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AERWINS and Vault Investments Conducted a Flight Demonstration of XTURISMO in Abu Dhabi, UAE

AERWINS Technologies, the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has announced that it has conducted a flight performance for the government and government entities of the United Arab Emirates (“UAE”).

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This flight demonstration was conducted together with AERWINS’ Strategic Partner Vault Investments L.L.C. and Bayanat, an AI powered geospatial solutions provider in Abu Dhabi. From March 8 to 12, 2023, the flight demonstration and flight training for government agencies were conducted in a publicly closed environment. Another flight demonstration as an unveiling event was held for VIPs on March 13, 2023, in the Yas Bay area of Abu Dhabi. In addition to infrastructure-less transportation, AERWINS is considering introducing the system for border security and lifesaving in deserts, etc. As a concrete example of XTURISMO’s practical use, AERWINS also unveiled a system that could take off quickly and share information promptly on its surroundings using on-board cameras.

“For the past year, we have been in discussions with our partner, the Lootah family, regarding the introduction of XTURISMO to the UAE market, as well as a capital business alliance with a UAE state-owned enterprise. We have also been coordinating the necessary arrangements for its manufacturing, production and delivery,” said AERWINS chairman and CEO, Shuhei Komatsu. “As a result of these efforts, we would like to express our gratitude to all parties involved for the successful performance. Moving forward, we plan to offer a package consisting of XTURISMO and COSMOS*, a Drone and Air Mobility Control System, enabling full-scale social implementation. Additionally, we will continue to work diligently to showcase diverse models of infrastructure-less mobility that can be applied to a range of environments.”

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“The show went very well to demonstrate that the XTURISMO is a good product, moving toward to a new generation of the transportation,” said Sultan Lootah, the CEO of Vault Investments LLC. “It follows the strategic approach of the UAE and achieves the goals of eVTOL flying in our country. The COSMOS*, the software used to control XTURISMO, has also proved that it is a proper navigation tool without any risk of having turbulence and trouble of traffic in the air.”

The JV company, which will be soon established based on the Joint Venture Agreement with Vault Investments LLC and A.L.I. Technologies Inc, a wholly owned subsidiary of AERWINS, will manufacture, produce, and deliver the vehicle in the UAE, while expanding sales to government agencies and companies.

XTURISMO Limited Edition was developed by AERWINS. It is a manifestation of the dream of air mobility that endeavors to create a completely new way to experience the world, enabling users to feel the joy and pleasure of moving freely in space. The Company believes that it has a wide range of practical possibilities, both in Japan and overseas, including use in disaster relief, infrastructure inspection, and entertainment.

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