Nova Minerals Ltd Expected to Benefit from RotorX Aircraft Manufacturing Company’s Decision to Enter Electric Air Taxi Market


It is expected to benefit from the development and growth of RX through its 9.9% stake in the company and plans to use these aircraft in its flagship Estelle Gold project in Alaska.

(OTCMKTS: NVAAF) () (FRA: QM3) strategic investment in RotorX Aircraft Manufacturing Company (RX) enters the market for electric vertical take-off and landing (eVTOL) air taxis with its RX eTransporter helicopter.

The resource company, which is expected to benefit from the development and growth of RX through its 9.9% stake in the company, also plans to use these planes in its flagship Estelle Gold project to reach its path to production.

Described as a “game changer” in the mining industry, the patent-pending RX eTransporter is considerably more efficient and less expensive than any other eVTOL concept offered or developed.

RX is working with its partner company Advanced Tactics Inc (AT) of Torrance, Calif., Which is working with the US Air Force on two ongoing contracts related to the RX eTransporter.

Benefit massively from RotorX

Nova Minerals CEO Christopher Gerteisen said, “As Nova develops the large 4.7 Moz Korbel gold deposit while unlocking the large Estelle gold district, we need to see and understand the technologies and their application. potential in our business faster, more clearly and what that means for sustainability more than in the past, supported by incremental developments that transform our underlying exploration and exploitation processes from potential to application in sooner to stimulate rapid growth.

“This is one of the many applications we believe in at Nova.

“Innovation is in the DNA of Amazon, Google and Tesla and we are delighted that RotorX is taking this innovation back to us while we can continue to focus on our core development of our gold asset.

“As a 9.9% shareholder of RotorX, Nova is positioned to benefit massively from the development and growth of RotorX, as well as our flagship Estelle Gold project, as we use these perfectly designed aircraft to achieve our goals on the way of production. “

Civil and industrial use

RX, the makers of the Rotor X Phoenix A600 Turbo helicopter, recognized as the world’s most affordable and reliable two-seat kit helicopter, has now developed a four-rotor (or quad-rotor) helicopter named RX eTransport.

It is the first of its kind for civil and industrial use.

This six-passenger helicopter offers plenty of legroom and comfortable charter-jet-style interiors, and the open-interior version is ideal for air taxi operations, parcel delivery, search and rescue, personnel recovery and MEDEVAC operations.

FAA airworthiness tests

Typical eVTOL air taxi planes use inefficient small propellers for vertical lift, have very complex and expensive geometries, complex engine drive systems and tilt mechanisms, inefficient wings, and lower payload capacity. – even with heavy use of expensive carbon fiber construction.

The RX eTransporter will be the world’s most efficient and cost-effective helicopter for civilian use.

Instead of relying on a large wing to make the aircraft more efficient after take off, the RX eTransporter uses a smaller wing which only improves the natural lift of this helicopter.

It does not require a tail rotor, which can lead to catastrophic loss of control in a conventional helicopter, which also greatly increases the efficiency of the RX eTransporter.

The RX eTransporter can take off and land vertically and fly for over an hour and a half, or hover for over 45 minutes on a single charge compared to current eVTOLs which can only hover for a few minutes before needing to land.

The RX Transporter and RX eTransporter are also safer than conventional helicopters due to their multiple independent engine design.

All transporter type aircraft can continue to fly or land with one engine off, greatly increasing the options for making a safe landing.

With this exceptional eVTOL hover capability, the RX eTransporter is ideal for commercial cargo and personnel flights immediately after completing FAA airworthiness tests next year.

Game changer for mining industry

The RX eTransporter will begin testing in Alaska as an experimental aircraft in the summer of 2022.

Mining companies have shown keen interest in purchasing the aircraft to transport mining equipment over the rugged terrain of the Alaska Range.

As rapidly expanding mining expands, the RX eTransporter helicopter would significantly reduce costs.

The new battery and fast charging systems are also particularly suitable for cold weather operations.

Across the mining industry, drones are already showing tremendous results in enabling much greater data collection, increased safety and improved productivity.

The RX eTransporter, which can be made in an optional pilot version and still haul a ton of cargo, would be a game-changer for the mining industry.

This capability will support critical tasks such as fuel delivery, rig hauling, spares delivery, dust control, and core hauling.

This capability will improve productivity and operational safety, while reducing logistics costs by a third.

Mining companies are already showing strong interest in purchasing or leasing the RX Transporter and RX eTransporter helicopters as they become available on the market next year.

Commercial Air Taxi Certification

RX’s partner company AT is working on the development of this type of multi-engine rotorcraft for the US military through two contracts under the US Air Force AFWERX program, which is part of the US Air Force Agility Prime program.

This revolutionary program aims to bring the most advanced air transport systems with the highest efficiency to the Ministry of Defense.

Through a partnership with AT, RX will manufacture civilian versions of the aircraft under development for the US Air Force.

The eVTOL air taxi is its goal.

RX is seeking FAA airworthiness certification later this year and plans to complete the first flight in fall 2021, with FAA commercial air taxi certification expected by fall 2024.


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