Luxaviation Group has signed a Memorandum of Understanding (MoU) with Flugauto, a start-up developing proprietary Vertical Take-Off and Landing (VTOL) technology for autonomous fully-electric aircraft.

"The VTOL business, which is changing the way we perceive logistics, mobility in general, and specifically aviation, is technically advanced in hardware manufacturing and the development of applications, but the industry lacks knowledge and experience of regulations, pilot training, and safety quality management. With our unmatched global experience, Luxaviation Group can close this loophole with certified services, enabling Flugauto and the VTOL industry in particular to provide a seamless and state-of-the-art service offer," CEO Patrick Hansen said.

Under the terms of the partnership, Luxaviation Group will offer its regulatory experience and technical know-how based on its global business of private jet and helicopter management and operation.

Flugauto is a US- and Dubai-based start-up focussed on developing technology primarily for the last-mile cargo transportation segment.