This is a great idea on paper, but I'm curious to know how they can make it a reality. Realistically, there are only a few companies in the world who can pull off manufacturing this. They have two former senior Airbus people on their advisory board.
I'm curious to see where they go with this. I'm guessing making it a reality will cost a LOT of money. For context - Airbus Group research and development expenses for the twelve months ending June 30, 2023 were $3.422 billion.
Is the play here to hope they get bought out by the likes of Airbus or Boeing? I don't know, but they do seem to have spotted a gap in the market and the idea seems sound.