The Slovak company Aeromobil, which was behind the development of the flying car, is ending its activities

The Slovak company Aeromobil, which was behind the development of the flying car, is ending its activities

The Slovak company Aeromobil, which was behind the development of the stealth flight

The flying car of the Slovak company AeroMobil at the Top Marques exhibition in Monaco.

Bratislava – The Slovak company Aeromobil, which was behind the development of the flying car, announced the termination of its activities. She justified the move by saying that she did not get new investors. For example, in 2017, the company introduced a new generation flying vehicle model and at the same time started accepting pre-orders.

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“The last negotiations with investors, whose investments were supposed to enable equity capital to be strengthened in the event of an agreement, were not successful. Since Aeromobil's management has exhausted all options for raising capital these days, it is obliged to file for bankruptcy,” the company said.

Aeromobil, which in 2015 was approved by the Slovak government at the time in the amount of six million euros (now 142 million crowns), has received, according to its own data, investments of approximately 25 million euros (593 million crowns) since its establishment in 2010.< /p>

The company reported that it produced a total of three generations of flying prototypes and registered 14 patents.

In the past, the inventor and designer Štefan Klein left Aeromobil, who then started working on his own AirCar flying car project. At his presentation two years ago, when Klein completed a flight of around 75 kilometers with the car, the designer said that the AirCar is fundamentally different from the Aeromobil, including in the way it transforms from a car to a flying machine.