Hybrid eVTOL Company Plana Signs Letter of Intent with Electric Power Systems for Advanced Air Mobility Batteries
Electric Power Systems (EP Systems), a leading global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana, a hybrid eVTOL company based in South Korea. Plana will deploy EPS’s battery system for its commercial hybrid eVTOL aircraft, which is targeted for commercialization in 2028
LOGAN, Utah--(BUSINESS WIRE)--Nov 1, 2022--
Electric Power Systems (EP Systems), a leading global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana, a hybrid eVTOL company based in South Korea. Plana will deploy EPS’s battery system for its commercial hybrid eVTOL aircraft, which is targeted for commercialization in 2028.
EPS adds Plana to a growing list of customers, which includes NASA, the FAA, Boeing, Safran, and Supernal. The company also provides its electric powertrain system to X-57, Boeing’s CAV (Cargo Air Vehicle), and Bell Helicopter’s hybrid Advanced Air Mobility aircraft (Bell Nexus).
Plana, founded in July 2021, is the sole hybrid eVTOL startup in Korea. Plana develops hybrid eVTOL aircraft, which carries four to six passengers with one pilot, with a cruising speed of 300 km/h (maximum 350 km/h) and flight range of more than 500km.
