Bell Joins Canadian Advanced Air Mobility Consortium

Encouraging the development of an integrated ecosystem of partners, Bell joins the Canadian Advanced Air Mobility Consortium (CAAM) in its effort to establish Canada as a global leader in Advanced Air Mobility (AAM). Announced Oct. 28, the multi-stakeholder group created by the Canadian Air Mobility and National Research Council of Canada (NRC) will streamline research, development and commercial operations in the AAM sector.

Bell’s Innovation teams are currently developing and testing the Autonomous Pod Transport (APT), a tail-sitting, eVTOL vehicle capable of moving 70 lbs of goods through autonomous flight. The groundwork for Bell’s innovative, new platform was developed in the Bell Textron Canada facility in Mirabel, Quebec.

Bell’s innovators in Fort Worth and Mirabel are working to create a new on-demand delivery solution for consumers, warfighters and medical personnel. In collaboration with NASA, APT recently flew a preprogrammed 10-mile circuit path in Fort Worth through complex air space, collecting detect and avoid data while demonstrating its beyond visible line of sight flight capabilities. The innovation team in Mirabel also played a key role in testing the rotating ducts for our Bell Nexus 4EX, which was showcased at CES 2020. With many more milestones to come, our team continues to develop unmanned technology to deliver impactful experiences for our communities, consumers and global businesses.

As an investing member of the CAAM, Bell is thrilled to lend expertise to industry and government partners to develop an integrated AAM ecosystem in Canada. Paving the way for innovation like APT entails close collaboration and an open conversation about the associated infrastructure, regulatory, operational and technology needs. Through these partnerships, Bell moves closer to redefining mobility and bringing advanced vertical lift solutions to urban regions, like Vancouver.

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About Bell

Thinking above and beyond is what we do. For more than 85 years, we’ve been reimagining the experience of flight – and where it can take us.

We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of on-demand mobility.

Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.

Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

About Textron

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

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