Orama Ventures announced on Wednesday that a group of leading global players in the aviation, tourism and hospitality, construction and investment sectors have formed a consortium to develop the required infrastructure. for the entry and operation of the eVTOL (Electric, Vertical Take Off and Landing) in Greece, until 2026.
EVTOLs are aircraft equipped with electric propulsion systems, capable of taking off and landing vertically, without requiring the existence of a runway. They can carry up to six passengers with zero emissions and minimal noise levels, and at a cost per kilometer quite comparable to that of a conventional taxi.
The eVTOLs will be served by vertical take-off and landing terminals, called Vertiports. They are designed for placement in urban centers either in available open spaces or on suitably configured building rooftops. They are also ideal for regional, continental and island destinations.
While consultations with various government agencies and potential partners from related business sectors in Greece are expected to continue throughout 2022, Orama intends to proceed with the acquisition of the required properties and the permitting procedures for the construction of the first Vertiports in 2023.
Florida-based Orama Ventures LLC is the investment arm of Luxembourg-based O Lifestyle International. The Greek construction company Aktor was chosen as the first local partner.