Electric Air Mobility Division of AIRO Group Holdings, Inc. and Kernel Group Holdings (NASDAQ: KRNLU) Announce Memorandum of Understanding with BLADE India
New York, NY, March 28, 2023 (GLOBE NEWSWIRE) -- Fly Blade (India) Private Limited (“BLADE India”), a joint venture between Hunch Ventures and Blade Air Mobility, Inc., and Jaunt Air Mobility LLC (“Jaunt”), a subsidiary of AIRO Group Holdings, Inc. (“AIRO”), announced today they have signed a memorandum of understanding (“MOU”) aimed at launching electric vertical take-off and landing (eVTOL) aircraft operations in India and the subcontinent region by 2027.
- New York, NY, March 28, 2023 (GLOBE NEWSWIRE) -- Fly Blade (India) Private Limited (“BLADE India”), a joint venture between Hunch Ventures and Blade Air Mobility, Inc., and Jaunt Air Mobility LLC (“Jaunt”), a subsidiary of AIRO Group Holdings, Inc. (“AIRO”), announced today they have signed a memorandum of understanding (“MOU”) aimed at launching electric vertical take-off and landing (eVTOL) aircraft operations in India and the subcontinent region by 2027.
- BLADE India is a leader in this effort, having established short haul mobility services in cities nationwide.
- “Jaunt’s MOU with BLADE India demonstrates AIRO’s commitment to bringing innovative air mobility solutions to the people of India,” stated Dr. Chirinjeev Kathuria, Chairman and co-founder of AIRO.
- Suren Ajjarapu, Chairman and CEO of Kernel Group Holdings, Inc., states, “The news of the MOU between BLADE India and AIRO’s Electric Air Mobility division provides a roadmap for integrating eVTOLs into the global transportation market.”