, or a combination of the two. HAV’s Airlander technology is scalable and its next product, Airlander 50, can transport 50+ tonnes, despite being only slightly longer (120m) than Airlander 10 (98m). HAV has a total order book of c $2bn (29 aircraft) as well as a qualified pipeline of c $7bn, with a 50/50 split between civil and military uses. The company aims to raise an additional c £600m to build its production site (land is secured in South Yorkshire) and achieve its production target of 24 aircraft annually, with first customer deliveries scheduled for 2029.

Written by

Andrew Keen

Managing director, head of content, energy and resources, industrials

New global logistics sector and disaster support

HAV recently announced that Kuehne+Nagel, one of the world’s leading logistics providers, has joined the company’s new Airlander Futures Network initiative, to explore the use of larger Airlander variants in its logistics operations, filling the gap between fast, carbon-intensive air freight and cheap, slow surface transport. HAV also confirmed that the Oregon Department of Human Services has joined the initiative, to provide expertise and input on Airlander 50’s potential role in humanitarian aid and disaster relief (the Airlander’s independence from traditional air infrastructure is potentially important in an earthquake zone). Along with the c $2bn order book, these are clear signs of confidence in and demand for the company’s unique, scalable aircraft technology.

Freedom from infrastructure is key

One of Airlander’s key advantages is its ability to take off and land on any relatively flat surface, including water, requiring limited expensive and environmentally damaging infrastructure. Management states that Airlander 50 can carry a payload of 50+ tonnes while significantly reducing CO2 emissions. HAV has predicted that a fully electric model of Airlander 50 will be available following a fully-electric Airlander 10 service from 2030. Airlander 50 opens new opportunities in delivering large cargo directly to remote locations at low cost, potentially transforming how large-scale logistics is undertaken in industries like mining.

Significant scalability and broadening appeal

HAV’s Airlander’s Futures Network will help coordinate the input of its growing list of interested partners. It has received backing from Air Nostrum, continues to collaborate with BAE Systems and AECOM and maintains a close relationship with the US Department of Defense. HAV’s unique technology and appeal as an ultra-low emission, low-infrastructure-dependent solution is proving to have broad appeal across multiple sectors, including travel and tourism, logistics, regional mobility, communications and surveillance.

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