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First pilotless air taxi in Austria

It can fly for up to 30 minutes, weighs 360 kilograms, flies at speeds of up to 130 kilometres per hour and has now landed in Vienna.

The first flight of the two-seater passenger drone took place in the Vienna Arena Stadium. Ehang 216 AAV is the name of the drone and it was admired by journalists from France, the USA, Norway and Germany. Controlled by artificial intelligence, a company from Guangzhou, China, is responsible for this. The drone still costs around 300,000 euros, but will become cheaper in the course of series production. Why did this happen in Austria? According to the responsible Chinese, Austria is a good partner. Norway is also very interested in flying taxis.

The time is therefore gradually ripe for drones, as they complement transport options. Even though tourism was mentioned as an important destination, things like organ transports will be done by the pilotless air taxi first. By the way, smaller drones are already on the road in China and deliver food every day. There is certainly still a lot to be invested in the air mobility infrastructure.

The use of drones is also being tested for mining, so that exploration and monitoring can be carried out without the sometimes dangerous use of human beings. With real-time data and cost savings, the mining of the future could look like this. If one orients oneself to the current conditions in the mining industry, the location of a project, the management, infrastructure and the available resources are particularly important.

Cobalt and lithium are important raw materials for the modern batteries that need the new technologies. In Europe, for example, there is lithium in the San Jose lithium project of Infinity Lithium in western Spain, about two and a half hours by car from Madrid. Together with the partner Valoriza Mineria, high-quality lithium hydroxide in battery quality is to be produced.

Cobalt, which is so important for energy storage and electromobility, could supply M2 Cobalt in the future - https://www.commodity-tv.net/c/search_adv/?v=298911. The Company owns prospective cobalt properties in Uganda. In order to create a strong company, a merger between M2 Cobalt and Jervois is planned, with the latter merging with eCobalt. So the high-quality Idaho Cobalt project from eCobalt is added to the group.

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: www.resource-capital.ch/en/disclaimer.html

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